Sat.Apr 15, 2017 - Fri.Apr 21, 2017

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

Just over a year ago I wrote about how MakeSpace had raised $17.5 million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. I pointed out that the storage market in the US alone is ~$30 billion / year and there is no dominant provider — the largest player has < 10% market share. If you have a storage need in one of these cities please consider checking out MakeSpace.

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Could you be the next Ford, Jobs or Musk?

Berkonomics

Well, it’s a fair question. Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who find a new marketplace or niche – or how to reach the mass market in new ways. Leaders and companies that innovate new products, services and methods of delivery are the ones that stand out in a crowded business world, especially when attempting to gain recognition among the throngs of competitors visible on the web.

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Silicon Beach Report April 20: L.A. Seed Funding Falls Sharply in First Quarter

L.A. Business Journal

L.A. seed funding falls sharply in first quarter, Brian Lee and Ron Burkle-backed medical apparel Startup Jaanuu raises $5 million from retail execs, and Nasty Gal founder Sophia Amoruso’s dramatic biopic releases Friday on Netflix.

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Validated Expands In SoCal

socalTECH

Validated , a new startup which offers up a mobile app which lets consumers earn transportation credits for parking, ridesharing, mass transit, and more for dining and shopping at stores, is in an expansion to Southern California today. The company--which was just featured on Shark Tank last Friday--said it has launched in Los Angeles, San Diego, and Santa Monica, as part of a nationwide expansion beyond its home market in Seattle and Portland.

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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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Radix Collective Independent PR Summit

SoCal Tech Calendar

Thursday, April 27, 2017 -- Radix Collective Independent PR Summit. The Radix Collective Independent PR Summit is a one-day business conference created by independents for independents who want to grow their business and network with peers. Whether you call yourself freelance PR, a consultant, or have a solo-agency, the PR Summit features business topics at the core of importance to any Independent PR Pro.

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This Student Talked His Way Into Google Through Courageous Networking

InfoChachkie

A version of this article previously appeared in Forbes. Andrew Fuller (left) and Jonas Bolduan I encourage my UC Santa Barbara entrepreneurial students to err […]. The post This Student Talked His Way Into Google Through Courageous Networking appeared first on John Greathouse.

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Silicon Beach Software's Dark Castle Revived Online

socalTECH

Dark Castle , the popular 1980's video game for the Macintosh developed by San Diego's Silicon Beach Software , has been revived--this time, on the web--as part of a trove of throwback Apple Mac software products released by the Internet Archive. Users who miss the enthralling, black-and-white adventures of hero Duncan in battling the Black Knight can now play the entire game in their web browser.

Claremont 165
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Growth Capital Conference

SoCal Tech Calendar

Thursday, April 27, 2017 -- Growth Capital Conference. Network with capital sources, advisors, deal makers and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, online demos. Hot Networking Breakfast at 7:00 AM sharp!

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Smart Entrepreneurs Favor People-Centric Leadership

Startup Professionals Musings

Every business needs repeatable processes to grow and thrive, but modern business processes need the right people to make them efficient and productive. In addition, today’s customers judge a company by perceived people relationships through social media, phone conversations, and sales experiences. The right people make productive processes, not the other way around.

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L.A. Seed Funding Falls Sharply in First Quarter

L.A. Business Journal

While venture capital investment in L.A. startups rose slightly in the first quarter of 2017, seed-stage investments went in the other direction.

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FloQast Rolls Out New Analytics Software

socalTECH

Los Angeles-based financial close management software developer FloQast announced this morning that it has launched a new Close Analytics software module, which helps chief financial officers and controllers get a better view into their month-end close process. Pricing on the new software was not announced. FloQast said the new software helps organizations better understand the historical performance of their close process, understand what deadlines are being missed, and more.

Software 149
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Recurring Revenue Conference

SoCal Tech Calendar

Wednesday, April 26, 2017 -- Recurring Revenue Conference. Join local entrepreneurs, SaaS innovators, leading VCs, private equity/angel investors April 26, 2017 at the Recurring Revenue Conference (www.recurringrevenueconference.com) presented by Sutton Capital Partners. Whether you are a SaaS or subscription business, or if customer retention is critical to your success, this is the venue to attend.

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The Xconomy Roadmap: Top 15 Innovation Areas to Watch (and Disrupt)

Xconomy

View the Slideshow It is a time of great transitions in the technology and business world. Key advances in areas like machine intelligence, agriculture, and healthcare seem poised to transform society—and everyday life. But it can be hard to keep up with the latest news in fields as disparate as cybersecurity, food tech, and cancer therapeutics—let alone understand the context around these developments and how they might relate to each other.

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Telecom Firm Wilcon Acquired for $600 Million by Crown Castle Corp.

