Sat.Apr 07, 2018 - Fri.Apr 13, 2018

What Can You Learn From Ring’s Astounding Success?

Both Sides of the Table

Many people will write the history on why Ring became an enormously successful company and why it became a real-world unicorn in a world when many startups are anointed that merely on paper.

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The city of Glendale, Calif. seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. Located at the southeastern tip of the San Fernando Valley, the Los Angeles suburb counts its biggest employers as the adhesive manufacturer Avery Dennison; the Los Angeles industrial team for the real estate developer CBRE; the International House of Pancakes; Disney Consumer Products; DreamWorks Studios; Walt Disney Animation and Univision.

USC Marshall Incubator Seeks Applications

socalTECH

The University of Southern California's Marshall Greif Incubator said on Wednesday that it is accepting application for its next class of startups, which must have at least one founder who is a student, alum, faculty or staff member of USC.

Xconomy Roadmap 2018: Top 15 Innovation Areas to Watch

Xconomy

View the Slideshow With the first quarter in the books, it’s time to step back and lay out Xconomy’s editorial map for the rest of the year.

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E-Commerce Startups Open Door to Endless Virtual Closet

Xconomy

The sharing economy is moving into our bedroom closets. We already apply this idea to transportation (Uber vs. taxi) and vacation accommodations (Airbnb vs. hotel).

Amazon Drops Price of Ring Doorbell

L.A. Business Journal

Amazon.com Inc. didn’t waste any time dropping the price of Ring Inc.’s s video doorbell to $99.99 from the prior retail price of $149.99. The announcement came on April 12 at the same time Amazon and Ring officially closed the $1 billion acquisition

Advancement of Women in STEM

SoCal Tech Calendar

Thursday, April 19, 2018 -- WITI: Advancement of Women in STEM. In an era when women are more and more prominent in fields such as business, law, and medicine - why are there so few women pursuing career in Information Technology, Engineering and Science? Our panelists for our upcoming event "Advancement in STEM" are phenomenal women who are making significant contributions to technical communities that improve and impact our society through education, entertainment, and engineering.

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Soylent Reaches Walmart

socalTECH

Los Angeles-based Soylent , the maker of the meal replacement drink of the same name, is now being being sold at Walmart , as the company extends its distribution efforts to the mainstream market. Soylent is venture backed by GV (formerly Google Ventures), Tao Capital Partners, Lerer Hippeau Ventures and Andreessen Horowitz. READ MORE>>. soylent meal replacement drink food walmart retail

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With New Data, Drug Combos, Lung Cancer Experts Scramble to Keep Pace

Xconomy

When oncologist Renato Martins finished his medical training, advanced lung cancer was almost certainly a quick death sentence. “I I knew, by name, every patient who had survived two years,” he says. Thanks in large part to the arrival of cancer immunotherapy, things are much different today.

Silicon Beach Report April 10: Poll Shows Facebook Least-Trusted Tech Company

L.A. Business Journal

Poll shows Facebook least-trusted tech company; Hulu partners with NHL; Amazon bringing Whole Foods grocery delivery to Los Angeles

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Equity and Alternative Compensation Structures for Startups with Louis Wharton at the Preccelerator

SoCal Tech Calendar

Tuesday, April 17, 2018 --.

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CoreLogic Buys a la mode technologies

socalTECH

Irvine-based CoreLogic , a provider of property information, analytics, and other related services, has acquired a la mode technologies, LLC , a developer of subscription-based software for appraisers. Financial details of the acquisition were not announced. a la mode is based in Oklahoma City, and was founded in 1985. CoreLogic said a la mode's software is used to aggregate data, imagery, and photographs for U.S.

Expectations Rise on Q1 Surge in Venture Funding; and Top 10 Deals

Xconomy

Venture capital investors poured more than $28.2 billion into U.S.

Silicon Beach Report April 13: Too Many Robots for Elon Musk

L.A. Business Journal

Too many robots for Elon Musk;SpaceX worth $25 billion; Fika Ventures pours $8 million into PullRequest

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Caltech Entrepreneurs Forum - Equity Funding

SoCal Tech Calendar

Saturday, April 14, 2018 --.

