Sat.May 30, 2020 - Fri.Jun 05, 2020

How much is that one additional unit worth?

Berkonomics

Most college econ courses teach marginal economics. So, not to scare those who didn’t take econ, here is a simple explanation. Let’s use breakeven as our test. Let’s say that your company is exactly at breakeven.

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Women’s Clubs Find a Way

L.A. Business Journal

Chief, a private executive organization designed to help women network their way into positions of power, had big plans to open a 13,000-square-foot, multiuse clubhouse on La Cienega Boulevard near Melrose Avenue this spring

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7 Ways Investors Assess Your Focus As An Entrepreneur

Startup Professionals Musings

In my experience as a business mentor, one of the biggest challenges I see is a failure to focus. Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time.

Biocept Moves To New Offices, Labs

socalTECH

San Diego-based molecular technology developer Biocept says it is relocatin gits corporate offices and labs to a new, 39,000 square foot location on Mesa Rim Road. According to biocept, the move is expected to be completed by the end of the year. Biocept said the labs will be both CLIA-certified and CAP-accredited. According to Biocept, the move will allow it to support growth while reducing rent expense and other facility costs. The new location is at 9955 Mesa Rim Road. READ MORE>>.

TECHSPO Los Angeles 2020

SoCal Tech Calendar

Thursday, June 11, 2020 -- TECHSPO Los Angeles Technology Expo - June 10-11, 2020 - Los Angeles, CA. See [link] (more

Furniture Rental Startup Fernished Raises $15 Million

L.A. Business Journal

Beverly Grove-based furniture startup Fernished Inc. has raised a $15 million Series A, bringing its total funding to $45 million

8 Ways Your Old School Can Energize Your New Venture

Startup Professionals Musings

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there.

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More Trending

The Mindset of an Investor Today: A Webinar Series with Minnie Ingersoll, Partner, TenOneTen

SoCal Tech Calendar

Wednesday, June 10, 2020 -- The Mindset of an Investor Today: A Webinar Series with Minnie Ingersoll, Partner, TenOneTen. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate. Presented by Sutton Capital Partners and the Recurring Revenue Conference. link] (more

SpaceX Successfully Launches Manned Mission

L.A. Business Journal

A SpaceX Crew Dragon rocket launches the first manned mission from U.S. soil since 2011

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7 Tips For Expediting The Scaling Of Your New Venture

Startup Professionals Musings

The military has long recognized that machine guns are force multipliers for rifles, but businesses have been slow to capitalize on this concept. Sometimes all the planning in the world isn’t enough for business survival, when things change as fast as they do today.

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Iteris Wins $1M Contract In Texas

socalTECH

Santa Ana-based Iteris , which develops products used in transportation management, reports that it has been awarded $1M in a contract in the City of Round Rock, Texas. According to Iteris, the company's products will be used for a smart mobility initiative. Round Rock is the city where Dell Computer is headquartered. Iteris said that the contract covers "mobility intelligence solutions and video detection technology updates" throughout the city. READ MORE>>.

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TECHSPO Los Angeles 2020

SoCal Tech Calendar

Wednesday, June 10, 2020 -- TECHSPO Los Angeles Technology Expo - June 10-11, 2020 - Los Angeles, CA. See [link] (more

Furniture Rental Startup Fernished Raises $15 Million

L.A. Business Journal

Beverly Grove-based furniture startup Fernished Inc. has raised a $15 million Series A, bringing its total funding to $45 million

Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Upromise Acquired By LA's Prodege

socalTECH

El Segundo-based consumer rewards program operator Prodege , led by longtime SoCal technology veteran Chuck Davis, said Monday morning that it has acquired Upromise , the popular college education-saving rewards business which was owned by SLM Corporation (Sallie Mae). Financial terms of the acquisition were not announced. According to Prodege, it will use the acquisition to offer up further earning and saving opportunities to Upromise.

