Thursday, March 21, 2019
| Facilitated Off-Site Planning for Growth Companies and Venture Firms Peak is a facilitated team off-site that empowers growth companies and venture firms to build a Three Year Vision, One Year Plan, and Quarterly OKRs. With the vision and plan set, we provide additional tools to keep the team aligned, accountable and on track. Peak is a collection of best practices Jeff Martin founder of Collective Genius has derived from twenty plus years of experience in founding and operating technology growth companies and venture firms. We are partnered with local and national venture firms and provide portfolio partner discounts. Schedule a Pre-Camp Meeting to Learn More: Jeff@Collective-Genius.com Collective Genius - Off-Site Planning and Recruiting for Growth Companies and Venture Firms - www.collective-genius.com |
Spark Networks Acquires Zoosk For $255M
Spark Networks, the online dating company which was started in West Los Angeles, and now has operations globally, said on Thursday that it has agreed to acquire dating site Zoosk. Spark said it will pay $255M in a combination of cash and stock for Zoosk, split between $150M in stock (in American Depository Shares) and $95M in cash at closing, plus $10M in a deferred cash payment in December of 2020. Spark said it will more than double in size as a result of the acquisition. Spark Networks operat (More info...)
posted on Thursday, March 21, 2019(Full story)
IPOs Slow In Q1, But SoCal Sees Some Activity
A new report, issued this week by EY, says that the number of IPOs have dropped across both international markets and the US. The report--which examined IPOs in Q1--said that ongoing geopolitical uncertainties and trade issues continue to dampen investor enthusiasm for the public offerings. Despite the slowdown, Southern California managed to produce three IPOs in the first three months of 2019, including the $317.0M IPO of San Diego's Gossamer Bio, and two smaller IPOs that included Santa Monic (More info...)
posted on Thursday, March 21, 2019(Full story)
Bitmo Finds $3M For Mobile Gifting App
San Diego-based Bitmo, a startup developing a mobile gifting and payment app, has raised $3M in a seed funding round, the company said on Thursday afternoon. The startup said funding in the round came from Everplus Capital, Longboard Capital Advisors, several un-named, Southern California family funds, as well as board members and angel investors. Michael Smallwood is the founder and CEO of Bitmo. According to the company, its mobile gifting software allows users to gift from a mobile wallet, s (More info...)
posted on Thursday, March 21, 2019 (More)(Full story)
Semtech Powers New Radio IC For Hearing Aids
Camarillo-based semiconductor developer Semtech and hearing aid manufacturer Sonova announced this morning that the two have teamed up to create brand new, advanced radio systems which will power a new generation of hearing aids from Sonova. According to the two, they have created an ultra-small, integrated circuit (IC) which provides IoT connectivity and uses Semtech's LoRa protocol. According to the companies, possible applications for the radio system include connectivity to any Bluetooth ena (More info...)
posted on Thursday, March 21, 2019(Full story)
Newegg In Sponsorship Deal For HyperX Esports Arena Las Vegas
Los Angeles-based online technology products retailer Newegg has inked a long term marketing agreement with e-sports entertainment company Allied Esports, and will become the "official e-commerce partner" at the HyperX Esports Arena Las Vegas. Financial details of the sponsorship deal were not announced. According to Newegg, its branding will be displayed prominently throughout the venue, as well as on the arena's official website, social channels and live streams. The two companies will also de (More info...)
posted on Thursday, March 21, 2019(Full story)
HyperX Signs Brazilian Soccer Player In Endorsement Deal
Fountain Valley-based gaming products maker HyperX, which is part of Kingston Technology, says it has signed up its very first Brazilian "gaming ambassador", soccer player Casemiro. Casemiro plays for Real Madrid and the Brazil national team. According to HyperX, Casemiro--who is now based in Madrid--will use HyperX products while gaming in his free time. Financial arrangements behind the deal were not announced. HyperX also said Casemiro will participate in its global advertising campaign, "We (More info...)
posted on Thursday, March 21, 2019(Full story)
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| Early Stage Commercial Insurance - Pacific Unified Insurance Agency We are a commercial insurance broker working with startup and early stage technology and E-Commerce companies to implement cost effective strategies for their insurance and risk management programs. We provide guidance and strategic planning during various phases and also advise regarding employee benefit structures to assist in employee recruiting and retention. Coverage placements include D&O, Property, Liability, Workers Comp, E&O, Cyber/Network Security and Employee Benefit Programs. Contact: John Huttinger, CIC, CRM Vice President Ph#310-370-5000 Ext 3025 w Fx 310-370-5454 johnhuttinger@pacificunified.com |