Sat.Apr 09, 2016 - Fri.Apr 15, 2016

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How to Avoid Being Disrupted as a VC

Both Sides of the Table

My partner Greg Bettinelli (worth following on Twitter) was recently named by The LA Business Journal as the “ Top deal maker in Los Angeles in Venture Capital.” Numero uno. I was nowhere to be found. And that’s a true reflection of just how successful and prolific Greg has been in LA. In a world that is hyper competitive – even amongst VCs – I can honestly say that not only is the media recognition accurate but it is amongst the proudest days I’ve had in dev

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Gatsby: Tackling Shopping Cart Abandonment With Social Sharing

socalTECH

How do you help online brand owners both reduce the abandonment of a shopping cart by online shoppers�and also get the word out about their brands? Los Angeles-based Gatsby (www.thinkgatsby.com) has come up with a way to combine both ways to promote social sharing, as well as reduce shopping cart abandonment, via discounts which change depending on your social influence and sharing activity.

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Avoid Hiring Victims – Look For These 5 Red Flags

InfoChachkie

A version of this article previously appeared in Forbes. We’ve all met them. The world’s out to get them. Every boss, coworker and subordinate is scheming to assure their demise. Setbacks are never their fault. They are a victim. Victims are bad enough in our personal lives, but they can be especially disastrous at a startup because a small company’s culture can be disproportionately poisoned by a single bad hire.

Sales 148
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Leadership: Sell the dream; Make the reality.

Berkonomics

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all of your stakeholders. And that includes potential customers as well as executives and employees. Sometimes growth happens without a leader envisioning it, living it daily, evangelizing it to anyone who will listen.

Education 139
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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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How to Avoid Being Disrupted as a VC

Both Sides of the Table

My partner Greg Bettinelli (worth following on Twitter) was recently named by The LA Business Journal as the “Top deal maker in Los Angeles… Continue reading on Medium »

Journal 152
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Demand Media Unloads Cracked For $39M

socalTECH

Santa Monica-based Demand Media has sold Cracked , its online humor site, to the E.W. Scripps Company , in a deal worth $39M in cash, the companies said late Tuesday. According to Demand Media, the move will give it a "more focused portfolio of businesses", and also "significantly" strengthen its balance sheet. Demand Media acquired Cracked in 2007.

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More Trending

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Move Over Kim Kardashian | Sophia, The Robot Is The New It Girl

Tech Zulu Event

With over 150,000 people drawn to Austin in this year’s SXSW only one was crowned as one of the most photographed woman in the festival. Nope it wasn’t selfie queen Kim K. West, it wasn’t even the first lady, Michelle Obama, who graced the stage as a keynote speaker, actually it wasn’t even a human being. The title goes to Sophia, the beautiful and brilliant humanoid robot created by Hanson Robotics.

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Understanding the Rich Tapestry of American Culture as Experienced Through Food

Both Sides of the Table

Like many immigrant families and many Jewish families I grew up around a kitchen table, often outside my house and experiencing food… Continue reading on Medium »

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Jacobs Buys Cybersecurity Firm The Van Dyke Technology Group

socalTECH

Pasadena-based engineering firm Jacobs Engineering Group said Tuesday that it has acquired The Van Dyke Technology Group , a 180-person cybersecurity firm. Financial details of the acquisition were not announced. The Van Dyke Technology Group is based in Maryland, and provides its cybersecurity services for the U.S. Intelligence Community and for classified government networks.

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Too Many Bells and Whistles Will Not Sell a Product

Startup Professionals Musings

Technical entrepreneurs love to compare the number of features in their product to competitors, and they love to keep adding features -- just because they can. Unfortunately, this approach often turns off mainstream customers, who find the result hard to use. Even worse, this “feature creep” often makes the final product late to market, sluggish and more expensive than competition.

Product 61
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3 Amazon Hacks That Will Save You Money

Tech Zulu Event

Where do you go if you want to buy a bumper pack of Fujifilm Instant Film, a latex sports girdle, or party game Cards Against Humanity? These are, in fact, some of the best sellers on the world’s leading e-commerce site, Amazon. While this might reveal some concerning societal shopping habits, you can’t deny that Amazon offers a huge number of products and some of the best discounts around.

Pricing 40
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The Greatest Strength of America is Immigration and Integration

Both Sides of the Table

Like many immigrant families and many Jewish families I grew up around a kitchen table, often outside my house and experiencing food, culture, life and other people through meals. I remember fondly my dad (from Colombia) wanting to eat out of the house and experience the best multi-cultural foods one could actually find in middle-class, suburban Sacramento in the 70s & 80s.

Guide 178
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Ticketmaster To Sell Tickets Via Facebook

socalTECH

West Hollywood-based Ticketmaster is getting set to start selling tickets directly within Facebook by the end of the month, according to reports. The company said the move will provide a more seamless purchase experience , and ultimately sell more tickets, particularly around events. READ MORE>>.

