Sat.Feb 15, 2020 - Fri.Feb 21, 2020

Snap accelerator names its latest cohort

TechCrunch LA

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The new batch of startups coming from across the U.S.

How about personal guarantees for company debt?

Berkonomics

Is the guarantee still required today? More than ever, the banks and lenders today require personal guarantees from entrepreneurs, and even from CEO’s of angel or some VC funded businesses.

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Why Meg Whitman is Betting on Quibi as“The Da Vinci Code of Content”

Both Sides of the Table

Every year, a personal Upfront Summit highlight is getting to sit down with experts in a field I care about.

6 Challenges In Penetrating The New World Of Services

Startup Professionals Musings

Selling services has always been about relationships, but the challenges of building relationships with services clients have exploded.

SpaceX alumni are helping build LA’s startup ecosystem

TechCrunch LA

During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Snapchat, they hoped, would spin-off entrepreneurs and angel investors who would reinvest in the local ecosystem and create new companies that would in turn foster more wealth, establishing LA as a hub for tech talent and venture dollars on par with New York and Boston.

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AdQuick Raises $6 Million

L.A. Business Journal

Outdoor advertising software company AdQuick Inc. raised a $6 million Series A to expand its sales, marketing and engineering teams

More Trending

5 Priorities For New Business Leader Self-Development

Startup Professionals Musings

In my business of mentoring new entrepreneurs and advising small company owners, I recognize that most don’t start as experienced leaders, and most don’t realize that people leadership is a primary key to their future success.

Max Q: SpaceX gets ready for first human flight

TechCrunch LA

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news — kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to U.S.

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Uber Closes Downtown Office, Lays Off 80

L.A. Business Journal

Ride-hailing company Uber Technologies Inc. closed a customer support office downtown and laid off roughly 80 employees

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Brace Picks Up $10M For Mortgage Serving Software

socalTECH

Santa Monica-based Brace , a startup developing software to automate mortgage servicing, has raised $10M in a Series A funding round, according to the company. The funding was led by Point72 Ventures, and also included Crosslink Capital. Brace said the new funding brings its total raised to $15M. The new funds will go towards expansion of its platform and technology.

6 Ways To Make You An Entrepreneur Before The Product

Startup Professionals Musings

Many of the entrepreneurs I advise or invest with spend considerable time on the Internet, keeping up with technology, customers, and competitors, but very few feel the need for an early personal presence. In fact, some totally avoid it, assuming their product or solution will speak for itself later.

SoCal Startup Day

SoCal Tech Calendar

Wednesday, February 26, 2020 -- SoCal Startup Day. We are proud to announce the first annual SoCal Startup Day. We will have a jam packed day of festivities, exhibitors, investors, keynotes, fireside chats, activites, food trucks and cocktails, and the biggest startup event Orange County has ever seen! If you are looking to network and connect with Southern California's top startups, seeking funding, or just curious about the startup community, this is the event for you. See [link] (more

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ClouDhiti Launches AI Apps to Empower SMBs with AI

StartUp Beat

ClouDhiti today announces the launch of its AI Apps with the aim to empower online retailers, especially small and medium businesses (SMBs), with AI capabilities. With these five new apps, all available on the ClouDhiti Marketplace, SMBs don’t have to […].

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Ubers Chops LA Office, Cuts Around 80 Employees

socalTECH

Uber is shutting down its Los Angeles offices, and has laid off about 80 employees, according to the LA Times. According to The Times, jobs from the download LA location have been moved to Manila, with staffers suddenly informed of the cuts last Thursday. A leaked message from Uber's manager in LA, published by The Times said "We have decided to close the downtown L.A. office and we will be moving the outreach and innovation work to our Manila C.O.E." READ MORE>>.

7 Ways Growing Companies Drift From Startup Thinking

Startup Professionals Musings

Every new venture that survives the first five years starts to drift away from their entrepreneurial thinking, and assumes they have achieved the path to longevity.

Programination

Startup San Diego

Learn more about Evolution Smart Bag and how the founder, Angela Marino, went from idea to concept to shipping out her first orders within a couple years! The post Programination appeared first on Startup San Diego. Startup Spotlight

Bio Roundup: Agile Approval, Coronavirus Collabs, Spruce’s $88M & More

Xconomy

The price of insulin, a life-saving treatment discovered a century ago, has been a flashpoint amid the broader drug pricing debate. The FDA is trying to tame high insulin prices by encouraging price competition. The FDA has historically regarded insulin as a drug.

Enevate Targets Power Tool Markets With New Batteries

socalTECH

Irvine-based battery technology developer Enevate says it is looking to apply its battery technology to the power tools market, in an expansion of the applications of its technology. The company, which develops silicon-dominant lithium-ion battery technology, has previously been focused on adoption of its technology for the electric vehicle (EV) market.

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10 Timeless First Principles Of A Prosperous Business

Startup Professionals Musings

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved.

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Rocket Lab Wins NASA Satellite Launch Contract

socalTECH

Huntington Beach-based Rocket Lab has won a NASA contract, to launch a small satellite to the moon, according to NASA. NASA said that the contract will launch a CubeSat to the moon from Rocket Lab's new launch site, at Wallops Island, Virginia. The launch site is at NASA's Wallops Flight Facility, where Rocket Lab recently set up its second launch location. Rocket Lab's original launch site is in New Zealand.

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SpaceX Seeking Another $250M

socalTECH

Hawthorne-based SpaceX , led by Elon Musk, is seeking another $250M in funding, which would value SpaceX at an astounding $36 billion. According to CNBC, the funding will go towards the Crew Dragon, Starlink, and Starship. CNBC said that SpaceX raised $1.33 billion in 2019. READ MORE>>. musk elon aerospace spaceflight space capital venture spacex

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AEG, Fuelster To Offer On-Demand Fueling At Staples Center, L.A. Live

socalTECH

Los Angeles-based sports and entertainment venue operator AEG , and on-demand, mobile fueling provider Fuelster Technologies , which is based in Porter Ranch, said this week that the two are in a new partnership where Fuelster will offer up on-demand mobile fuel delivery to fans at Staples Center and L.A. Financial details of the partnership were not announced. According to the two, Fuelster becomes an official partner of L.A.

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Liquid Death Takes $9M In Series A

socalTECH

Los Angeles-based Liquid Death , the canned water brand backed by Science, Inc., has raised $9M in a Series A funding, as the company continues to expand distribution of its products. The company--known as much for the way it markets its products as the product itself--said the funding was led by Velvet Sea Ventures, and also included Jamie Siminoff (founder of Ring), Jake Strom and Blake Mycoskie (TOMS), Sophia Amoruso (GirlBoss), and Nick Green (Thrive Market). Science Inc.

Iteris Gets Win In Minneapolis

socalTECH

Santa Ana-based Iteris reported this week that it has scored a win in the City of Minneapolis, which will install the company's video detection systems. Financial impact of the deal was not announced. Iteris said its Vantage Next detection systems can differentiate between vehicles, bicycles, and pedestrian, and can count all of those for use by city traffic engineers, allowing signal timing to be improved, and police or other emergency resources to be deployed more effectively. READ MORE>>.

Amazon Starts Selling Used Bird Scooters

socalTECH

Tired of using public, on-demand scooters? Want your own Bird scooter? Amazon has apparently started selling used Bird scooters on its website today, through the "Amazon Renewed" program. The scooters--Bird's ES1-300--are also available new, however, the used versions are being sold for just $289.99. A new, "Bird One" scooter purchased directly through Bird will set users back by $1299.00. Bird's ES1-300's are also available new from such retailers as Walmart for around $379.00. READ MORE>>.

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Tocagen, Forte Biosciences In Merger

socalTECH

San Diego-based Tocagen , which develops cancer-selective gene therapy aimted at treatking skin cancer, and Torrance-based Forte Biosciences , a biopharmaceuticals firm developing a live biotherapeutic for the treatment of inflammatory skin diseases, said on Wednesday that the two are in an agreement where Tocagen will merge with Forte in an all-stock transaction.

Cloudbreak Health Finds $10M For Telemedicine Platform

socalTECH

Los Angeles-based Cloudbreak Health , which develops a platform used for telemedicine efforts, has raised $10M in an investment round, the company announced this morning. According to the company, the funding came from Columbia Partners Private Capital. The company said the new funding will go towards expanding its footprint, and for growth and product innovation. As part of the funding, Saul Waller, Vice President at Columbia Partners Private Capital will join the company's board.

SmartBug Media Gets Private Equity Investment

socalTECH

Irvine-based SmartBug Media , a marketing agency which helps businesses with lead generation, has received a private equity investment from American Discovery Capital (ADC). Financial details of that investment were not announced. According to SmartBug Media, the two have formed a strategic partnership, and will use the funding to accelerate its growth. SmartBug Media said it provides inbound marketing, digital strategy, design, marketing automation, and public relations services.

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Snap Launches Third Yellow Accelerator Program

socalTECH

Venice-based Snap announced the third class of its Yellow startup accelerator class on Wednesday, naming ten companies to participate in its annual 14-week program in Los Angeles.

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Cicero Diagnostics Finds $1M In SBIR Grant

socalTECH

Huntington Beach-based Cicero Diagnostics , a company developing women's healthcare diagnostics, has received $1M in a Phase II SBIR Fast Track grant, from the National Institutions of Health (NIH), the company announced this morning. The company said the grant will go towards further research on its efforts to monitor biomarkers for unexplained infertility, failed implantation, and recurrent pregnancy loss.