L.A. Business Journal

Crown Castle International Corp. has agreed to acquire downtown telecommunications firm Wilcon Operations for $600 million from private equity firm Pamlico Capital.

Equity 133
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Decoding The Secret To Success In Subscription Businesses: Georg Richter, OceanX

socalTECH

What's the secret to creating a profitable, successful, physical subscription based business--and to do that at the scale of large, consumer product goods (CPGs) companies? Georg Richter , CEO and founder of OceanX (www.oceanx.com), tells us how he's applying what he learned in many years of experience in direct selling, most recently as President and COO at Guthy Renker, to help large CPGs decode how to succeed in creating their own, physical subscription businesses. xWe spoke with a few compan

Startup 145
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Purpose-Driven Manufacturing

SoCal Tech Calendar

Wednesday, April 26, 2017 -- Purpose-driven manufacturing: backing up your brand with ethical and sustainable practices (MAKE IT Monthly event). Today’s consumer increasingly seeks products that they feel good about. Whether you are a purpose-driven brand or just a company with a conscience, live up to your brand promise. At this month's MAKE IT talk hosted at Califia Farms HQ, sustainability consultant and Principle Engineer Carolyn Casavan shares guidelines to implement ethical and sustainable

Education 100
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Approved Opens for Business with $1M and Digital Mortgage Platform

Xconomy

Following a six-month trial of its digital mortgage platform, San Diego-based Approved has officially launched its Web-based software for home loan applications. In a recent statement , the 20-month-old startup also said it has raised $1 million in what co-founder and CEO Andy Taylor calls a “pre-seed round.” “Our goal is to create a platform [for both lenders and borrowers] that is just as frictionless as possible,” Taylor said at the downtown EvoNexus incubator, where he has been working

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Silicon Beach Report April 18: Snap Launches Additional Augmented Reality Features for Snapchat

L.A. Business Journal

Snap launches additional augmented reality features for Snapchat, Facebook defends Snap copying strategy, says it’s just getting started, and TeleSign launches self-service APIs.

Snapchat 113
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Caltech, UCLA, UCSD Rank Highly On Tech Transfer Ranking

socalTECH

The California Insitute of Technology (Caltech), the University of California, Los Angeles (UCLA), and the University of San Diego (UCSD) have all ranked very highly on a new ranking of universities for their technology transfer efforts, issued by The Milken Insitute , the Santa Monica-based thinktank. Caltech was ranked number 9, UCLA was ranked 15, and UCSD was ranked number 20 in a ranking over over 200 universities in the United States for their efforts in developing basic research into new

UCSD 133
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SBIR/STTR Workshop

SoCal Tech Calendar

Monday, April 24, 2017 -- SBIR/STTR Workshop. TriTech SBDC and UCI's "The Cove" are working together to bring you a complimentary workshop that provides a detailed overview of the Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. Small technology based organizations are eligible to apply for the funds available under these programs.

UCI 100
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Want to Communicate Your Science? First, Step Back

Xconomy

Think for a moment about the words and phrases that life science researchers and executives use on a daily basis. I’m talking about the seemingly simple phrases like “investigational drug,” “novel target,” “immunotherapy,” “clinical trial,” “in vitro,” and “therapeutic window.” There are hundreds more. Those of us who work in life sciences are comfortable with phrases like these in our daily lives.

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Silicon Beach Report April 21: Snap Inc. Acquires GeoFilter Patent from Mobi for $7.7 Million

L.A. Business Journal

Snap Inc. acquires geofilter patent from Mobi for $7.7 Million, Hyperloop One’s Chief Marketing Officer Kimberly Salzer leaves for Ozobot, and CalTech, UCLA ranked top universities for technology transfer.

Patents 113
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Xirrus Acquired By Riverbed

socalTECH

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. Financial terms of the acquisition were not announced. Riverbed said it will continue to offer up Xirrus as a stand-alone enterprise WLAN solution. Xirrus makes high density wireless access points, which were specifically aimed at corporate campuses and other environments with a large number of wireless users.

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Caltech Entrepreneurs Forum - The Future of Startups

SoCal Tech Calendar

Saturday, April 22, 2017 -- Caltech Entrepreneurs Forum - The Future of Startups. Startups in 2027 and Beyond: Opportunities and Challenges for Entrepreneurs in the Next Decade. The event will begin with a Keynote Presentation from Preston McAfee, Chief Economist and CVP of Microsoft. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups.

CalTech 100
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“Our Son’s Fate”: Parents Fighting for Kids’ Spine Drug Eye New Data

Xconomy

Melissa Marotta pulled no punches to get her three-year-old son C.J., who has the genetic disease spinal muscular atrophy, access to nusinersen (Spinraza), the first approved drug for his condition. For months, she couldn’t schedule a treatment date at Columbia University Medical Center/New York-Presbyterian Morgan Stanley Children’s Hospital, and for much of that time, she didn’t know why.