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7 Reasons For Startups To Maximize Early Visibility

Startup Professionals Musings

It’s still popular these days for startup founders to operate in stealth mode, meaning no details about the idea or progress are shared with anyone until the big reveal and rollout. The common reason given is that this prevents any competitor from stealing their idea and beating them to market. In my view, this paranoid approach costs them much more than the risk of being open.

Startup 60
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Great times tonight! Huge thanks to @pogoseat @lagalaxy @aegworldwide! #SundayFunday #weekendwarrior [Flickr]

Tech Zulu Event

techzulu posted a photo: via Instagram bit.ly/1NjolHo.

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Velocify Rolls Out New Sales Prospecting Tool

socalTECH

Los Angeles-based Velocify , the developer of leads management and sales software, has rolled out a new tool call SalesCaddy. According to Velocify, the new tool uses social and professional networks to help its users discover and convert potential buyers. Velocify said the tool includes two features--implemented as browser plugins--SocialCaddy and MailCaddy.

Tool 116
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SpaceX Dragon Successfully Arrives At ISS

socalTECH

The SpaceX Dragon spacecraft has successfully mated to the International Space Station's Harmony module on Sunday, at 9:57 a.m. EDT, after a successful launch into space of the SpaceX Falcon 9 on Friday. According to NASA, the Dragon is delivering around 7,000 pounds of material for science and research investigations for its Expedition 47 mission, including a new, inflatable activity module from Bigelow Aerospace.

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Ponder, Backed by Tinder Founders, Launches Photo, Video Sharing App

socalTECH

Los Angeles-based Ponder , a new startup backed by Tinder founders Sean Rad and Justin Mateen, along with Mark Cuban and Greylock Partners, has launched a new photo and video sharing app. The new app applies the swipe left-and-right ethos of Tinder to photos and videos, letting users "push" or "pass" on any photo and video to match users up to other people with similar tastes.

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Former Surf Air Founder's New Flight Startup, Beacon, Shuts Down

socalTECH

Beacon , the new, all-you-can fly startup led by former Surf Air founder Wade Eyerly, has shut down, after burning through all of its cash--and never getting off the ground. According to a report from TechCrunch, Beacon apparently was unable to cover all of its expenses as it ramped up its operations, having relied on "pre-selling" spots on its all-you-can-fly service--but finding that most of those people who had paid a deposit to reserve a spot on the airline were unwilling to sign up for its

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Lieberman Software Teams With FireEye

socalTECH

Los Angeles-based cybersecurity software developer LIeberman Software said this week that it has partnered with FireEye , to better respond to data breaches and threats. According to the company, its new integration triggers rapid, real time credential rotation for systems, whenever a cyber threat is identified, making it more difficult for attackers to gain access to systems.

Software 109
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Glaukos Co-founder Retiring From Board

socalTECH

Laguna Hills-based medical device developer Glaukos Corporation reported late Thursday that co-founder Olav Bergheim is retiring from its board of directors. Bergheim has been a member of the company's board of directors since he co-founded Glaukos in 1998. Glaukos said Bergheim will remain on the board for the remainder of his term, which runs until June 2nd.

Report 109
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Nativo Snags Google Vet As VP of Product

socalTECH

Los Angeles-based native advertising technology developer Nativo said this week that it has named Eugene Cherny, a former Google executive, as its new Vice President of Product. Nativo said that Cherny was previously manger of Google's TrueView In-display product, a native ad unit used on YouTube and Google. Nativo is led by Justin Choi, and venture backed by Greycroft Partners, Signia Ventures, Bertelsmann Digital Media Investment, and e.ventures.

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Sysrepublic Acquired By Appriss

socalTECH

Torrance-based Sysrepublic , a developer of analytics software used by retailers to reduce shrinkage and returns fraud, has been acquired by Kentucky-based Appriss. Financial terms of the acquisition were not disclosed. Appriss said it will merge Sysrepublic into its retail division, The Retail Equation, focused on retail exception-based reporting and return fraud solutions.

Torrance 109
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Illumina Creates New, $100M Venture Fund

socalTECH

San Diego-based life sciences equipment maker Illumina has created a new, $100M venture capital fund, the company said Thursday afternoon, which will focus on investments in early stage companies that are pioneering new applications of nucleic acid sequencing, developing products that will expand the genomics ecosystem, and utilizing genomics to improve human health.

