Sat.Aug 12, 2017 - Fri.Aug 18, 2017

German Grocer Aldi Partners with Instacart to Offer Delivery in L.A.

L.A. Business Journal

The stakes of the grocery delivery wars have just been raised. German discount grocer Aldi Inc. announced Monday that it plans to debut a grocery delivery service through Instacart in Los Angeles, Dallas and Atlanta later this month. Aldi, which mainly sells products with its own label, has almost 1,700 stores in 35 states, according to a press release. About 15 of its stores are in L.A. County

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Beachbody Snags CIO From Red Bull


Santa Monica-based health and fitness company Beachbody says it has named Bryan Muehlberger as the company's new Chief Information Officer. Muehlberger joins the company from Red Bull North America, where he was Chief Information Officer and Vice President of Information Technology. According to Beachbody, Muehlberger will lead its Enterprise Technology team, reporting to President and COO Robert Gifford.

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Expanding Tissue and Squeezing Cells: Meet Xconomy’s Young Innovator Award Finalists


View the Slideshow The finalists in the Young Innovator category of the 2017 Xconomy Awards show that it’s never too early in life to start a company or invent a new technology.

4 Tools to Help Startups Find Quality Leads


Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. A study in 2013 showed that 61 percent of marketers found it hard to generate high-quality leads.

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What Do Boards Actually Do?

Both Sides of the Table

There’s a lot of mystique about what happens at board meetings and a lot of imagined board-room drama. I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders.

Silicon Beach Report Aug. 16: Tronc and Investor’s Business Daily to Launch Paid Newsletter on Mutual Funds.

L.A. Business Journal

Tronc and Investor’s Business Daily to launch paid newsletter on mutual funds, Apple co-founder Steve Wozniak joins Mojiit as advisor and retail inventory software company NuOrder raises $8 million

Mojiit Adds Apple Co-Founder Wozniak As Advisor


Los Angeles-based emoji startup Mojiit said on Wednesday that it has added Apple co-founder Steve Wozniak as an advisor to the company. Mojiiit--which has yet to launch its product--says it is developing 3D "hologram emojis" which can be projected and shared via smartphone. The startup is led by Jeremy Greene. According to Mojiit, the Woz w‎ill help the company assemble its engineering team, as well as bring in new investors and partnerships.

Private Equity Investors Have $740 Billion to Spend, Driving Valuations


Private equity investors have more capital at their disposal than at any time in more than a decade, which could boost prices for companies seeking acquisitions. As of Aug. 1, private equity firms in North America and Europe had secured $212.6 billion in new commitments this year, on pace to eclipse the “already stellar” fundraising year they had in 2016, according to a new report and analysis out Thursday from Seattle-based PitchBook.

Finding My Tribe — The Upside of the Downcast Year

Both Sides of the Table

It’s been a tough year globally. Many feel the division in our families and societies. It has been heart-breaking to see progress reversed and social & racial tensions exacerbated unnecessarily.

Silicon Beach Report Aug. 15: City of Los Angeles Launches Cyberattack Warning Center

L.A. Business Journal

City of Los Angeles launches cyberattack warning center, US government demands details on visitors to anti-Trump website hosted by DreamHost, and UCLA Extension creates Innovation Lab program


MarketCast Buys Fizziology


Los Angeles-based market research provider MarketCast said on Monday that it has acquired Fizziology , a software developer focused on social insights and analytics for the media and entertainment industry. Financial terms of the acquisition were not announced. Fizziology's software uses social media sites (Twitter, Facebook, Instagram, Sina Weibo, etc.) and converts it into data and insights used by motion pictures studios, television networks, production companies, and more.

Dragonfly, eGenesis, Spero & More: Xconomy’s Startup Award Finalists


Startups play a critical role in the innovation economy that we chronicle at Xconomy—transforming new ideas that begin in a lab into the products and companies of tomorrow. No surprise, then, that the startup category in our first-ever Awards program was a particularly competitive one, loaded with private companies (no more than 5 years old) in several biotech hotspots: gene editing, microbiome research, immuno-oncology, regenerative medicine, digital health and more.

XMAS In August

SoCal Tech Calendar

Thursday, August 24, 2017 -- XMAS In August/ Get in front of LA media in one amazing night of demo's at XMAS in August. Early bird registration ends on July 13th. See [link] (more

Silicon Beach Report Aug. 14: L.A.’s MarketCast Acquires Fizziology

L.A. Business Journal

s MarketCast acquires Fizziology, SpaceX launches Falcon 9 rocket with heavy load of scientific experiments, Snapchat debuts Crowd Surf, a video-stitching feature

GoFundMe Shuts Down Campaigns For Charlottesville Suspect


In yet another instance of the technology industry taking a firm stand against the racism in Charlottesville, Virginia over the weekend, San Diego-based GoFundMe has shut down multiple crowdfunding campaigns for suspect James Fields , who is accused of driving his car into protestors over the weekend, killing one. Apparently, white supremacists and their supporters had launched multiple campaigns seeking to fund the legal costs for Fields.

