August 7, 2019
THE FRESH SQUEEZE

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BLOOMBITES

Happy August! I am back in the States after a great UK and Ireland trip. While there, I spent time getting to know some of the physical spaces where startup communities are growing in London, Dublin, and Belfast, and it had me thinking about density.

In a lot of tech hubs, you see a downtown area become a place of growth for startups when a coffee shop, coworking space, and brewery/bar coincide physically. You don't see as much of this in Orange County though you see densities occur for example in The Cove, a business park that happens to have a coffee shop and multiple coworking and incubator spaces all within the same parking lot. Where else do we see these kind of densities throughout the county?

I also took some time to ask local startup leaders about big city tech hub vs. local holistic growth, for example London vs. the rest of the UK and Ireland. In my mind I was asking to compare Los Angeles vs. the surrounding regions that are under LA's shadow. I heard familiar answers to what we face. In Belfast, there's a significant brain drain, which is also not unusual in LA - based on  this latest Angelist  report, even LA loses 70% of its university tech talent.

I also heard about the lack of capital and relevant mentors with direct tech experience. While it's cathartic to know other communities are experiencing similar challenges and opportunities, sharing what's working and what's not across global communities is really what is exciting, and I will continue to share what I am learning through this platform.

Of course, I had a little fun too:
Cheers,

P.S. We would love to hear from you how we are doing so far - please share your feedback .
ORANGE COUNTY TECH ECOSYSTEM NEWS

Synoptek LLC on target for $100M in sales this year

Irvine's Alteryx reports Q2 sales up 59%, beating analyst estimates

Costa Mesa gaming startup Cafrino to seek $1M in Series A round

Mission Viejo-based brewing startup BrewFirst seeks $1.5M in Series C round

Irvine's Ingram Micro announces global competition for early stage independent software vendors

Irvine-based Futurus Group partners with DonorSearch on AI-powered fundraising

British life sciences companies choose Irvine for corporate headquarters

Edwards Lifesciences to create hundreds of new jobs with large expansion

Irvine's Specright names new COO Mike Gaffney and CTO Ayman Shoukry
ACQUISITIONS

Irvine-based Breathe Technologies by Hill-Rom for $130M

Irvine's Resources Connection acquires Veracity Consulting Group for $30.6M

Irvine-based HomeUnion bought by Mynd Property Management for an undisclosed amount

InstaMed acquired by JPMorgan Chase & Co. from Newport Beach based private equity firm Carrick Capital Partners for undisclosed terms

Brea-based CoolSys acquires Agape Mechanical for undisclosed terms
DEALS

Newport Beach's Gron Ventures raises over $117M for its first fund

On demand shopping concierge MyShoperoo, based in Aliso Viejo, doubles pre-seed funding raised to date with another $150K

Costa Mesa-based CerraCap Ventures secures undisclosed funding from Mexico Ventures into new fund earmarked for early stage investments
JOBS SPOTLIGHT
Manager, Channel Marketing, Alteryx (Irvine)

Accounts Payable Specialist, Restaurant365 (Irvine)

Senior Product Manager - Alexa, Amazon (Irvine)

Global Digital Product Manager, Experian (Costa Mesa)

Software Engineer - iOS, Phunware (Newport Beach)

Digital Marketing Manager PPC & SEM, AutoGravity (Irvine)

Brand Ambassador - Outside Sales, HelloFresh (Santa Ana)

Enterprise Sales Executive, Toptal (Irvine)

Senior Technical Product Manager - Engineering Success, Twitch (Irvine)

Digital Marketing Manager, Andor Technology (Santa Ana)
UPCOMING EVENTS
From Y Combinator to Irvine: Doug Hoang, Founder/CEO Enflux @ Eureka Building Helipad, August 7

Her Story of Success: Starting, Running & Growing a Company from a Woman's Perspective @ Surf and Sand Resort, August 13

State of the Sector: Life Sciences Leadership @ Balboa Bay Resort, August 13

1MillionCups every Wednesday @ The Cove, August 14

Data Science for Entrepreneurs @ The Cove, August 15

2nd Annual MedTech Mega Mixer @ Championship Soccer Stadium, August 15

Maximizing Your MVP (Minimum Viable Product) @ The Cove, August 16

MasterMinds OC Tech Startup Accelerator Workshop @ WeWork, August 22

The Boot Camps at UCI Continuing Education Demo Day @ UCI, August 28

Water Solutions 4: Innovative Solutions for Evolving Challenges @ UCI Beall Applied Innovation, August 29

Orange County Venture Capital Fast Pitch @ Coastline Community College, August 29
3 REASONS TO SHARE THIS WITH FRIENDS

  • Introduce them to Fresh Squeezed Tech
  • Help them stay in the loop on OC tech news to enhance water cooler conversations
  • Find a buddy to attend local tech events with
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