Culture

Los Angeles-based cloud-based talent management software solutions firm with over 13 million users, Cornerstone OnDemand has launched Cornerstone Innovation Fund, to invest in disruptive LA-based cloud startups building cutting-edge solutions for organizations.

Empathy, breath, communication : focus | Making ideas reality : dependency | Innovate user experience: deploy | Move the needle: data | Whole vision: status quo
Seemingly unrelated but they do sound good, don’t they? Something from a motivational panel, discussing Biz Dev strategies or maybe how to launch a lean start up. Rather, these were the words given in response to the opening question to a panel of product managers to “describe their occupation” in 3 words or less, + an additional word on what their biggest challenge was.

Bottom line is that you’re in business to make money. If your customers aren’t paying you, that’s a serious cash flow problem. If they’re slow to pay, that’s a problem as well. While late invoices are fairly common for many businesses, that doesn’t mean you can’t fight it. The key is process.

Silicon Valley may still be the capital of technology with a mix of new (Google, Facebook) and old (Apple, HP) sprinkling the landscape. However, Silicon Valley isn’t the only place to grow technology innovators from the ground up. Los Angeles has seen its own startup scene develop with Silicon Beach, which stretches between Santa Monica and Playa Vista.

The U.S. Senate on May 6 passed the third version of Senate Bill 743, otherwise known as the Marketplace Fairness Act, which requires consumers to pay sales tax on all Internet purchases. How does this affect the growing crowdfunding industry? Initially, it affects reward-based crowdfunding because the moment anyone takes money in exchange for an item, the transaction becomes subject to sales tax.

Silicon Valley-based an entrepreneur and VC, Karl Mehta has launched Code For India (CFI) to empower the country’s citizens to actively participate in improving their communities. Themed “Think Local, Hack Global”, Code For India based in Mountain View, CA and Bangalore, India and wants to inspire millions of techies to volunteer their time and talent to give back to their communities and to the developing world.

Amazon.com’s new Amazon Art, is stocking over 40,000 works of fine art from over 150 prestigious galleries and dealers located around the country, including Paddle8, Holden Luntz and McLoughlin Gallery, Modernbook and Catherine Person.

Do you understand your true business costs? Do you know how much it really costs to run your business? If you don’t really understand your fixed and variable costs, how can you make sure that you are covering them?

In West Hollywood, Los Angeles last night, Werner Herzog’s new documentary, “From One Second to the Next” premiered at the Silver Screen Theater located within MOCA’s Pacific Design Center followed with Q&A from the legendary director himself.

One of the hotter topics at the last Silicon Beach Fest (SBF) in Santa Monica was the exodus of homegrown tech talent. Some refer to it as “brain drain.” Others call it “talent flight,” while academics coined the phrase “mind migration.”