Esri Partners With Alibaba On Cloud Efforts

socalTECH

Redlands-based Esri , the developer of geographical information systems (GIS) software and related products, has inked a collaborative agreement with Chinese Internet giant Alibaba Group , via Alibaba's cloud computing arm, Alibaba Cloud. According to the two, the deal will help customers who are seeking to implement Esri technology on Alibaba Cloud. Financial details of the agreement were not announced.

No “Pink Tax”: Billie, a Shave Club for Women, Raises $6M

Xconomy

[ Corrected, 4/1/18, 4:48 p.m. See below. Billie, a direct-to-consumer seller of monthly shaving and body care products subscriptions, has raised $6 million in new funding. The New York-based startup, which launched in November, previously raised $2.5 million. This latest round of funding was led by Silverton Partners in Austin and included existing investors Female Founders Fund and Lakehouse Ventures.

Silicon Beach Report April 11: Hulu and Spotify Announce Bundle Subscription

L.A. Business Journal

Hulu and Spotify announce bundle subscription; Facebook made $40 billion in ad revenue in 2017; Snap Inc. files FCC documents for next-generation sunglasses

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Pitch Genius Workshops: Learn What Investors Want

SoCal Tech Calendar

Saturday, April 14, 2018 -- Pitch Genius Workshops: Learn What Investors Want. The purpose of this workshop is to educate you about investors, fundraising, and how to make a successful pitch. We're going deep into the investors mind to really understand how they analyze startups for investment. Through a slide-by-slide explanation of an investor pitch deck, learn what turns investors on, what turns them off, and what investors absolutely abhor when founders are pitching them.

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Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

socalTECH

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. According to the report from Amplify, 23 LA startups raised a total of $52.9M in seed funding in Q1, which was up 2.5 percent from Q1 of 2017. That said, the quarter-to-quarter results were down 21 percent from what had been an extremely robust Q4.

Bio Roundup: Lung Cancer Showdown, Gene Therapy Deals, IPO Busts

Xconomy

This weekend, cancer immunotherapy will once again take biopharma’s center stage. At one of the year’s big cancer meetings, investors, researchers, and many others will have a close eye on a group of presentations touting new lung cancer regimens that combine immunotherapies with other treatments.

CRC Buys Remaining Stake in Elk Hills Oil Field

L.A. Business Journal

California Resources Corp. has acquired the remaining surface and mineral rights to California’s largest natural gas-producing oil field from Chevron Corp., the company announced Monday

Entrepreneurs: Employment law is not on your side!

Berkonomics

Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources.

SleepScore Labs Buys Sleep.ai For Wearable Device

socalTECH

Carlsbad-based SleepScore Labs , a developer of a system for sleep improvement for consumers, announced that it has acquired Sleep.ai , a developer of a wearable that helps consumers figure out if they snore or grind their teeth when sleeping. Financial details of the buy were not announced. Sleep.ai was based in the Netherlands, and was foundedin 2014. SleepScore said that Sleep.ai

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San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

Venture capital investors sank $547.2 million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. The amount of capital invested in the San Diego area was up slightly from the $541.2 million invested during the final three months of 2017, according to Venture Monitor data. It was almost 4 percent higher than the $526.7

Silicon Beach Report April 9: Uber Acquires Jump

L.A. Business Journal

Uber acquires Jump; SPIDR raises $2.5 million; Flyr adds $1 Million

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Bird's Transportation Sector Picks Up As UBER Buys JUMP

socalTECH

The alternative-transportation services segment occupied by new Santa Monica startup Bird suddenly heated up today, after car sharing service Uber said that it has acquired JUMP Bikes --the provider of a electric bike sharing service in San Francisco. Uber reportedly paid between $100M and $200M for JUMP Bikes, which offers up dockless, electric bicycles.

EVgo Signs General Motors' Maven For Fast Charging Network

socalTECH

Los Angeles-based EVgo , which operates a network of public, electric vehicle (EV) fast charging stations, has inked a deal with General Motors and its Maven car sharing brand. According to EVgo, it will construct a nationwide, dedicated, DC fast charing network for Maven Gig Chevrolet Bolt EV drivers. The network is an extension of an ongoing pilot program that EVgo has with Maven in seven major US cities.