Sat.Aug 20, 2022 - Fri.Aug 26, 2022

Is “management by walking around” an outmoded fad?

Berkonomics

Let’s set the scene. One of the CEOs I used to coach started his day by walking the floor of his extended facility and checking in with managers and employees of the various departments, especially the call center.

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Avenda Health Finds $10M For Prostate Cancer Treatment

socalTECH

Culver City-based Avenda Health, a startup using artificial intelligence in the healthcare area, said it has raised $10M in a Series B funding. The funding was led by VCapital, and also included Plug & Play Ventures and Wealthing VC Club. According to Avenda Health, is is developing AI-enabled patient management software that identifies and visualizes a patient's prostate cancer. The company said the funding will go towards continued clinical evidence development.

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8 Ways To Create Balance Between Logic And Creativity

Startup Professionals Musings

Traditionally, the majority of entrepreneurs have been logical thinkers, problem solvers, with full attention to details. These are the stereotypical left-brain engineers.

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10 Leadership Actions To Drive Effective Team Results

Startup Professionals Musings

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability.

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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.

ChargeNet Stations Names Chief Revenue Officer

socalTECH

San Diego-based ChargeNet Stations, a new company which says it is building electric vehicle (EV) fast charging stations and software, said today that it has named a new Chief Revenue Officer. The company said it has named Sharmila Ravula as Chief Revenue Officer, to help it accelerate its expansion of fast, solar-powered EV charging stations in quick-serve restaurant parking lots. Ravula previously served at such companies as Peak Power, AMS and Bosch Energy Storage.

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10 Key Business Founder Checks Needed Before The Plan

Startup Professionals Musings

Most business advisors I know will say that writing a business plan is the first step to starting your own business, but I believe that a better first step is to do a self-analysis of your real drivers, strengths, and assumptions before committing to this lifestyle.

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More Trending

10 Principles Define You As A Design Thinking Leader

Startup Professionals Musings

As a business advisor, I strongly believe that continuous innovation and design thinking are the keys to long-term viability and success. A classic survey of design professionals shows strong agreement, but 92 percent expressed some lack of confidence in their organization’s design vision.

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Athos Therapeutics Links With Caltech

socalTECH

Los Angeles-based biotech company Athos Therapeutics says it has inked a research collaboration with Caltech, where the company will used specialized facilities and equipment at Caltech in its research. According to the company, it will use those specialized facilities and equipment at Caltech to perform molecular analysis and spectrometry-based proteomics on primary human single cells, blood, and tissue biopsies from de-identified Inflammatory Bowel Disease (IBD) patient samples.

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Stackin' Partners With MX

socalTECH

Los Angeles-based financial application developer Stackin' said today that it has partnered with an open finance technology company, MX. According to Stackin, the partnership enables users to securely connect their bank accounts to the app. Financial details of the partnership deal were not announced. Stackin' is led by CEO Tom Brammar. stackin financial apps fintech

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VIAVIA Sees $8M Seed for Fashion E-Commerce

socalTECH

A new, Los Angeles-based startup VIAVIA, says it has raised $8M in a seed funding round, to launch what it calls a "fashion retail destination catered to Gen Z shoppers". The funding was co-led by New Enterprise Associates (NEA) and Basis Set Ventures, plus Exor Seeds, Backend Ventures, and Andrew Ng's AI Fund. The company says the new funding comes on an earlier, $1.15 million pre-seed funding in February of 2022.

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Aristea Therapeutics Names New Board Members

socalTECH

San Diego-based Aristea Therapeutics said this week that it has named two new members to its board of directors. According to the company, it has appointed both Mark Gergen and Daniel O'Connell, M.D., Ph.D., to its Board of Directors, and Michael S. Vincent, M.D. as an observer. O'Connell represents Novo Holdings, and Vincent represents Pfizer. Gergan is the CEo of Poseida Therapeutics, and also served at Halozyme Therapeutics, Mirati Therapeutics, and Amylin Pharmaceuticals.

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LiveOne Inks Preload Deal With Consumer Electronics Company

socalTECH

Los Angeles-based streaming music, entertainment, and related technology developer LiveOne said this morning that it has inked a preload deal with consumer electronic brand TCL, where its Android application will be pre-loaded on selected TCL smartphones and tablets. Financial details of the deal were not disclosed, and the company did not say which models are covered by the deal.

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IDrive Expands To Montreal, London, Paris, and Frankfurt

socalTECH

Los Angeles-based cloud storage provider IDrive said on Wednesday that it has expanded its edge location for its storage to Montreal, London, Paris, and Frankfurt, the first in those countries. The company offers up Amazon S3 compatible cloud storage. The company said the new locations will drastically improving speeds for Canadian and European users when uploading their data. idrive montreal london paris frankfurt expansion cloud storage amazon

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Caltius Equity Partners Sells Majority Interest In Talent Systems

socalTECH

Los Angeles-based private equity investor Caltius Equity Partners said on Tuesday that it has sold the majority interest of one of its portfolio companies, Talent Systems, to another private equity company, Redbird Capital Partners. Financial details of the deal were not announced. The company said the deal closed on August 4th. Caltius Equity Partners said it helped to form Talent Systems in 2017.

