Business

Financial projections are essentially made-up numbers that have nothing to do with your real business—they’re just another hoop that you need to jump through to satisfy investors, right? Wrong!

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.

There’s a famous scene in Pirates of Silicon Valley (a movie that chronicled the origins of Microsoft and Apple) in which Bill Gates is meeting with IBM executives. The IBM executives agree to license software from Microsoft because “there’s no money in software anyways.”
The IBM executives weren’t stupid. They failed to recognize an inflection point in technological history in which profits would shift from hardware to software.

The gaming industry has changed since the days of Atari and Odyssey. Mobile and new generation consoles are being adopted at an astounding rate, and all the while gaming has become an increasing social outlet.

The World’s largest network of business brokers Sunbelt has today partnered with enterprise business transaction platform CapLinked in a move that will simplify buying and selling of businesses by brokers and franchise owners.

TechZulu met with Hale Boggs, from Manatt Digital Media, and discussed Manatt Digital Media and the future of LA’s startup scene.

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.

You’ve identified a pain point. You’ve come up with a solution. You’ve thought through your offering—and it’s a winner. You’re ready for next steps. You’re ready to raise some funding.

Or are you?

Men have dominated the world of investment. There were only 22% women who invested in 2012. Natalia Oberti Noguera is on a mission to help change the demographic of investment with her Pipeline Fellowship. Pipeline Fellowship teaches women to become angel investors and become a more powerful and helpful voice in the investment world.

Silicon Valley, in a proverbial hornet’s nest of legal intrigue has been buzzing with one of the biggest (and possibly unsettling) displays of takesies backsies that the tech world has seen this year. For those just tuning into the events, we’ll provide you the long short of it in play by play fashion: