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.

Entrepreneurs: Employment law is not on your side!


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

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


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.

Silicon Beach Report April 12: L.A. Seed Funding up from Q1 2017

L.A. Business Journal

seed funding up from Q1 2017; Amazon drops price of Ring Doorbell; Former Sony CEO Andrew House joins KEYPR’s advisory board

HR101: Hiring, Onboarding, and Paying Employees

SoCal Tech Calendar

Thursday, April 19, 2018 -- HR101: Hiring, Onboarding, and Paying Employees. SCORE. The SCORE/Paychex seminar, HR101: Hiring, Onboarding, and Paying Employees, helps entrepreneurs select and develop productive and engaged employees. See [link] (more

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KEYPR Boosts Advisory Board


Los Angeles-based KEYPR , the venture-backed startup developing hospitality technology, says that it has added the former CEO of Sony Interactive Entertainment, Andrew House, to its Advisory Board. House worked on the Sony PlayStation 4 and the PlayStation Network. KEYPR is backed by Karlani Capital, plus a number of hospitality industry executives. The company develops a mobile guest app, digital key, in-room tablet, and other hotel management systems. The company is led by Robert Stevenson.

Amazon Drops Price of Ring Doorbell

L.A. Business Journal 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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With New Data, Drug Combos, Lung Cancer Experts Scramble to Keep Pace


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.

Soylent Reaches Walmart


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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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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E-Commerce Startups Open Door to Endless Virtual Closet


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).

CoreLogic Buys a la mode technologies


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.

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 --.

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


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

Esri Partners With Alibaba On Cloud Efforts


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.

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


[ 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.

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


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.

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

SleepScore Labs Buys For Wearable Device


Carlsbad-based SleepScore Labs , a developer of a system for sleep improvement for consumers, announced that it has acquired , 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. was based in the Netherlands, and was foundedin 2014. SleepScore said that

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Bird's Transportation Sector Picks Up As UBER Buys JUMP


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


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.

GNARBOX Launches Kickstarter Campaign For Second Gen Storage Device


Santa Monica-based GNARBOX --the maker of the popular Gnarbox rugged backup device used for backing up digital camera photos and videos--has launched a new crowdfunding effort for its second generation device, the GNARBOX 2.0 The company said the new device includes Dropbox integration, new mobile apps for field backup, previews of RAW photos, among several other features. The company said the new device will ship in December of 2018.

Report: Zuma Launch Failure Not Due To SpaceX


Hawthorne-based SpaceX is not to blame for the reported failure of the super-secret "Zuma" government payload, according to a report today from the WSJ. According to the report--citing "people familiar with the details"--the second stage of the SpaceX rocket failed to separate from the Zuma payload, but that failure was a result of issues with a design by defense contractor Northrop Grumman Corp. SpaceX sent the super secret payload into space in January from Florida.

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Fika Ventures Backs PullRequest In $8M Funding


Los Angeles-based venture investor Fika Ventures is part of a number of investors which backed code review services provider PullRequest this week, in a $8M Series A funding. PullRequest--which is based in Austin, Texas--said the funding was Google Gradient Ventures, and also included Y Combinator, Fika Ventures, Lynett Capital and Defy Partners. Fika Ventures is a relatively new, $40M venture capital fund run by Tx Zhou, Eva Ho, and Arteen Arabshahi. READ MORE>>.

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