2022

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. It wasn’t always like this and frankly it took a lot of joy out of the industry for me personally. What happened?

LAMP 465
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The best advice startups will never follow

Berkonomics

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later.

Startup 317
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Trending Sources

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Fintech Launches Crypto Bank Account for Hispanics

L.A. Business Journal

A West Hollywood-based fintech announced the launch of a banking program Dec. 20 aimed at building Hispanic wealth through stakes in the crypto sector

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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

America’s favorite reality star is leveling up her repertoire and levering up businesses. Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor.

Equity 303
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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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Fabric Gets $4M For Augmented Reality Platform For Live Events

socalTECH

Los Angeles-based Fabric has raised $4M for an effort to bring augmented reality to live events, according to the company. According to Fabric, the funding was led by Sapir Venture Partners, and also includes an earlier $1.9M seed that was led by Sapir. The startup says it is developing an immersive platform which brings "social, gaming, blockchain, and augmented reality experiences in real-time" to enhance live events, activities, and locations.

Platform 250
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5 Keys To Satisfaction When Starting A New Business

Startup Professionals Musings

According to a classic Gallup survey , job satisfaction for employees has reached an all-time low. Only 13 percent of workers are fully engaged in their job. The sad part is that it seems to be getting worse, rather than better. One alternative is to become an entrepreneur.

More Trending

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LINK Agency: Utilizing TikTok to Skyrocket Brand Awareness

StartUp Beat

One could say that 2021 taught us many things, but it could be argued that one of its most interesting lessons was how valuable the art of going viral is—giving people the capacity to reach millions from their at-home wifi […].

News 104
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Last 1st Mondays of 2022 – Full Recap

Startup San Diego

The post Last 1st Mondays of 2022 – Full Recap appeared first on Startup San Diego. Startup News

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like.

Marketing 416
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OK. Let’s AMPLIFY your three levels of leadership.

Berkonomics

Another leadership development bit? But if you have no time or are impatient, here are the three levels: visionary, strategic and tactical. Skip or stay with me; but think about your balance in your leadership methods either way. The conundrum of competing needs.

Metrics 293
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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

Photo by Scott Clark for Upfront Ventures (no, Evan is not standing on a box) Last year marked the 25th anniversary for Upfront Ventures and what a year it was. 2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth.

Writing 408
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Clean Tech Startup Mote Unveils Plans for $100M Carbon Capture Plant

L.A. Business Journal

There’s a new local entrant in the global decarbonization race: Culver City-based cleantech startup Mote Inc

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Down bad

TechCrunch LA

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. crash redux.

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How the myth of the ‘girlboss’ harms emerging women in tech

TechCrunch LA

On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life.

Netflix 281
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Stellar Pizza Snags $16.5M For Robotic Pizza Trucks

socalTECH

Los Angeles-based Stellar Pizza, which is developing robotic, pizza delivery trucks--currently being tested at UCLA--has raised $16.5M in a funding round, the company said last week. The funding was led by Marcy Venture Partners, the venture capital firm founded by Jay-Z, and also included Savage x Fenty, the clothing brand run by Rihanna. Stellar Pizza was founded by three former SpaceX engineers, and is led by CEO Benson Tsai. stellar pizza robot robotic delivery jayz robotics venture capital

UCLA 214
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5 Tactics To Minimize Meeting Time And Get More Done

Startup Professionals Musings

If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring.

Mentor 151
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TikTok Hopes Startups Can Breathe Life Into Its Shopping Struggles

Tech.Co

TikTok is struggling to make a dent in the world of US and European ecommerce , and has now enlisted the help of a number of startups to try and reverse that trend and bring the Live Shopping craze sweeping Asia to other markets.

Commerce 146
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Atlas Navi: The First AI Navigation App

StartUp Beat

Rising traffic is an inescapable condition in cities across the world, from Los Angeles to Tokyo. Peak-hour traffic congestion is an inherent result of the way modern societies operate. Every person hates this congestion, and it keeps getting worse, in […].

