October, 2018

Take advantage of the good times to build stakeholder loyalty.

Berkonomics

Loyalty is a hard-earned commodity. There are several times when stakeholder loyalty is tested to the limit. For employees, a late or missed payroll is the ultimate test of corporate loyalty, divorced even from an employee’s ability to make do without a paycheck.

Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

My First Book – Pricing Your Practice by Eric Greenspan

Eric Greenspan

Woke up and there it was, my book cover. She just made it and sent it to me. I looked at it for a bit and started thinking about writing it. Then I did. I published the initial draft this past weekend and it’s now available for pre-order on Amazon.

Xprize Names Anousheh Ansari Chief Executive

L.A. Business Journal

Playa Vista-based Xprize Foundation Inc. on Oct. 18 named technology entrepreneur Anousheh Ansari is its new chief executive

Jam City Gets Into The Halloween Spirit

socalTECH

Los Angeles-based mobile game developer Jam City is getting into the Halloween spirit, saying this morning that it has been rolling out themeed content throughout the month of October ahead of the Halloween holiday. According to Jam City, the Halloween gaming content has been rolled out across a wide range of its titles, ranging from Cookie Jam and Panda Pop to Family Guy: Another Freakin Mobile Game, Cookie Jam Blast and Genies and Gems.

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OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM

SoCal Tech Calendar

Monday, October 29, 2018 -- OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM. Join us October 29-30 at the Newport Beach Marriott Hotel and Spa. See [link] (more

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More Trending

The next big restaurant chain may not own any kitchens

TechCrunch LA

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own.

TP Therapeutics Names New CEO, Gets $80M More for Cancer Drug Push

Xconomy

Five-year-old biotech TP Therapeutics has raised an $80 million mezzanine financing round and promoted its chief medical officer, Athena Countouriotis, to CEO.

Google Expands in Silicon Beach

L.A. Business Journal

Alphabet Inc.-subsidiary subsidiary Google moved into the Spruce Goose hangar in Playa Vista Oct. 3, two years after it began leasing the space

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NantHealth Facilities In Florida In City Hit Hard By Michael

socalTECH

The Florida facilities of Culver City-based NantHealth , one of the portfolio companies of LA biotech billionaire Patrick Soon Shiong, appear to be in the middle of one of the areas severaly hit by Hurricane Michael this week.

Connect Week 2018 By Innovate Pasadena

SoCal Tech Calendar

Sunday, October 28, 2018 -- Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness! See [link] (more

Will your company’s sale be celebration or silence?

Berkonomics

First, there are at least three types of exits. I’ve been involved with well over twenty successful exits and four initial public offerings over the years, some of them with monstrous gains, some more modest.

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Lime is building its first scooter ‘lifestyle brand store’ in LA

TechCrunch LA

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility.

Spinraza Inventors Take Home $3M Breakthrough Prize in Life Sciences

Xconomy

The inventor and developer of a drug, nusinersen (Spinraza), are among the winners of the Breakthrough Prize in Life Sciences. Adrian Krainer (pictured) of Cold Spring Harbor Laboratory and Frank Bennett, senior vice president of research at Ionis Pharmaceuticals, share the $3 million prize.

Cloud9 Plans New Esports Facility

L.A. Business Journal

Santa Monica e-sports organization Cloud9 Esports Inc. has raised a $53.6 million Series B round finalized Oct.

A Chat With Kelly Perdew: Moonshots Capital And Its First Dedicated Fund

socalTECH

This morning, Moonshots Capital (www.moonshotscapital.com), led by Kelly Perdew and Craig Cummings , announced its first formal fund, a $19M seed stage fund. We sat down with Kelly ahead of the announcement to chat about the new fund, why they think military veterans are particularly well suited as startup entrepreneurs, why the two went from organizing individual deals for funding to a formal fund, and more. Tell us about this new announcement?

Masterminds 2018 - Survive and Thrive

SoCal Tech Calendar

Sunday, October 28, 2018 -- SURVIVE AND THRIVE TODAY 2018. Keynotes by Mitch Lowe, CEO of MoviePass; Bill Reichert, Garage Technology Ventures; Vernice Armour, first African American Fighter Pilot, and others. See [link].

Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers.

Shopify opens its first brick-and-mortar space in Los Angeles

TechCrunch LA

Shopify , the provider of payment and logistics management software and services for retailers, has opened its first physical storefront in Los Angeles.

Freight trucking startup Shipwell gets a $10 million boost

TechCrunch LA

Shipwell , a startup pitching a marketplace for domestic ground shipping and fleet and cargo management services for freight trucking companies, has raised $10 million in a new round of funding.

Investors see an opportunity framed in Lensabl’s prescription lens fulfillment business

TechCrunch LA

Lensabl , the company that has built a business putting prescription lenses into any style of glasses frame , has raised $3.7 million in a new round of funding. . Lensabl makes it easy to put new lenses in a favorite pair of shades or glasses. Based in Los Angeles, Lensabl already has an agreement inked with the city’s latest tech wunderkind, partnering with the spectacles-producing augmented reality luminaries at Snap.

Four reasons why you should attend TC Sessions AR/VR 2018

TechCrunch LA

On October 18 — just one week away — some of the most brilliant and innovative minds in reality creation will gather at UCLA’s Royce Hall in Los Angeles to attend TC Sessions AR/VR 2018. Whether you’re an early startup founder, an investor, a developer or a student, if you’re focused on AR/VR, you don’t want to miss this day-long intensive event that goes deep into the current and future state of augmented and virtual realities. Need a bit more convincing?

Activision Blizzard Names New President; Leadership Team Members

L.A. Business Journal

Santa Monica-based Activision Blizzard Inc. named J. Allen Brack its new president of Blizzard Entertainment Oct. 4, alongside two new promotions to the executive leadership team

FactoryFour Raises $5M in Venture Capital Funding

L.A. Business Journal

Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital

Enevate Finds Funding From South Korea's LG Chem

socalTECH

Irvine-based Enevate , which develops lithium-ion battery technology, said today that it has added South Korean battery manufacturer LG Chem as an investor. According to Enevate, LG Chem participated in its recently anounced funding round. Size of the investment by LG Chem was not announced. According to Enevate, the new funding will help accelerate the development of its fast charge Li-ion battery technology for the electric vehicle market.

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XPRIZE Awards $1.75M In Water Abundance XPRIZE

socalTECH

Los Angeles-based XPRIZE has made a grand prize award in one of its challenges, the $1.75M Water Abundance XPRIZE , to a local, Venice Beach based team. According to the XPRIZE Foundation, it awarded $1.5M to the Skysource / Skywater Alliance team , which has developed technology which wrings water out of thing air.

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LA Investors, Startups Launch PledgeLA, Effort Around Diversity, Inclusion

socalTECH

Los Angeles investors and startups, in conjunction with Mayor Eric Garcetti and the Annenberg Foundation, announced a new effort, PledgeLA , to help address the "work opportunity gap" in the industry by increasing equity, diversity, and inclusion in their firms and investments. The group said that the new effort includes more than 80 venture capitalists and technology leaders in Los Angeles.

Crowdstrike Eyes IPO, Hires Investment Banker

socalTECH

CrowdStrike , the cybersecurity software developer which has major operations in Irvine, has hired an IPO banker and is eyeing an IPO before the end of the year, according to a report from Reuters. According to the report, CrowdStrike has hired Goldman Sachs to run its IPO process. No other details of the IPO have yet been announced or released. CrowdStrike is led by veteran cybersecurity executive George Kurtz, and raised a big funding round in January.

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Disney Invents Spray Painting Drone

socalTECH

Disney Research , the arm of the Walt Disney Company which works on developing high-tech "building blocks" for the rest of Disney, has invented an autonomous, spray-painting drone called the PaintCopter , the company described in a paper this week.

Ticketmaster Buys Blockchain Startup, Upgraded

socalTECH

Los Angeles-based Ticketmaster said this morning that it has acquired a blockchain startup, UPGRADED. UPGRADED develops blockchain software which aims to convert traditional tickets into digital assets, combined with dynamic, encrypted barcodes Ticketmaster says prevent fraud often associated with paper or PDF-based tickets. Financial details of the acquisition were not announced.