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Silicon Beach Report April 17: Telecom Firm Wilcon Acquired for $600 Million by Crown Castle Corp.

L.A. Business Journal

Telecom firm Wilcon acquired for $600 million by Crown Castle Corp., SpaceX’s August hyperloop competition will test maximum speed, and alleged comments from Snap CEO Evan Spiegel drop stock.

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Forbes' Midas List Skips SoCal VCs, Again, But Gives Nod To Snap

socalTECH

The annual Midas List , issued by Forbes ranking the top venture capitalists, has again skipped any ranking of a Southern California venture capital firm--but credits the huge success of LA's Snap for the high rankings of eight VCs. Forbes said that Snap's IPO drove the high rankings of Ron Conway , SV Angel (#43); Tony Florence , New Enterprise Associates (#75); Mitch Lasky , Benchmark (#40); Jeremy Liew , Lightspeed Venture Partners (#32); Mary Meeker , Kleiner Perkins Caufield & Byers (#6

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Caltech Entrepreneurs Forum - The Future of Startups

SoCal Tech Calendar

Saturday, April 22, 2017 -- Caltech Entrepreneurs Forum - The Future of Startups. What is the future of Entrepreneurship? The event will begin with a Keynote Presentation from Preston McAfee, Chief Economist and CVP of Microsoft. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups.

CalTech 100
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Phoenix Shops Its Cancer Drug as Potential Alzheimer’s Treatment

Xconomy

San Antonio — George Perry, a scientist at the University of Texas at San Antonio, has long proposed that drug developers and researchers need to look earlier into the roots of Alzheimer’s disease. Over more than two decades, Perry has studied the possibility that diseases like Alzheimer’s may get their start because the body produces too many variants of oxygen, called free radicals, which cause cell damage, and not enough antioxidants to limit the damage.

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Silicon Beach Report April 19: Analyst Says Facebook Monopoly Crushing Competitors Such as Snapchat

L.A. Business Journal

Analyst says Facebook monopoly crushing competitors such as Snapchat, Hyperloop One delays testing of pod, and Jam City launches bubble shooter game based on ‘Peanuts.

Snapchat 113
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Pledgeling Launches Apple Pay Support

socalTECH

Los Angeles-based Pledgeling , which develops software-as-a-service to help brands raise money for nonprofits, said on Tuesday that it has launched support for Apple Pay, Apple's mobile payment service. Pledgeling said it is the first, US-based social enterprise and third-party platform approved by Apple to accept donations via Apple Pay. Pledgeling said it launched its Apple Pay support at a fundraiser for the American Red Cross Los Angles.

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5 Key Ingredients Make A Happy Content Entrepreneur

Startup Professionals Musings

Building a startup is hard work for low pay, it’s risky, and it requires total responsibility to make it work. Yet, many entrepreneurs are the happiest people I know. On the other hand, I know many unhappy individuals who are always partying, have minimal commitments, and little responsibility. I suspect the real parameters of happiness have eluded these people.

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Request Your Invitation to Xconomy’s Elite Napa Summit June 8-9

Xconomy

Nobel Laureate David Baltimore. Microbiome AND supercomputer pioneer Larry Smarr. Intellectual Ventures’ Nathan Myhrvold. Nicole Glaros of Techstars. These are just a few of the visionary speakers who will be headlining Xconomy’s sixth annual Napa Summit. And if you act fast to request your invitation to this special event, you can join them and an elite group of other innovators, investors, serial entrepreneurs, and technologists for this unique, conversational conference in the heart of Califo

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Rocket Firm High on New Course in Business

L.A. Business Journal

Aerojet Rocketdyne may look to pad its rocket revenue by adding satellite launch services.

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Atara Biotherapeutics Leases New Space In Thousand Oaks

socalTECH

Thousand Oaks-based Atara Biotherapeutics , which is developing treatments for patients with cancer, autoimmune and infectious disease, has leased a 90,000 square foot building in the Conejo Spectrum, according to developer SARES-REGIS Group. SARES-REGIS said the lease is the first of nine, industrial buildings it is developing at the Conejo Spectrum Business Park.

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How Future-Proof is Your Company (and Your Career)?

Startup Professionals Musings

When you are growing a business, it’s hard to find time to focus on anything but the crises of today. Yet if you don’t spend some resources preparing for the changes in the marketplace we already know about, there may be no tomorrow for your business. In my years of mentoring and advising business leaders, I find that real planning for the future always gets the short shrift.

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