DigiMarCon West 2020 - Digital Marketing Conference and Exhibition

SoCal Tech Calendar

Wednesday, June 10, 2020 -- DigiMarCon West 2020 - Digital Marketing Conference and Exhibition. DigiMarCon West 2020 is your chance to. Hear from some of the most audacious and thought provoking speakers in the digital marketing industry. Gain insight into emerging strategies, the latest innovative technologies, and best practices to move your business to the next level. Network with thought leaders, collaborate with your peers and build your network in a beautiful atmosphere. See [link] (more

Frame Wellness Rolls Out Therapist Service

L.A. Business Journal

Frame Wellness Inc., a Santa Monica-based mental health care company, has launched Frame Matching, a service that connects Angelenos with therapists

Bio Roundup: Race and Pharma, ASCO Recap, Warp Speed Ahead & More

Xconomy

Race is not a topic that often comes up in pharmaceutical discussions but perhaps it should. Disease doesn’t discriminate by race, but health and economic disparities put some groups at higher risk than others.

Protest, Rioting, Looting Come To Silicon Beach

socalTECH

In a sad testament to the difficult times that have come to the United States, the heart of Silicon Beach--the Third Street Promenade and surrounding areas in Santa Monica--were hit by looting and destruction, even as peaceful groups nearby protested the killing of George Floyd in Minneapolis.

7 Ways Entrepreneurs With Great Ideas Must Follow Up

Startup Professionals Musings

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented.

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CTC Global Names Engineering VP

socalTECH

Irvine-based CTC Global , a developer, marketer and manufacturer of carbon fiber composite cores used in high voltage power lines, has named Kevin Corbalis as its new Vice President, Engineering and Product Development. Corbalis was most recently at Core Health And Fitness, serving as Vice President, Engineering, and Product Development. CTC Global said Corbalis will lead its engineering, product development, and research and development teams. READ MORE>>.

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AcceleratXR Rolls Open Source Project

socalTECH

Los Angeles-based AcceleratXR said this week that it has launched a new, open source project called Composer.js , a new framework and toolset for building back-end API services using NodeJS. The company, led by CEO Jean-Philippe Steinmetz, said it originally build the product for its own online gaming efforts, for work on a massively multiplayer online (MMO) game.

LiveXLive Rolls Smart TV App

socalTECH

Los Angeles-based LiveXLive Media said this week that it has released a new, smart TV app, which runs on Apple TV, Roku And Samsung TV. The company said the upgraded app allows users on those platforms to listen to and watch m usic and pop culture entertainment. The company said it plans to release an Amazon Fire app soon, as well. The company said the app helps its reach a potential audience of 90 million monthly active users through those platforms.

AeroVironment Names COO

socalTECH

Simi Valley-based unmanned aircraft AeroVironment said on Wednesday that it has promoted Ken Karlin to the role of Chief Operating Officer. Karklin had been Senior Vice President of the company since December of 2018. According to AeroVironment, he now oversees sales and business development, emerging businesses, product line management, engineering, manufacturing operations, program management, corporate quality and related support functions. Karlin joined AeroVironment in 2009. READ MORE>>.

SpaceX Launches 60 More Starlink Satellites Into Space

socalTECH

Hawthorne-based SpaceX successfully launched sixty more of its Starlink satellites on Wednesday evening, with another launch and landing from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station. The launch, which took place at 9:25 p.m. EDT, used a Falcon 9 rocket which previously had been launched multiple times--including the Telstar 18 VANTAGE mission in September 2018, the Iridium-8 mission in January 2019, and two separate Starlink missions in May 2019 and in January 2020.

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SpaceX Aiming At Another Starlink Launch Today

socalTECH

Hawthorne-based SpaceX is aiming at another launch of a number of Starlink satellites, part of a constellations of thousands that the spaceflight company is hoping to send into low earth orbit. According to the company, it hopes for a launch on Wednesday, June 3rd at 9:25 p.m. EDT, from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station.

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TeleSign Links With Skype On Robocall Screening

socalTECH

Los Angeles-based TeleSign said on Wednesday that it is in a new partnership with Microsoft's Skype , to screen robocalls. According to TeleSign, Skype will implement Telesign's digital identity solution, called Score, to take action against calls that are likely of a fraudulent origin. Financial details of the partnership were not announced. TeleSign said that its Score software behaves as an "inbound spam filter", as well as other kinds of communications fraud.