Haste makes waste; but to lag is to sag.


Close. Let’s examine the relationship between time, quality and competitiveness. If you are getting the impression from these many insights that complex relationships cause simple problems, you are right. We have heard the “haste makes waste” ditty since childhood.

An evening with CTO Mixers on a Yacht with Blockchain Luminaries

SoCal Tech Calendar

Wednesday, August 23, 2017 -- An evening with CTO Mixers on a Yacht with Blockchain Luminaries. CTO Mixers. CTO Mixers is a highly curated, invite only event. Geared at C-Level and SVPs in Enterprise and high quality Startup Execs and entrepreneurs. See [link] (more

Silicon Beach Report Aug. 18: NBC's Daily Snapchat Show Reaches 29 Million Views in First Month

L.A. Business Journal

NBC's daily Snapchat show reaches 29 million views in first month, Fisker Emotion to debut at CES 2018, and Q&A with Sophia Amoruso about new startup GirlBoss Media

UCLA Extension Creates New Innovation Lab Program


UCLA Extension , the extension arm of UCLA, said today that it is launching a new, membership program called the Silicon Beach Innovation Lab , where it will look to deliver networking opportunities, hackathons, webinars to entrepreneurs and professionals.


11 Quick Tips to Get More Value out of Your Board

Both Sides of the Table

Many board meetings are bored meetings. Management teams whisk through slides trying to get through a presentation to share how great things are going and they are eager to get through the meeting so they can get back to their real jobs.

Gartner Catalyst Conference 2017

SoCal Tech Calendar

Monday, August 21, 2017 -- Gartner Catalyst Conference 2017. August 21 - 24, 2017 Built on forward-thinking Gartner for Technical Professionals (GTP) research, Gartner Catalyst Conference gives you hands-on, how-to advice and practical solutions across a broad range of technical topics.

Silicon Beach Report Aug. 17: Faraday Future May Cut Electric Car Racing Team to Save Cash

L.A. Business Journal

Faraday Future may cut electric car racing team to save cash, alt-right social media network raises $1 million on StartEngine, and X Prize extends contest to land on the Moon

SpaceX Sends Another Payload On Its Way To ISS


Los Angeles-based SpaceX has again successfully sent a payload on its way towards the International Space Station, sending the Commercial Resupply Services (CRS-12) mission into space at 12:31 p.m. EDT on Monday. The mission will deliver more than 6,500 pounds of cargo to the ISS, and is expected to stay in space for a month. SpaceX also successfully landed the first stage of the Falcon 9 rocket at Cape Canaveral.

Materia Faces Legal Challenge From German Company


Pasadena-based material science technology developer Materia appears to be facing some legal challenges in court, according to Law360. The report says that a German industrial conglomerate, Evonik Degussa GmbH , says it received a $1.5M patent infringement verdict over a chemical bond component Materia makes in January, and claims that Materia is still offering those infringing products for sale on its website. The report said the complaint was received in the Delaware federal court on Wednesday.

Kingston Digital Adds Smaller, Encrypted USB Drives


Bigger is not better--apparently--when it comes to encrypted, USB flash drives. Fountain Valley-based Kingston Digital , the flash memory arm of Kingston , said this week that it has rolled out new, smaller encrypted USB drives--specifically aimed at helping companies limit the amount of data which can be transported outside of a company's network.

Loot Crate Rolls Out Call of Duty: WWII Crate


Los Angeles-based Loot Crate , the subscription, gift box service run by Chris Davis, said on Thursday that it has partnered up with Santa Monica-based Activision to offer up a special, limited edition crate focused on the new Call of Duty: WWII title being released in November. According to Loot Crate, the "mystery crate" will feature exclusive Call of Duty: WWII themed items, including apparel, gear, and other items. Activision is releasing its new title on November 3rd.

StartEngine Used To Crowdfund Alt-Right Social Network


Los Angeles-based StartEngine is being used to help fund an alt-right, social network called GAB , started by Andrew Torba, an outspoken Trump supporter who was kicked out of Y-Combinator for harassing other YC founders, according to a report on Thursday.

Interview with Marcus Filipovich, Ocular Data Systems


Last week, Pasadena-based Ocular Data Systems ( announced a funding round from the Pasadena Angels, for its camera-based systems used by law enforcement to capture evidence in drunk or drugged driving cases. We talked with CEO Marcus Filipovich to learn more about the company and its product. What does Ocular Data Systems do?