Both Sides of the Table
MARCH 3, 2013
“In 15 Years From Now Half of US Universities May Be in Bankruptcy.” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.” Who else does Clayton pray for? Apple. Yup! Watch the 30-minute interview to hear why but summary notes below.
InfoChachkie
MARCH 4, 2013
A version of this article previously appeared on Inc. Pink Floyd's Dark Side Of The Moon album ( DSOTM ) only reached #1 on the US charts for a single week. However, it remained in the Top 200 for an astounding 14 years and 3 months. Despite being released in 1973, a remastered version of the album sold 800,000 copies in 2003. By 2012, total sales exceeded 50 million copies and founding band member Roger Waters was cited by Forbes as the second highest paid musician of the year, pulling in $88 m
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socalTECH
MARCH 4, 2013
Need a lift, but don't have a car? Ridesharing app SideCar is the latest, peer-to-peer, smartphone-driven, ridesharing app to debut in Los Angeles, letting people find drivers willing to give them a ride around the city. SideCar--which quietly launched February 15--said it has begun accepting rides city-wide, teaming up app users with drivers who are willing to give other people a lift around town for a donation.
Berkonomics
MARCH 7, 2013
Sometimes it is the first thought you or your managers have when in need of skilled talent, especially for sales or product development. It is not hard to find and observe the best employees of a good competitor at work, skillfully moving the competitor forward in a visible way. And it is a tempting slice of pie – two slices for one price – to take a critically needed employee from a competitor, damaging that firm while building yours.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
Eric Greenspan
MARCH 4, 2013
Comb through your likes on Facebook, right now. Do you really like all that you’ve liked? Would you do business with each of these companies? Would you want to receive offers from them all? If the answer is “no,” I strongly recommend that you unlike all pages that are irrelevant to your life. Maybe a friend’s company is worthy of your “like,” but are you doing them any good by liking something you don’t really like?
Startup Professionals Musings
MARCH 4, 2013
Great entrepreneurs have long been the epitome of people with a great work ethic. But many complain to me that it is becoming harder and harder to find team members and employees who demonstrate and live the same culture. Somewhere along the way, work ethic seems to have been replaced by a pervasive sense of entitlement, especially in the younger generations.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Tech Zulu Event
MARCH 6, 2013
Held the last Friday of every month, TechZulu Final Fridays (#TZFF) are a creative blend between networking event, startup showcase, and community celebration. Join us as we introduce you to featured faces and spaces across our great city, highlighting the many flavors of innovation that make up the LA tech ecosystem…plus plenty of free food and drinks.
Steve Reich
MARCH 2, 2013
Pasadena may be the best tech story never told. Somehow the home of IdeaLab, OpenX, CalTech, Art Center College of Design, and JPL doesn’t have much of a reputation as a innovation hub. A number of tech companies, such as Bluebeam and Materia, are quietly building powerful businesses, and many startups are in Old Town. Still, Pasadena never hits anyone’s radar as a hot tech destination.
Startup Professionals Musings
MARCH 5, 2013
In a second, with Google, I can find a phone number that was assigned to you ten years ago, but it takes me an hour to find your phone number on that business card you gave me last week. That’s just wrong. We need instant access to the most important of all resources, current contact info. Too many of us have piles of business cards scattered around the office and home, as well as additional contacts on your smart phone, iPad, Outlook, LinkedIn, and Facebook.
socalTECH
MARCH 4, 2013
Nero , the developer of consumer video, photo, and media software management products which bases its U.S. operations in Glendale, has rolled out a brand new product to help users share photos on their iPhone and iPad. Nero said its new NeroKwik software for iPhone and iPad allows users to share their photos across the web, Facebook, Google+, iOS, and Android, via its mobile photo sharing service.
Tech Zulu Event
MARCH 4, 2013
Lost your bike? Where are my kids? Has the delivery truck found the best route to its destination? My motorcycle was stolen? These are some questions that have gone through the minds of business owners and the general public alike. According to Valarm co-founder, Lorenzo Gonzalez, his motorcycle was stolen from an airport parking lot. Because of his unfortunate event, Lorenzo and his brother, Edward Pultar, teamed up and decided to build an app to prevent thefts and other applications for
socalTECH
MARCH 6, 2013
CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. The firm announced this morning it has launched a new set of deal features, aimed at the enterprise, which help clients manage all kinds of business deals.
socalTECH
MARCH 5, 2013
Santa Monica-based Xfire is aiming to make it easier for PC game enthusiasts to find challengers, with the launch of a new tournament system, the firm announced this morning. Xfire said Battleground is a fully automated, competitive gaming platform which lets gamers challenge their friends and foes, participate in tournaments, or organize their own, private PC gaming tournaments.