The Riveter Shuts Down LA, Other Locations

socalTECH

The Riveter , which had specifically focused on providing a coworking environment for women, has shut down all of its physical spaces, including its location in the Los Angeles area. According to a post from the company, it made the "tremendously difficult decision" to close its coworking operations as a result of the ongoing pandemic.

Evofem Looks To Raise $100M In Additional Public Offering

socalTECH

San Diego-based Evofem Biosciences , a publicly held, biopharmaceuticals company which is developing products in the area of women's sexual and reproductive health, says it has priced approximately $100M in common stock to the public. The company said gross proceeds from the offering to Evofem, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $100 million.

TAE Life Sciences Finds $30M In Series B Round

socalTECH

Foothill Ranch-based TAE Life Sciences , which is developing boron-based radiation therapy drugs for the treatment of cancer, has raised $30M in what it says is an initial, Series B funding round. The company said the funding comes from a consortium of investors, including ARTIS Ventures. The company said the new funding will allow it to further accelerate development of its products.

Bird Shuts Down Operations In Middle East

socalTECH

Santa Monica-based on-demand scooter company Bird has shut down its operations in the Middle East, according to reports, shutting down Circ, which it had acquired in January, and laid off all of its employees. Bird had only just acquired Circ in January, shortly before the world was hobbled by the pandemic. According to those reports, as many as 10,000 of Circ's scooters have been sent for recycling, and around 100 employees laid off.

Activision Delays Modern Warfare, Warzone, Call Of Duty Seasons

socalTECH

Santa Monica-based Activision says it is delaying the seasons of Modern Warfare , Warzone , and Call of Duty: Mobile , explaining in a post on Twitter that "now is not the time", referencing the civil unrest currently gripping the United States. Activision--which also runs the e-sport Overwatch League--has been rapidly adjusting its plans this year due to world events, including modifying how it has run its e-sports events due to the pandemic, and now the civil unrest in the US.

8minute Solar Energy Gets $225M Letter Of Credit

socalTECH

Los Angeles-based solar energy developer 8minute Solar Energy says it has received a $225M letter of credit, to go towards development of its pipeline of solar and energy storage projects. According to the company, the letter of credit was led by CIT, and also included KeyBank, HSBC, Rabobank and Nomura Holdings. The company said the ltter of credit will be used to post securities for its power purchase agreements (PPAs). 8minute is led by Dr. Tom Buttgenbach.

Buy It Installed Seeks $4.5M

socalTECH

Irvine-based Buy It Installed , a startup which provides on-site, home installation of products, says it is seeking $4.5M in a Series A extension, and received new investment funds as part of that funding. Amount of that investment was not announced by the company. According to Buy It Installed, it is currently focused on on-site, installation for the automotive aftermarket. The company said it plans to use the new investment to grow its installation network and hire new staff.

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Trait Signal Launches Software For Car Dealers

socalTECH

Los Angeles-based Trait Signal , a new, automatic analytics startup, said this morning that it has launched a software platform to provide car dealers insights on cars for sale. The startup says its platform, which is available to car dealers across the U.S. and Europe, aggregates information on automobile mobiles, providing information to help buyers understand a vehicle's "defining traits."

Insightful Science Acquires nQuery

socalTECH

San Diego-based Insightful Science said this morning that it has acquired Statsols , which develops clinical trial design software nQuery. Financial terms of the acquisition were not announced. Insightful Science said the buy will help it build its portfolio of scientific software solutions. Insightful Science said that nQuery covers all phases of clinical trails, I - IV, and is being used by more than 50,000 researchers from around the world.

SpaceX Dragon, With Crew, In Historic Launch And Docking

socalTECH

In a historic first, Hawthorne, California-based SpaceX had a successful launch, and subsequent docking, of a SpaceX Dragon capsule--the Endeavor--with the International Space Station. The launch on Friday went off without a hitch, and the SpaceX Dragon docked with the ISS, delivering Astronauts Bob Behnken and Col. Doug Hurley to the ISS at 10:16 a.m. The successful launch and docking is the first time that the United States has delivered astronauts from its own soil, using U.S.

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