A “business angel,” also known as an “angel investor,” is an affluent individual who provides capital for a business, typically an equity investment. Angels rarely make loans or outright grants. Business angels most often support individual entrepreneurs and brand-new ventures, although they can assist any venture in need. The term...
Business Angels (a.k.a. informal venture capitalists) are not a new phenomenon. Unlike the structured VC funds, the names of business angels and their individual levels of activity are not found in any Directory or web site. Consequently, it is almost impossible to collect accurate statistical evidence on the magnitude of...
The supply of start-up and early-stage equity finance is becoming more dependent on business angels, wealthy individual investors. The reasons for this include changes in the banking sector, which have made lending to small enterprises unattractive for banks due to low margins and high overhead costs. In addition, venture capital...
The year gone by has been pretty awful, and many say the prospects for 2009 aren't much better. The governor of the Bank of Spain, to cite one example, recently declared that the entire world economy was facing a financial meltdown. "The lack of confidence is total,"...
Article Notes the Company's Transition From R&D to Full-Scale Manufacturing HAWTHORNE, Calif. -- Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based, sustainable plastics, today announced that Los Angeles Business Journal featured the company in an article published on December 22. Checking back since the company was last featured in...
HOUSTON -- National, state and local governments around the world are choosing BMC Software (NYSE:BMC) as their Business Service Management vendor of choice. Among BMC's recent global public sector wins are: Airport Authority Hong KongCalifornia Department of Health Care ServicesCanadian Food Inspection AgencyChicago Transit AuthorityCity of Los AngelesDeutsche...
OKLAHOMA CITY, Dec. 29 /PRNewswire/ -- The Founder of Ol' Glory Energy drink (http://www.olglory.com/), Don Sessions will partner with independent Filmmaker, Annette D. Colbert-Beavers of Visage Production, Inc., (http://www.visageproduction.net/) to produce a feature film, "Country Angel'. Don Sessions introduced himself to Annette after reading an article...
LOS ANGELES, Dec. 28 /PRNewswire-FirstCall/ -- Rentrak Theatrical, a business unit of Rentrak Corporation , today announced the weekend theatrical box office estimates for the weekend period of December 26 through December 28, 2008 according to the company's Box Office EssentialsTM theatrical box office data collection and analytical service....
LOS ANGELES AP -- The family of a 17-year-old leukemia patient has sued health insurance giant Cigna Corp. for her death in 2007 after the company initially refused to pay for a liver transplant. The lawsuit filed last week in Los Angeles County Superior Court by the...
LOS ANGELES -- National Lampoon, Inc. (NYSE Alternext US: NLN) announced today that on December 19, 2008 Paul Skjodt resigned as a director and on December 22, 2008 David Tornek was appointed to fill the vacancy created by Mr. Skjodt's resignation. Mr. Tornek graduated from Metropolitan State College...
Due to the heavy volume, the FlyAway long termparking lots are at capacity and passengers should use curb side dropoff/pick-up. Passengers are encouraged to visit the FlyAway website at www.lawa.aero/flyaway to receive parking availability updates. With the busy holiday travel, the Van Nuys FlyAway is an easy, convenientway...
By RYAN NAKASHIMA AP Business Writer LOS ANGELES -- "This song is dedicated to Debbie Harry," flinty- eyed Lisa Hsuan purrs into a microphone on the red-lit stage of Hyperion Tavern. It's a cozy dive where patrons drink Coke and beer from...
MINNEAPOLIS -- Employees of U.S. Bank PowerTrack continued their legacy of volunteerism during the holiday season by participating in a number of events that provided support to 56 families this year. U.S. Bank provides charitable giving and thousands of employees donate time in an effort to improve the...
LOS ANGELES -- Cal/OSHA investigators this month issued $25,085 in citations for safety and health violations at two Los Angeles Carwash businesses. The companies, Vermont Carwash and Hollywood Carwash were inspected on July 28, 2008 after the Los Angeles Cal/OSHA office received complaints filed by the Southern California Coalition on...
LOS ANGELES -- Home sales increased 83.2 percent in November in California compared with the same period a year ago, while the median price of an existing home fell 41.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS[R] (C.A.R.) reported today. "Statewide sales registered a monthly decline for the first...
LOS ANGELES -- NCAL Bancorp California (OTCBB:NCAL), the parent company of National Bank of California, announced today that it had completed the sale of $10.0 million in shares of its Series A Fixed Rate Cumulative Perpetual Preferred Stock to the U.S. Department of the Treasury. The Treasury also received a...
LOS ANGELES -- Revenues of Daily Journal Corporation (NASDAQ:DJCO) were $40,605,000 and $35,113,000 for the fiscal years ended September 30, 2008 and 2007, respectively. This increase of $5,492,000 (16%) was primarily the result of an increase in public notice advertising revenues. The Company's traditional business segment pretax profit...
LOS ANGELES, Dec. 22 /PRNewswire/ -- Citing growth opportunities in the Southern California office market, Barrister Executive Suites Inc., a leading provider of Plug-n-Play office space, expands its footprint with the opening of its newest location at 5023 North Parkway Calabasas in Calabasas, California. Barrister Executive Suites,...
AeroMexico, the global airline of LatinAmerica, has been selected as the "Best Airline in Mexico" for 2008 by thereaders of Business Traveler magazine. This marks the third year the awardhas been bestowed and AeroMexico has received top honors every year. Theairline was recognized at a special awards ceremony...
The winter issue of LAXpectations - BetterTravel Ahead e-newsletter is now available online http://www.lawa.org/welcomeLAX.cfm?id=502 . The newsletter updates readerson new developments and the status of the multi-billion-dollar capitalimprovement program at Los Angeles International Airport LAX. The current issue highlights: -- Vision deigns unveiled for Midfield Concourse and Tom Bradley...
