Finance

The Immunity Project is a nonprofit initiative using a unique combination of crowdfunding and venture capital, along with a novel machine learning approach in devising an HIV vaccine. Since the official YC announcement and launch of their crowdfunding campaign, they’ve successfully raised an initial goal of $482,000; to fund a final immunization experiments before undergoing Phase I clinical studies.

Some common startup myths have frequently been debunked, like how running your own company will give you freedom (yeah, right!) or how failure leads to future success (it could, but it’s certainly no golden ticket), and how all an entrepreneur needs is passion (who needs the ability to execute when you have passion, right?!).

With over $2.5 billion under its management and a portfolio of over 60 companies, Greenspring Associates has led a $29.5 million round into Kareo, the doctor’s cloud-based platform. OpenView Ventures and Silicon Valley Bank also participated in the round

Last week, they announced the acquisition of IBM’s x86 server business for approximately $2.3 billion. And now they’ve just shocked the world by announcing their plans to purchase Motorola Mobility from Google for about $2.91 billion.

Tonight bitcoin evangelist Brock Pierce is introducing Oakland mayoral candidate Bryan Parker to the Los Angeles tech community during a fundraiser at the prestigious 41 Ocean Club in Santa Monica.

Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. This last year, we saw a record high of over $1 billion raised with 200 launches and 25 successful exits which yielded $1.11 billion.
These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them.

Google has acquired smart home appliance company, Nest Labs for $3.2 billion in cash. It’s a move that will see the giant search engine retain amazing talent and potentially achieve its target of reinventing the “home of the future” using the Internet.

Every day, 1000’s of new bright-eyed and bushy tailed companies sprout from depths of start-up soil. Some are formed in incubators, and some are the results of a few cocktails and some ink on a napkin. Others come from angry laid-off executives, and even some stem from the optimistic naiveté of college and high school students. Like a song on the radio, we never quite know how some blow up and become chart topping billion-dollar organizations while others – even crowd favorites – simply bang, pop and fizzle; never to be heard from again.

Your executive summary is essentially the cover letter to your business plan: its goal is to get the reader to check out your business plan and, hopefully, to set up a meeting. Think of your executive summary as the halfway point between your elevator pitch and your business plan—you have about 2 pages (give or take) to communicate your value proposition and get you to the next stop on your startup journey.

TechZulu is excited to invite you to the 2014 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. 28 in Santa Monica. We will have a line up of amazing panelist who will share their insights and forecast for startup trends in 2014. Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses.