October, 2021

The four rules for motivating your employees with money.

Berkonomics

We’ve debated this one forever it seems. Should be overwhelm prospective employees with stock options and perks? Or concentrate our available resources on just plain money as an attraction?

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Cadiz Shares Plunge as Company Reconfigures Water Transfer Plan

L.A. Business Journal

It’s been a rough and perplexing six weeks for shareholders of downtown-based water infrastructure development company Cadiz Inc

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Netflix employees stage a trans solidarity walkout, pose list of demands

TechCrunch LA

Netflix employees staged a walkout yesterday in response to the company’s handling of a Dave Chappelle special that premiered on October 5. At the same time, Los Angeles-based trans activist Ashlee Marie Preston hosted a rally in solidarity with Netflix workers participating in the walkout.

The Boring Company Gets Nod On Las Vegas Transportation System

socalTECH

Los Angeles-based The Boring Company has just received approval from Clark County, Nevada, for its plans to create an underground transportation system that will connect the Las Vegas Strip, Allegiant Stadium, and the University of Nevada, Las Vegas. The project is expected to stretch 29 miles and will have 51 stations. vegas boring company underground transportation tesla elon musk tunnel

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.

7 Tips To Raise Your Entrepreneur Instincts In School

Startup Professionals Musings

A popular myth these days is that finishing college only dilutes your entrepreneurial instincts, and the best of the best, including Bill Gates, Steve Jobs and Mark Zuckerberg, dropped out early to hasten their success. I agree with Robert E.

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Local tech entrepreneurs, investors share what it takes to make it during San Diego Startup Month

Startup San Diego

The post Local tech entrepreneurs, investors share what it takes to make it during San Diego Startup Month appeared first on Startup San Diego. Startup News

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Rocket Lab Acquires Advanced Solutions for $40 Million

L.A. Business Journal

The acquisition will strengthen Rocket Lab’s space systems portfolio and gives it a presence in Colorado, which has a large aerospace economy

Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M

TechCrunch LA

Women have made great inroads into the tech world in recent years, but there remains a long way to go before we reach a truly equitable state of affairs in workforce numbers, remuneration and product development.

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Jurny Finds $9.5M For Property, Guest Management

socalTECH

Los Angeles-based Jurny, a developer of software used by independent hotels and vacation and short-term rental property operators for property and guest management, has raised $9.5M in a funding round. The funding was led by Mucker Capital. According to the company, the funding will go towards global expansion of its product, Jurny Virtual.

8 Keys To The Winning Mix Of Full-Time and Gig Talent

Startup Professionals Musings

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time office employees. In addition, more people in the workforce don’t want to be resident employees.

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FitOn pumps up its fitness platform with $18M in Delta-v Capital-led funding

TechCrunch

Carving out 45 minutes or an hour for a workout can be difficult between work, home and daily life. Digital fitness and wellness company FitOn was created to provide 15- or 20-minute workouts aimed at getting people moving in whatever time they can make.

Reward success and failure. Punish only inaction.

Berkonomics

Reward failure? . That may be a difficult concept for an executive. And there are limits of course. We wouldn’t reward a failure to follow laws, or protect lives, or deliberate endangerment of the company or its people. There are “good” failures.

Course 156

Actor Trade Audition App Helps Actors Rehearse, Make Connections

L.A. Business Journal

As an actor with more than a decade of experience, Dylan Mooney was always in need of a scene partner

Help 208

7 Office Building Amenities Every Property Owner Should Offer Their Tenants

Southern California Edison Blog

Good first impressions are essential for attracting new businesses to your property. Now more than ever, building owners are losing out on potential tenants even before they visit.

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ATTOM: Foreclosure Filings Surge In Q3 2021

socalTECH

Irvine-based ATTOM, the unit of RealtyTrac which tracks foreclosure data, says that foreclosure filings for the U.S. have increased 68 percent from a year ago, and are up 34 percent from the previous quarter. The uptick in foreclosure starts come as a result of the retreat of foreclosure moratorium and mortgage forbearance programs. According to ATTOM, there were total of 45,517 U.S. properties with foreclosure filings - default notices, scheduled auctions or bank repossessions in Q3.

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6 Sweet Spots That Have Sustained Many Great Startups

Startup Professionals Musings

I n my experience mentoring new entrepreneurs and aspiring business leaders, I see far too many who seem to be driven by all the wrong reasons.

Locale puts $2M to work helping people discover local cuisine

TechCrunch

When you move around a city, you often end up farther away from some of your favorite restaurants and bakeries. Locale wants to keep you connected to the food you love, even if you live hours away now.

Help 83

After “Retiring” at the Age of 40, My Wife, My ADHD & an Itch to Have an Impact on the World Sent Me Back to Work

Frank Addante

“You need to go back to work, you need to get back to doing what you love – building businesses!” That’s what my wife said to me back in June after I had been “retired” since 2017.

Jurny Raises $9.5 Million for Hospitality Tech

L.A. Business Journal

Jurny Inc. raised $9.5 million in capital to fund its global expansion

Orca Security Raises $550 Million

L.A. Business Journal

Cybersecurity company Orca Security Ltd. scored a massive payday

FuzzyBot Gains Funding to Create Genre-Crossing Games

L.A. Business Journal

Tatyana Dyshlova and Max Spielberg loved working side by side at Redwood City-based gaming giant Electronic Arts Inc

First Phase of CIM Group’s Massive Solar Park in Central Valley Operational

L.A. Business Journal

Mid-Wilshire-based CIM Group is best known as a real estate developer

7 Principles for Keeping Work Discussions Productive

Startup Professionals Musings

All of us have been on the receiving end of a difficult conversation at work, and many have had to deliver a hard message to others. Unless you are totally inhuman, none of these are painless, and we all wish we had some way to make them more meaningful and more effective.

Embrace Raises $45 Million in Series B for Mobile Data Platform

L.A. Business Journal

The round gives the company a total of $57 million in funding

7 Bases For Taking Control Of Your Time And Your Life

Startup Professionals Musings

One of the most important skills for every entrepreneur is timely and effective decision making. In a startup, any decision is better than no decision. One of the primary roles of every founder is to solve problems, make a decision, and manage the decision to results.

Coach 101

Pasadena Startup CarbonCapture Raises $35M, Hires CEO

L.A. Business Journal

Pasadena startup CarbonCapture Inc. secured $35 million in Series A financing and named veteran cleantech industry executive Adrian Corless chief executive

CarbonBuilt Raises $10 Million in Series A Funding for Its Eco-Friendly Concrete

L.A. Business Journal

Westwood-based startup CarbonBuilt Inc. has raised $10 million to further develop and market its technology that reduces carbon dioxide emissions by injecting the gas into concrete

CreatorIQ Raises $40 Million in Thriving Influencer Economy

L.A. Business Journal

In 2014, Igor Vaks knew the creator economy was going to boom — and he wanted to be a part of it

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Lucid Sight Raises $3 million for Multiplayer Game Hosting

L.A. Business Journal

Brentwood-based independent gaming studio Lucid Sight Inc. raised $2.6 million to launch its cloud-hosting platform for developers

Rocket Lab Reschedules BlackSky Mission

L.A. Business Journal

Long Beach-based Rocket Lab USA Inc. has scheduled two dedicated launches for Seattle-based BlackSky Global in November, the company announced Oct.

How SpaceX Can Live Up to Its $100B Valuation

L.A. Business Journal

Less than a month after sending four civilians on a historic three-day journey around the Earth, Space Exploration Technologies Corp. reached another milestone: a valuation of more than $100 billion

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6 Ways To Strengthen Your Base As A Business Leader

Startup Professionals Musings

Most of you business leaders focus first on providing guidance to your team, but neglect self-leadership as an equally important dimension. In my experience, many entrepreneurs rely too much on the perspective of a trusted advisor, or try to emulate a competitor who is getting attention.

Universal Hydrogen Raises $62 Million in Series B

L.A. Business Journal

The investment brings Universal Hydrogen’s total funding to $85 million

Invest 130

7 Short-Term Business Mistakes Can Limit Your Impact

Startup Professionals Musings

As a long-time business consultant and investor, especially to entrepreneurs, I recognize your sparkle of vision , to build the ultimate world-changing product. Every one of you sees yourself as the next Elon Musk, Jeff Bezos, or maybe even Steve Jobs.

Cornerstone OnDemand Goes Private In $5.2 Billion Deal With Clearlake Capital

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group says it has completed its acquisition of Los Angeles-based Cornerstone OnDemand, the provider of talent management software, in a deal which was worth $5.2 billion. According to Clearlake, it has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. As a result of the go-private deal, Cornerstone OnDemand no longer trades on the NASDAQ, where it had been listed as CSOD.

Allied Universal Struggles to Fill ‘Thousands’ of Security Jobs

L.A. Business Journal

As the nation’s largest security firm, Orange County and Pennsylvania-based Allied Universal has long been a massive employer both in the L.A. area and globally