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12 Companies Selected for this Year’s Startup Incubator Program

Startup San Diego

The post 12 Companies Selected for this Year’s Startup Incubator Program appeared first on Startup San Diego. Startup News

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Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in VC money and plenty of hype , the future that micromobility companies promised still hasn’t quite arrived.

San Pedro 261
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How to avoid “death by meeting.”

Berkonomics

Zoom, Teams, phone, or in person? Imagine yourself with a calendar requiring you to be in six meetings in a day. Day after day. It doesn’t matter whether you’re required to be there in person or virtually, you get worn out after a few of these.

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Solar Energy Company Heliogen Set for New Year’s Eve Debut on NYSE

L.A. Business Journal

As the clock was running out on 2021, L.A. County was poised to get another publicly traded company: Pasadena-based solar technology firm Heliogen Inc

Pasadena 278
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MEDU takes in $4M to develop reusable personal protective equipment

TechCrunch LA

In otherwise normal times, hospitals generate more than 5 million tons of waste each year, according to Greenhealth.

Develop 262
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Aero raises $65M for its semi-private airline

TechCrunch LA

Aero Technologies , which describes itself as a “next-generation air travel company” which currently operates on a limited number of routes in the U.S.

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Simplify your commission structure. Please.

Berkonomics

Is your commission structure so complex that even you must have help understanding it – and calculating a commission on a pending bid? Salespeople are incentivized by the money. Of course. They usually can calculate what’s in it for them before they make the final presentation and ask for the order.

Sales 177
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Beyond Meat COO Reportedly Arrested Over Biting Incident

socalTECH

The Chief Operating Officer (COO) of El Segundo, California-based Beyond Meat has reportedly been arrested for biting a man's nose, according to Arkansas news reports. Doug Ramsey, was appointed COO of Beyond Meat in December of 2021, and previously had been an executive at Tyson Foods. beyond meat executive beyondmeat food arrest crime

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8 Types of Aspiring Entrepreneurs Who Will Not Start

Startup Professionals Musings

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.”

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US Postal Service Launches Next-Day Shipping for Local Businesses

Tech.Co

Do you run a small business that ships products locally? You're in luck. The US Postal Service has just launched a delivery service for you.

Services 154
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Curling Center Reflects Vernon’s Push to Grow Beyond Industrial Reputation

L.A. Business Journal

Peter Dohm’s list of top places to build an ice curling facility in 2019 did not include Vernon

Vernon 264
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Playhouse is TikTok meets Zillow for the next generation of homeowners

TechCrunch LA

We’re all guilty of it: sometimes, even when we’re not looking to move, it’s fun to look at home listings on Zillow just to see what’s out there. If that sounds weird to you… I don’t blame you, but I also recommend watching more HGTV.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch LA

Many grocery delivery startups begin small, in one city, building up locations to cater to a certain neighborhood. Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc.

Funding 246
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! Last week, we talked about about the “de-stonkifying” of the market. This week, we’re looking at a wounded Facebook/Meta that finds itself backed into a corner.

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Long Beach Airport Begins Work on $25M Taxiway Improvement Project

L.A. Business Journal

Construction began earlier this month on a $25 million project to reconstruct a major taxiway at Long Beach Airport, according to an announcement from city of Long Beach, which runs the airport

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UCLA Spinout Concrete-AI Closes $2M Seed Round for Concrete Efficiency Platform

L.A. Business Journal

Westwood-based Concrete-AI Inc., a UCLA spinout with technology to enable more efficient use of concrete, announced January 13th that it has raised $2 million in a seed financing round led by Boston-based Grantham Foundation for the Protection of the Environment

UCLA 245
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Edison Moves Forward With $1.2B Battery Storage Contract

L.A. Business Journal

Last month, Southern California Edison, the electric utility subsidiary of Rosemead-based Edison International, announced two major moves to reduce reliance on greenhouse gases (GHG

Rosemead 243
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Clues: How to think like a growth CEO

Berkonomics

Growth CEOs differ from those who merely station–keep their way into the status quo, protecting the enterprise by reducing risk and cost – without creating a vision and action plan for growth. Here is how to test yourself.

Framework 156