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Mysterious Faraday Future Announces $1 Billion Factory In Vegas

socalTECH

Los Angeles-based Faraday Future , the stealthy electric automobile company backed by a Chinese billionaire, broke ground on what it said will be a $1 billion facility in North Las Vegas on Wednesday, which it says it will use to build its yet-to-be-announced production vehicles. In an echo of Tesla Motors, the company said it will be using solar, wind, and geo-thermal energy to power its "environmentally conscious endeavor", and that it will use "sustainably sourced parts" to build its producti

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Nimble Connects With Google Apps

socalTECH

Santa Monica-based customer relationship management and contact management software developer Nimble said today that it has connected into Google Apps for Work, via the Google for Work Partner Program. According to Nimble, the company said it has bundled Google Apps for Work with Nimble , automatically using information from Gmail, Contacts, Calendar, and Drie to helps support sales and marketing efforts for companies.

Google 109
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BeBop Technology Expands Into Canada, Europe

socalTECH

Los Angeles-based cloud software developer BeBop Technology , which provides software for the media and entertainment industry, said today that it has expanded its operations in both Canada and Europe. The company said it has opened up a sales and support office in Vancouver, California; opened up a data center in Ireland; and tied with a British company, BASE Media Cloud, in London.

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mPulse Mobile Ups Funding To $13M

socalTECH

Los Angeles-based mPulse Mobile , which develops mobile healthcare software, has upped its recent funding round to $13M. The company--which announced the first tranche of a Series A in January, worth $10M--said the new funding came from Cambia Health Solutions and Rincon Venture Partners. The first tranche came from HLM Venture Partners, OCA Ventures, Merrick Ventures and Jumpstart Ventures. mPulse Mobile is led by Chris Nicholson, and develops software to help remind people about appointments,

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LRES Buys InsideValuation

socalTECH

Orange, California-based LRES , a provider of real estate appraisal management and property valuation services and technology, said Wednesday that it has acquired InsideValuation , a company providing commercial and residential property evalutaions. Financial terms of the acquisition were not announced. InsideValuatio nwas based in Reno, Nevada. READ MORE>>.

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CoreLogic Swizzles CFO

socalTECH

Irvine-based property information provider CoreLogic has named a new CFO, saying that it has appointed James L. Balas to its top finance position. Balas had been serving as Senior Vice President Finance, Controller, and Principal Accounting Officer at CoreLogic since 2012, and had been at the company since March of 2011. Balas replaces former CFO Frank Martell, who had been CFO since August of 2011.

Company 109
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Experian Expands In San Diego

socalTECH

Experian said Tuesday afternoon that it is expanding in San Diego, and has opened up a new data and innovation lab in the city to help focused on advanced data analysis processes, research and development. According to Experian, San Diego has become a "hot bed for data scientists", and that it "couldn't find a better place" in the United States for an environment for its data scientists.

San Diego 109
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Maxwell Technologies Sells Microelectronics Product Line

socalTECH

San Diego-based Maxwell Technologies has sold off its microelectronics product line, in a deal worth $21M in cash, the company said Tuesday. Maxwell said it is selling its microelectronics product line to Data Device Corporation, a subsidiary of ILC Industries; the deal includes all assets and certain liabities related to that line of products. Maxwell Technologies is a developer of energy storage devices based on ultracapacitors.

Product 109
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Teledyne Buys Quantum Data

socalTECH

Thousand Oaks-based Teledyne Technologies announced this morning that it has acquired the assets of Quantum Data , a provider of electronic test and measurement instrumentation, particularly in the area of video protocol analysis. Financial details of the transaction were not announced. Quantum Data is base in Elgin, Illinois, and will join Teledyne's test and measurement subsidiary, Teledyne LeCroy.

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Fandango Rolling Out Movie Ticketing Bot For Facebook

socalTECH

Los Angeles-based movie ticketing site Fandango has jumped on the Facebook bot bandwagon, saying Tuesday at Facebook's F8 conference that it will be launching its own, Fandango bot, which will book movie tickets via Facebook Messenger. Fandango said its bot will provide access to movie information, trailers, show times, advance ticketing, and more from mobile devices.

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XPRIZE Foundation Names New CEO

socalTECH

Los Angeles-based XPRIZE Foundation , which has been running a series of grand challenges aimed at spurring solutions to some of the world's toughest problems, said today that it has named Marcus Shingles as its new Chief Executive Officer. Former CEO and founder Peter Diamandis remains as Chairman of the company. Shingles was most recently part of Deloitte Consulting's Innovation Group, and also previously served at Kellogg Company, Ernst & Young LLP, and as a startup founder.

IBM 109
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Green Dot Names Three Board Directors

socalTECH

Pasadena-based Green Dot says it has named three, new, independent directors to its board of directors late Monday. According to Green Dot, it has named J. Chris Brewster, Rajeev V. Date and William I. Jacobs, with non-independent director Samuel Altman--president of Y Combinator--stepping down from the board. Green Dot says it now has ten directors of the company, with nine independent directors.

Pasadena 109