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Four SoCal Startups That Thrived Despite--or Because Of--Economic Downturns

socalTECH

There has been a lot of worry recently in the high tech industry and from venture investors about "headwinds" in the technology market, particularly with valuations of "unicorn" companies dropping, investors shying away from investing in rounds, and even employees looking for safer jobs. billion. >.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both high tech companies and venture firms during the summer months. in investments, followed by Retail Products, at $140M, and Software, at $77.8M.

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Interview with Gabriel Halimi, Co-Founder Of Flo Technologies

socalTECH

In a bid to prevent the damage from those plumbing failures and also help save water, Los Angeles-based Flo Technologies (www.meetflo.com) has developed a water monitoring device and shutoff valve for your home, which is connected to your smartphone and its own app. Plumbers are not exactly known for their adoption of high tech products.

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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. Technology is great, but high-tech major-step-forward solutions are not the answer to all our change challenges.

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More Features Kill More Startups Than Lack of Money

Startup Professionals Musings

“Scope creep” (or feature creep) is an insidious disease that kills more good startups than any other, especially high-tech ones, and yet most founders (who may be the cause) never even see it happening. Define milestones for cost review and sign-off. Change requests must be visibly reviewed by executives frequently.

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A Startup Advisory Board Dream Team is Priceless

Startup Professionals Musings

For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive. Don't be afraid to ask people outside of your realm to serve.

Startup 95
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The Right Startup Advisory Board Has A Big Payback

Startup Professionals Musings

For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive. Don't be afraid to ask people outside of your realm to serve.

Startup 95