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July 2012 Archives

Startups see opportunity across California

Until recently, the startup word was dominated by those who resided in the San Francisco area. With companies such as Google and Facebook originating in the Northern California Bay area, it was no mystery why many entrepreneurs looked to that area as the place to commence their business planning for their own startup company. However, recently many entrepreneurs have begun to spring their business ideas in a totally different venue -- the sunny beaches of the greater Los Angeles area.

2010 California law affects business startup companies

Many times startup businesses can be fragile in a tough economy. This can be especially true when a broad and vague law affects the hard work and creativity of entrepreneurs. This is exactly what the California Money Transmission Act is doing to the currency transaction industry. The September 2010 law makes it more costly for a business startup to enter this market.

California business merger puts Genentech at head of Roche

A company merger can bring concerns that a company's culture or unique personality may be stifled or transformed by influences from the larger company. Such is the case in the business merger between Roche and Genentech, two biotechnology companies. Many feared that overseas-based Roche would slow down the innovative culture at California-based Genentech.

California business startup receives funding for new job website

With unemployment rates in the U.S. hovering just over 8 percent, the amount of people searching for jobs has been increasing steadily. Although the demand for good job-search websites is high, the supply of jobs in an ailing economy may present a challenge. Bright, a business startup in California, is taking on the challenge. The company has just received a $6 million initial venture capital investment to start a service that matches job seekers to posted jobs on various job-search websites.

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