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For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. In your opinion, what events, companies, or people made the biggest impact on the technology world this year? After you reach success, celebrate, and thank supporters.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's hightech community. In your opinion, what events, companies, or people made the biggest impact on the technology world this year? What was the biggest news for you/your firm this year?
Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both hightech companies and venture firms during the summer months. The largest deal in the quarter was for Dun & Bradstreet Credibility Corp.
Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's hightech community. As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. We've been posting these throughout the next two weeks.
Philz Coffee , the Silicon Valley coffee chain which has been in a massive expansion in Southern California in the last few months, announced on Tuesday a $45M Series C funding round. As part of the funding, Jim COulter and Sanjay Banker, both of TPG, join the company's board. READ MORE>>.
We've dug through our database of hightech companies, web sites, and startups and found four Southern California companies and web sites looking to cater to that adventure traveler in you. . AdventureLink is backed by Allegis Capital, Anthem Ventures, and the Mailroom Fund, and is run by adventurer Jeff Dossett. Trails.com.
So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. I heard an entrepreneur last Friday tell me that after he appeared on AngelList he had a funding frenzy with one investor whom he had never met offering to fund him after just 15 minutes on the phone.
The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a hightech hydrogen fuel cell freight project. The Port said the project has a total cost of $82,568,872, with partners providing 50.2%, or $41,446,612 in match funding.
Clearly, 2009 was not a good year, from the perspective of the technology innovation ecosystem. Technology and innovation has historically been the thing that has pulled the economy out of recessions, and I think that is especially true right now. For OCTANe to be successful, we want to see our technology ecosystem grow.
All this week, we are sharing the opinions of some of the top influencers in Southern California's hightech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. 1) Mobile web.
As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S. The approval process is long and bureaucratic.
There has been a lot of worry recently in the hightech 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. >.
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 hightech products.
Santa Monica-based Demand Media (www.demandmedia.com) has seen its share of ups and downs as one of the highest visibility technology and media companies to come out of Southern California's technology ecosystem in recent years. But now, those taking assignments have to be rated and reviewed, and have expertise in that area.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. This year ushered in the successful launch our second fund at Moonshots Capital, further validating our thesis that investing in extraordinary leadership produces exceptional companies.
There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Of course, every company needs these, in due time. You need a prototype. You need specialized equipment. Marty Zwilling.
There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Of course, every company needs these, in due time. You need a prototype. You need specialized equipment. Marty Zwilling.
There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Of course, every company needs these, in due time. You need a prototype. You need specialized equipment. Marty Zwilling.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment? We'll be posting these throughout the next two weeks.
Every early-stage startup should explore this new funding alternative. Due to the struggling economy as well, traditional individual Angel investors haven’t been able to fill the gap. VCs are finding that they don’t need the “large” funds of $100M to $500M to support a portfolio, if they focus on early-stage startups.
Every early-stage startup should explore this new funding alternative. I conclude that the genesis of this trend seems to come from several forces, including the following: Less investment capital available due to the recession. Due to the economy as well, traditional individual angel investors haven’t been able to fill the gap.
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. Later on during funding or execution, rejection can cost you your company.
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. Later on during funding or execution, rejection can cost you your company.
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.
Often times, in the world of cell phones and hightech software, you don't know the challenges throughout the process of creating a product. Every company that did try it or buy it gave rave reviews, and said that this was what they wanted. So, we decided we needed to do something to get to the right people who need the product.
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. Later on during funding or execution, rejection can cost you your company.
I continue to collect great content that is the intersection of startups, products, online and technology. The United States is now a debtor nation to China and that the bill is about to come due. These are probably the two sites where I've posted the most reviews. One out of ten of Americans are out of work.
Entrepreneurs seeking funding should emulate Addie''s efficient and focused pursuit of perfection. When securing funding, entrepreneurs must balance the desire for perfection with the urgent need to ensure the process is efficient. Google x Facebook x Amazon) + (Universal Reviews). One-liners. AngelList Differentiation.
“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.
The $30 billion trade surplus in advanced technology products that America enjoyed just one decade ago has now become a $56 billion deficit. In addition, due to Sarbanes-Oxley and other regulations, accounting costs have gone up an estimated four times for all businesses, and 2008-2009 represented the worst IPO market in forty years.
Approximately 50 executives from the worlds of technology & venture capital piled into the dining hall on June 30th to listen to Dr. Mark Drapeau speak about "innovation" and its sister topic, "STEM education." The National Science Foundation mainly funds professors to do research. government.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. Thin Line Capital successfully reached the final close of its first fund. It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment?
military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. —The U.S.
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