socalTECH
MARCH 6, 2013
At The Pool , the Los Angeles-based social networking site focused on helping locals meet other locals, said Wednesday that it has launched a major, new site redesign, including adding the ability for local groups to create their own "pools". The site, which is headed by Alex Capecelatro, said the new updates include enhanced and optimized profile pages, the ability for groups to create their own, branded "pools", and stronger matching algorithms to connect users.
socalTECH
MARCH 8, 2013
Stuart Frost is head of Frost Venture Partners (www.frostvp.com), and the founder of DatAllegro, which he started in Orange County and eventually sold to Microsoft for $275M in 2008. DatAllegro was one of the first companies in what is now the "big data" industry, and helped to pioneer the entire segment. Now, Frost has set up shop buildling out a whole series of companies in the industry, and we caught up with him to learn more about the companies (Predixion Software, Cirro, Lineage, Kumo, etc.
socalTECH
MARCH 4, 2013
Technology veterans Tareq Risheq and Mark Thacker are no strangers to the world of high tech startups and angel and venture capital--Risheq was formerly CEO of Celllynx, Thacker was co-founder at Datallegro--but the way they're funding their newest startup is unusual, and a testament to the growing popularity of crowdfunding. The firm has now raised over $300,000 in funding via online crowdfunding site Kickstarter, for their project, MyIDKey , according to the project's status page.
socalTECH
MARCH 5, 2013
So long, third party Twitter apps? Those in the Southern California high tech ecosystem might remember the bidding battle that Pasadena-based Ubermedia had with Twitter over Twitter client software firm Tweetdeck a couple of years ago. For awhile, it looked like Ubermedia had acquired the popular Twitter client for around $30M--only to have Twitter trump those efforts and ultimately acquired Tweetdeck in May of 2011.
socalTECH
MARCH 5, 2013
One of the hottest sectors in Southern California's high tech world in the last couple of years has been video--namely, Internet video and content creation. With the rise of an increasingly large number of companies, producers, individuals, and others building online video channels, there's been a corresponding increase in the need for tools to serve that audience.
socalTECH
MARCH 4, 2013
Is Amgen the next source of the healthcare industry's venture capital deals? It might be, on news that Kevin Sharer , the former CEO of Thousand Oaks-based Amgen , has joined venture capital investment firm Foundation Medical Partners. According to CT-based Foundation Medical Partners, Sharer has joined the company as a Partner, and will help assess and manage investments in the connected health and healthcare IT sectors.
socalTECH
MARCH 6, 2013
FreedomPop , the venture-backed provider of free broadband services, has launched into the home broadband market, the company announced this morning. The firm--which has the backing of Mangrove Capital, DCM and Atomico, the venture investment arm of Skype founder Niklas Zennstrom--said it will be ofering up 100 percent, free high speed Internet to customers.
socalTECH
MARCH 7, 2013
Think you need to find a venture capitalist or angel investor to help you fund your great new idea for a videogame? Think again. A Newport Beach-based videogame publishing firm, inXile , has just raised $1.9M (and counting) in funding on the crowdfunding site Kickstarter, for their new game, Torment: Tides of Numenera. The game development firm--founded by Brian Fargo, who founded Interplay Entertainment--posted its videogame project only Wednesday, hitting its initial goal of $900,000 in less t
socalTECH
MARCH 4, 2013
Nimble , the developer of customer relationship management software, said today that it has launched a program for startups, which will offer up a free year of its service. The Los Angeles startup said it has teamed with over 50 startup accelerators to offer up 12 months of its 2 user, 100GB service for free, something it normally charges $1800 for.
socalTECH
MARCH 7, 2013
One of the groups trying to help local startups in their efforts to find funding and get to the next leve, the Founder Institute , said this morning that its early deadline for its Spring 2013, San Diego session is this Sunday. The group--which said its efforts in San Diego are being led by Jeanine Jacobson, co-founder of FounderList--is looking to sign up prospective and existing startup founders who can learn about launching their startups.
socalTECH
MARCH 6, 2013
SharesPost , the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDA OMX , the two said this morning. According to the two companies, the move will create a new marketplace for private growth companies, which combines NASDAQ OMX's experience in the market and resources, and SharesPost's web-based platform for trading private stock.
socalTECH
MARCH 6, 2013
What's the best way to find and discovery new music? Los Angeles-based Earbits (www.earbits.com) has developed a service geared around new music discovery and streaming, making it easy for passionate music fans to find new bands, tracks, and albums they like. We caught up with co-founder and CEO Joey Flores to learn more about the service, plus hear more about the new on-demand service and the challenges it is trying to help musicians and labels deal with in the age of Internet streaming.
