Sat.Dec 26, 2020 - Fri.Jan 01, 2021

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Financing with grants, not equity or debt

Berkonomics

First, an example of grant-based financing . I was chairman of a company that, for twelve years never took a dollar of outside investment. The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the experti

Equity 156
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Book of Lists Profile: Snap Hits New Heights

L.A. Business Journal

Snap Inc. has been on a roll in 2020, more than doubling its value since the start of the year.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work. Even the best college degree is not a substitute.

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Reflections on 2020: Olivia (Libby) Duane Adams, co-founder, Alteryx

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Olivia (Libby) Duane Adams, co-founder and chief advocacy officer at Alteryx (www.alteryx.com) who is based in Irvine. You will be able to get to all of these posts on our 2020 reflections here.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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What I Ate on My Weight Loss Journey of 2020

Both Sides of the Table

Yesterday I wrote about my weight loss journey of the past 18 months where I lost 65 pounds in 18 months with no gimmicks or fads. No paleo, keto, intermittent fasting?—?just sensible eating. If you didn’t read the post it might be worth clicking on the above link. Some simple advice I have: Eating matters 10x more than working out. Both are important but as they say “you can’t outrun your fork.

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Book of Lists Profile: SCS Engineers Pivots to the Environment

L.A. Business Journal

Even though the amount of waste deposited in landfills has declined in recent years, SCS Engineers’ business has grown.

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Reflections on 2020: Nick Hedges, MomentFeed

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Nick Hedges, CEO of MomentFeed (www.momentfeed.com). You will be able to get to all of these posts on our 2020 reflections here. Are you a founder, CEO, or investor who would like to participate?

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How I Lost 65 Pounds In 18 Months Without Any Fad Diets or Gimmicks

Both Sides of the Table

June 2019 (left) and November 2020 (right) I’ve been reluctant to write this blog post because historically I don’t like talking about weight. But I’ve been promising to publish how I lost 65 pounds in the past 18 months without any fad diets or gimmicks to try and be helpful to others. I have a plan, I know it works and for the friends and family who have followed what I’ve done they’ve equally lost a lot of weight.

Startup 526
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Book of Lists Profile: SCS Engineers Pivots to the Environment

L.A. Business Journal

Even though the amount of waste deposited in landfills has declined in recent years, SCS Engineers’ business has grown.

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7 Ways To Manage Healthy Internal Business Conflicts

Startup Professionals Musings

Most business professionals I know will go to great lengths to take a neutral position on internal business conflicts, on the assumption that all conflict is bad for the company as well as their political future. In my experience, a level of disagreement among key team members is a sign of a healthy organization, allowing it to survive and prosper in this age of multiple disruptive trends.

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Yardi Buys CommissionTrac

socalTECH

Santa Barbara-based Yardi announced this week that it has acquired CommissionTrac, a developer of revenue management software for commercial real estate companies. Financial terms of the acquisition were not announced. CommissionTrac was founded in 2015. According to Yardi, it will be integrating CommmissionTrac's platform into its CommercialEdge suite, and will continue to support existing CommissionTrac customers.

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Reflections on 2020: Brian Mac Mahon, Expert Dojo

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. We'll be posting these throughout the next two weeks. Today, we have Brian Mac Mahon of startup accelerator ExpertDojo (www.expertdojo.com). You will be able to get to all of these posts on our 2020 reflections here.

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J2 Global Board Member Dies

socalTECH

Los Angeles-based J2 Global said Monday morning that one of its board of directors, Robert (Bob) J. Cresci, has died. Cresci, 75, was Founder and Managing Director of Pecks Management Partners Ltd. J2 Global said that Cresci had been on its board since 1998, when the fund first invested in J2 Global, when it was still a private company. J2 Global's brands include IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers.com, Spiceworks, Everyday Health, BabyCenter and What To Expect, e

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Book of Lists Profile: Snap Hits New Heights

L.A. Business Journal

Snap Inc. has been on a roll in 2020, more than doubling its value since the start of the year.

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8 Business Lessons You Need To Learn Before Repeating

Startup Professionals Musings

How many entrepreneurs do you know that “almost” made it big? Startups are very risky, and most fail. Yet entrepreneurship is one of the fastest growing trends in business today. Surveys show that entrepreneurs are among the happiest people in the world, despite the challenges. Yet it would pay real dividends to know at the start what separates the “also-rans” from the winners.

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5 Ways Crowdfunding Is Not A Panacea For New Ventures

Startup Professionals Musings

As an advisor to many entrepreneurs, I still hear frequently the irrational exuberance that crowdfunding is the quick alternative for startups that are passed over by overly demanding angels or venture capital investors. In reality, crowdfunding has become a major startup funding vehicle, expected to reach $114 billion globally by 2021, but that doesn’t mean it’s easy.

Startup 151