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Zentap Launches Branding, Prospecting App

socalTECH

Beverly Hill-based Zentap, which develops real estate marketing software, says it has launched a new mobile app, which it says helps real estate agents build their brand and generate new prospects. The company said the new Zentap Mobile app is free and runs on Android and iOS. The company said features included posting listing videos and flyers, open house videos, local mlarket updates, and much more. Zentap is led by CEO Betty Gabbaie. android mobile software marketing estate real zentap

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FairPlay Launches New Product For Insurance Industry

socalTECH

Los Angeles-based FairPlay says it has launched a new product, aimed at bias detection in the insurance industry. According to the company, its new product, Input Intelligence, will help insurance companies review their data for bias, ensuring they are not proxies for protected characteristics such as race or gender.

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Snap to Pay $35M In Biometrics Lawsuit

socalTECH

Venice, California-based Snap has been ordered to pay $35M in a settlement over how the company used biometric data, according to the Chicago Tribune, after a class action lawsuit. According to the report, Snapchat's filters and lenses violated the very strict Illinois Biometric Information Privacy Act (BIPA) by collecting and storing biometric data without users' consent.

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Faraday Future Concept Car To Show Up, Virtually, In Racing Game

socalTECH

You may not be able to actually purchase and drive one, but, according to Faraday Future, its FFZERO1 concept car will be available in a popular, mobile racing game from Gameloft. According to Faraday Future, its FFZERO1 concept car will be featured inside Asphalt 8, a highly downloaded mobile racing game, as well as the upcoming Asphalt 9 release. Financial details of the partnership were not announced.

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Source BioScience Launches Sequencing Service In San Diego

socalTECH

Source BioScience, a provider of laboratory services, said it is launching a genomic sequencing service in San Diego. Source BioScience which currently provides genomic services in the UK and Ireland--said it will support life science researchers in the California with genomic services, serving biotechnology, pharmaceutical and research organizations in California and neighboring states.

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New Warner Bros. Game Hits 20M Players

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Burbank-based Warner Bros. Games says its new game, MultiVersus, a free-to-play game that runs on PlayStation 5 and PlayStation 4 consoles, Xbox Series X|S, Xbox One consoles and PC, has surpassed 20 million players. The company said it launched its open beta of the game on July 26th. MultiVersus was developed by Los Angeles-based Player First Games. warner brothers games playstation xbox

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Shield AI Names CFO

socalTECH

San Diego-based Shield AI, a defense technology companies that develops artificial intelligence piloting software for the defense industry, said Monday that it has named Francois Chadwick as the company's Chief Financial Officer. According to the company, Chadwick has more than 30 years of financial experience, and has served at such companies at Uber, KPMG, and Volta. Shield AI is backed by Disruptive, Point72 Ventures, Breyer Capital, and Andreessen Horowitz, and has raised more than $210M.

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Chamberlain Coffee Finds $7M For Coffee Brand

socalTECH

Los Angeles-based Chamberlain Coffee, an online coffee brand which was created by Youtube star Emma Chamberlain, has raised $7M in a Series A funding round. The funding came from Blazar Capital, Ole Kristoffersen and Steen Skallebaek (Founders of Ole & Steen / Lagkagehuset), Brandon Brown (Founder of Grin), Nik Sharma, and Ken Sadowsky. According to the company, the funding round will go support its brand growth.

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CurbWaste Raises $6M In Seed Funding

socalTECH

CurbWaste, a startup developing software to help waste services companies streamline their operations, said today that it has raised $6M in a seed funding round. The funding was led by B Capital, and also included Mucker Capital. CurbWaste is based in New York, but has its West Coast headquarters in Santa Monica. The company's CEO is Mike Marmo. CurbWaste says it has now raised $7.2M in funding.

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Viasat Wins $99M Order

socalTECH

Carlsbad-based satellite communications provider Viasat said this morning that it has won a $99M order, from the U.S. Naval Information Warfare Systems Command (NAVWAR). According to the company, the order comes for military tactical radios. The company said the order for Multifunctional Information Distribution System (MIDS) Joint Tactical Radio System (JTRS) terminals came during its Q2 FY23. viasat military communications order navwar satellite

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dataplor Expands Data Set

socalTECH

Manhattan Beach-based a href="[link] a provider of location-based data, says it has expanded its data to cover 100 countries and 150 million points of interest. The company--which said it started in 2017 to map local businesses in Mexico--says its goal is to provide accurate POI data in developing economies. dataplor dataset point interest location data mexico international

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Flossy Finds $14.7M For Discounted Dental Care

socalTECH

Los Angeles-based Flossy, which provides a membership-based program for dental care for people without insurance, said last week that it has raised $14.7M in a Series A funding round. The funding was led by TTV Capital, and also included Slow Ventures, 8VC and Clocktower Technology Ventures. The company said its o investors include SV Angel and the founders of Carbon Health, Flatiron Health, Modern Animal, FabFitFun, GOAT, Tradesy and others.

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Karma Automotive Sues DeLorean Over Trade Secrets

socalTECH

The latest incarnation of Irvine-based Karma Automotive has sued the newest incarnation of DeLorean, alleging DeLorean stole its trade secrets. The lawsuit apparently stems from a discussion between DeLorean Motors Imagined, which owns the branding rights to the original DeLorean Motor Company, and Karma Automotive, over building an EV-version of the iconic DeLorean sedan. Both Karma and DeLorean are working on electric vehicles. delorean karma automotive auto electric vehicle

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