socalTECH
MARCH 7, 2013
Redlands-based geographical information systems (GIS) and mapping software developer Esri announced a new set of mobile applications Wednesday, saying it has created two applications for field data collection and monitoring. The firm said it has debuted Operations Dashboard for ArcGIS, which provides interactive maps and data, which runs on Windows desktops and Windows tablets, and Collector for ArcGIS, an applicaiton which can be used to gather data using GPS, which runs on iOS and Android.
socalTECH
MARCH 6, 2013
Irvine-based Specific Media , the online advertising firm which now owns Myspace, said late Tuesday that it has named entertainment industry executive Larry Madden as its Chief Financial Officer. Madden was most recently CFO of SFX Entertainment, as well as CFO of 19 Entertainment and XIX Entertainment. He also served at the Weinstein Company, Loudeye, EMAK Worldwide, Atomic Pop, Def Jam Recordings, and PolyGram International.
socalTECH
MARCH 8, 2013
Los Angeles-based content delivery network operator NetDNA is ramping up its efforts to provide CDN services in Asia, the company said Friday. NetDNA said it will provide accelerated traffic through its Singapore point-of-presence, for a flat $10 per month for existing customers of its MaxCDN service. NetDNA said its flat rate compares to the "hundreds or tens of thousands" of dollars that competitive CDNs charge for per-megabit acceleration.
socalTECH
MARCH 5, 2013
Santa Monica-based location analytics software developer MomentFeed announced Tuesday morning that it has signed on some big brands as customers of the firm. According to MomentFeed, 7-Eleven, JCPenney, The Coffee Bean & Tea Leaf, and The Home Depot have all selected the company's platform to power their social marketing efforts at the local level.
socalTECH
MARCH 5, 2013
p>Is the world short in happiness and joy--and how can a mobile app change that? Los Angeles-based Cheers , the new startup from Bizrate founder Farhad Mohit, disclosed Tuesday afternoon that it has raised $2.5M in a Series A from investors to help build out its mobile apps, which let users show their appreciation for people, things, and places they love.
socalTECH
MARCH 5, 2013
There's a new venture investor in town, thanks to Dell. Vinny Smith , the former CEO of Aliso Viejo-based Quest Software , appears to have become one of the most active investors in recent months in enterprise software, after starting up a new venture capital firm, Toba Capital. The latest investment from Toba is in backup, recovery, and business continuity appliance provider Quorum , based in San Jose, which reported an $11M Series B funding this morning from Toba Capital and Airtek Capital Gro
socalTECH
MARCH 4, 2013
San Diego-based radio frequency chipmaker Peregrine Semiconductor said Monday afternoon that it is in a intellectual property deal with Murata. Peregrine said it is in the midst of a collaboration agreement with Murata, where Murata would design and manufacture RF switches and other switch-related components utilizing its technology and intellectual peroperty.
socalTECH
MARCH 7, 2013
San Diego-based biopharmaceuticals developer Sorrento Therapeutics announced today that it has signed an exclusive option to acquired Fountain Valley-based IGDRASOL , a company developing oncologic agents for treating metastatic breast cancer (MBC), non-small cell lung cancer (NSCLC) and other cancers. Sorrento said it will buy IGDRASOL by issuing 76,199,171 shares of its common stock, or approximately $18.2M.
socalTECH
MARCH 7, 2013
Calabasas-based networking test equipment and software developer Ixia said Wednesday that it has been selected by Microsoft , as the official test house for qualifying Microsoft's Lync application against Wi-Fi networking and client devices. Microsoft Lync is the company's unified communications platform, which provides instant messaging, voice, and video in the enterprise.
socalTECH
MARCH 4, 2013
Carlsbad-based Life Technologies , the developer of life sciences tools and equipment, said today that it has signed a collaborative research agreement with Harvard University. Life Technologies said the deal covered stem cell research technology, which will be offered on its semiconductor sequencing and PCR-based genetic analysis platform. Financial details of the deal were not disclosed.
socalTECH
MARCH 8, 2013
Thousand Oaks-based Teledyne Technologies , the diversified electronics, instrumentation, aerospace and defense firm, reported Thursday that its subsidiary, Teledyne Brown Engineering, has won a $350M NASA Engineering contract. Teledyne said it was one of three contractors selected as part of a NASA/Marshall Space Flight Center, Engineering Solutions and Prototyping (ESP) contract.
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