July, 2020

Top LA investors discuss the city’s post-COVID-19 prospects

TechCrunch LA

When it comes to venture capital, Los Angeles is a city on the rise. In the past year, it’s seen one of the most profitable venture-backed exits of any tech ecosystem (with the $4 billion sale of Honey to PayPal) and investors are minting billion-dollar companies in the region at a torrid pace.

How to make the most useful dashboard

Berkonomics

The need for real time information. From sports car to aircraft to super tanker, successful operation depends upon the pilot’s understanding and urgent timely use of a dashboard.

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6 Keys To Measuring Return On Investment In Marketing

Startup Professionals Musings

Every entrepreneur knows that good demand generation marketing is the key to growth these days, but very few have the discipline or know-how to measure return in a world of a thousand tools and techniques.

SpaceX Launches Satellite for Space Force

L.A. Business Journal

SpaceX successfully launched the company's first mission for the U.S. Space Force

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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.

Mindbody's Stollmeyer Shift To Executive Chair

socalTECH

San Luis Obispo-based Mindbody , which develops software for the wellness and spa industry, said that its co-founder and CEO, Rick Stollmeyer, is shifting to the position of Executive Chair. According to the company, it has appointed current President Josh McCarter to CEO. The appointment will be effective on August 1st. McCarter has been at Mindbody sine 2018, when Mindbody acquired Booker Software, a cloud-based spa and salon business management company where McCarter had served as CEO.

The Digital Banking Wars Will Not Be Won With Technology

Steve Reich

After 20+ years of selling Digital Banking tech, I’ve reached the conclusion that no vendor will give your bank or credit union a decisive edge. But your connection to your community will. Last week, I had a long conversation with two analysts at a leading tech research firm.

More Trending

Crowdsourcing, collaboration, support groups. Oh my.

Berkonomics

At the MIT Center of Collective Intelligence, professors and graduate students are wrestling with an important opportunity – and gaining ground. With new collaborative tools available for use in the cloud, people are no longer isolated in their creative endeavors.

10 Tips On Selling Yourself As Well As Your Startup

Startup Professionals Musings

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

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Snap Rolls Out Shows, New Lenses

L.A. Business Journal

In a series of moves seemingly made with one eye on advertisers and the other on rapidly growing competitor TikTok, Snap Inc. recently announced shoppable shows, rolled out music lenses and signed partnerships with third-party developers

Advantech Rolls Out AI Tools For Pandemic Screening

socalTECH

Irvine-based Advantech , a developer of IoT and other embedded platforms, has rolled out a new, artificial intelligence tool which it says is aimed at preventing infection by COVID-19 in high traffic and heavily populated environments.

Entrepreneurship and innovation with Prof and Investor Steven Mednick

SoCal Tech Calendar

Monday, July 13, 2020 -- Entrepreneurship and innovation with Prof and Investor Steven Mednick, Join JJ Richa in a fireside chat with Steven Mednick. Whether you are an entrepreneur, corporate entrepreneur or aspire to make a difference in the world by creating something new out of nothing, we will revisit the fundamentals of an entrepreneurial journey, including: Why entrepreneurship? What is the value of an idea? What is an innovation? What is a business model?

Novavax Gets $1.6B in Operation Warp Speed Funding for COVID-19 Vaccine

Xconomy

The federal government’s Operation Warp Speed has made its biggest financing award yet, promising $1.6 billion to a Maryland biotech to help advance its investigational COVID-19 vaccine and ready millions of doses in preparation for its possible success.

How to Make Sure You Kill It on Business Trips with Other Company Members

AllTopStartups

Being a part of the team that is sent on the business trips that help grow a company can be a huge responsibility. Each member of the team could have… The post How to Make Sure You Kill It on Business Trips with Other Company Members appeared first on AllTopStartups. Best Practices START AND GROW Travel

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6 Tips For Entrepreneurs To Lock In On The Right Road

Startup Professionals Musings

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is.

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eTailPet Helps Small Stores Boost Their Online Presence

L.A. Business Journal

Santa Monica-based eTail Pet Inc. is giving small pet stores a longer leash in the digital space

Criteria Launches Emotional Assessment Tool

socalTECH

Los Angeles-based Criteria , a developer of tools used for pre-employment assessment, has launched a new tool to measure emotional intelligence, the company said today. According to the company, it has launched a new tool called Emotify, which it says will help companies select ideal andidates based on emotional intelligence. Pricing on the new tool was not announced.

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TCVN Fireside Chat with Sean Ellis: Growth Hacking in a Post Covid-19 World

SoCal Tech Calendar

Thursday, July 9, 2020 --.

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VelosBio Tacks on $137M to Advance Its ROR1-Targeting Cancer Antibody Drugs

Xconomy

Dave Johnson has known UC San Diego physician and cancer reseacher Thomas Kipps for nearly 20 years.

AEG Plans 5G for Staples Center, LA Live by 2021

L.A. Business Journal

Instantaneous livestreaming and multi-angle replay might become a reality next year for music and sports fans at Staples Center and L.A.

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TPx Communications Names Joos as CEO

L.A. Business Journal

Managed services provider TPX Communications appoints Don Joos as chief executive officer

8 Steps To Success With A Startup Board And Advisors

Startup Professionals Musings

Many startup founders I know avoid establishing a formal advisory board or board of directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder.

Kernel Collects $53M For Brain Recording

socalTECH

Los Angeles-based Kernel , a startup developing "brain recording" technology which monitors magnetic fields and neural activity in the brain, has raised $53M in a Series C funding round, the company announced this morning. the funding was led by General Catalyst, and also included Khosla Ventures, Eldridge, Manta Ray Ventures, and Tiny Blue Dot. The startup, led by founder and CEO Bryan Johnson, said the funding is the first outside funding of the company.

Synadia Communications Snags Investment From Accenture

socalTECH

Los Angeles-based Synadia Communications , a software startup that is behind the open source NATS.io project, has raised a round of funding from Accenture , the two companies said today. Size of the strategic investment was not announced. NATS.io is an open source project for cloud applications, IoT messaging, and microservice architectures, which says it is being used by companies such as MasterCard, Ericsson, HTC, Siemens, VMware, and others.

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Uber Drivers In Southern California Now Can Set Their Own Price

socalTECH

Uber said on Wednesday that drivers in Southern California and Sacramento are now allowed to set their own price, as part of an effort by the company to show that its drivers are independent contractors and not employees. The move comes as a result of Assembly Bill 5 (AB5), which was passed last year that attempted to force "gig worker" companies to classify their workers as employees, not independent contractors.

Karma Automotive Picks Up $100M More

socalTECH

Irvine-based electric auto maker Karma Automotive has picked up an additional $100M in funding, and also is looking to raise an additional $300M in funding , for its efforts to bring an EV to market, according to a report. Karma Automotive is majority owned by Wanxiang Group Corp. READ MORE>>. capital venture vehicle electric automotive karma

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Tinder Now Testing Video Dating

socalTECH

Santa Monica-based dating app developer Tinder says it has begun testing out a new "Face to Face" chat feature which will allow its users to video chat one on one with others on the service. The new service--which has been in the works since at least May--will be available in the U.S., Brazil, South Korea, and elsewhere. In the U.S., the new feature is currently only available in a few states, including Colorado, Virginia, Illinois, and Georgia.

Nomad Homes, With Team In LA, Gets $4M

socalTECH

Nomad Homes , a startup developing a marketplace for finding and buying a home--which has operations in Los Angeles--has raised $4M in seed funding, the company said on Wednesday. The funding was led by Comcast Ventures, and also included Abstract Ventures, Partech, Precursor Ventures, WndrCo, and Class 5 Global. The company is based in Palo Alto, California. Nomad is different from Nomad Micro Homes, a Canadian company which develops eco-friendly modular "tiny houses".

CUJO AI Names General Counsel

socalTECH

El Segundo-based artificial intelligence software developer CUJO AI said this morning that it has named a new General Counsel. The company said it has appointed Jeremy Otis to the position, with Otis joining from Wartsila Marine, where he was Legal Director fot he Americas. CUJO AI said Otis has been an in-house lawyer for a number of Finnish security companies during 25 years in Finland and the US.

Aerovironment Gets $21M Contract

socalTECH

Simi Valley-based unmanned aircraft systems developer Aerovironment says it has received a $21M contract option, from the U.S. Army, for radio frequency modifications for its Raven UAVs. According to AeroVironment, the award is part of the first of three options under a sole source, Flight Control Systems (FCS) small UAS contract, which it annoucned earlier. That award is worth up to $55M.

VelosBio Finds $137M For Oncology Efforts

socalTECH

San Diego-based biopharmaceuticals developer VelosBio says it has raised $137M in a Series B funding roudn, to go towards its oncology efforts. The funding was led by Matrix Capital and Surveyor Capital, and also included Adage Capital Management LP, Cormorant Asset Management, Farallon, Foresite Capital, Janus Henderson Investors, Logos Capital, OrbiMed, funds and accounts advised by T. Rowe Price Associates, Inc.,

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5 Rewards Of Independence That Excite Entrepreneurs

Startup Professionals Musings

For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. It’s the American dream that has been the goal of people in this country for over 240 years. If you are here in the U.S.,

Klio Studio Launches Cloud Production Management Software

socalTECH

Hollywood-based Klio Studio , a new startup, said this week that it has launched a new, cloud-based production management solution aimed at the film, television, and commercial production market. The company--led by Adrienne Lunson--said it has developed a system to handle such aspects of production as development, fundraising, pre-production, production, post-production and even release. Lunson--a former US Navy officer, talk show host, and film producer--said the tool starts at $11.99

MemComputing Finds New Funding

socalTECH

San Diego-based MemComputing , a developer of high performance computing technology, has raised a round of funding, the company said on Tuesday, from two investors. According to MemComputing, the funding came from Revolution's Rise of the Rest Seed Fund, along with IT-Farm. MemComputing says it has now raised over $3M in total funding. MemComputing, led by CEO and co-founder John Beane, said the funding will go towards accelerating its product development and to expand sales and marketing.

Report: Is Anyone Watching Quibi?

socalTECH

Los Angeles-based Quibi , the online, short-form streaming content startup backed by $1.75 billion, and founded by Jeffrey Katzenberg and Meg Whitman, is facing some high profile scrutiny, with latest asking: Is Anyone Watching Quibi? It's unclear if the COVID-19 lockdown, or too much Hollywood and celebrity and not enough tech startup are to blame for the company's high profile stumbles. READ MORE>>. quibi short form streaming media content hollywood

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QLess Courts Retailers With Line Management Software

socalTECH

Pasadena-based QLess , which develops software to help manage lines and appointments, is courting retailers as they look to how to best adapt to the COVID-19 era. The company said its software eliminates the need for physical lineups, enabling mobile or home waiting for retailers. The company says it enables virtual check-ins through a dedicated online portal with real-time SMS updates about wait times and placements in line. The company is led by CEO Kevin Grauman.

Kayne Anderson Expands Renewable Investments

socalTECH

Los Angeles-based private equity investor Kayne Anderson Capital Advisors LP is ramping up its investments in renewables, saying today that it has made a number of solar investments, and has named co-heads of renewable investment for the company.

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