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- We Ranked L.A.'s 50 Fastest-Growing Startups
We Ranked L.A.'s 50 Fastest-Growing Startups
We Ranked L.A.'s 50 Fastest-Growing Startups
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Senior reporter Ben Bergman worked with Pitchbook analysts ran down the county's hottest startups. Number 1 on the list: Dave, an overdraft-free banking app based in Los Angeles. Santa Monica and Culver City were also well-represented in our list. We're thinking of doing more of these. Have feedback? Let us know. We'd love to hear about other data you'd find helpful, companies that might be below the radar or concerns about how we compiled the list (you can read more about our methodology in the story).
In other news: Deal-making and revenue projections may have topped the agenda for this year's Montgomery Summit, but COV1D-19 seemed to be top-of-mind for most people there. Rachel Uranga reports on what analysts and experts said about how it might affect the economy. Relativity Space's co-founder Tim Ellis talks about the future of rocket production, NASA names a new rover, and SpaceX offers civilians a chance to fly aboard the Crew Dragon spaceship.
A water brand that wants to "murder your thirst," a live-streaming app to watch your kid's high school basketball games, and a rocket maker that uses 3D printers to launch astronauts into space all have one thing in common. They're among the top 50 hottest startups in greater L.A. right now.
"Where I see this heading is in a recession," Marko Papic, partner and chief strategist at Clocktower Group told a crowd at the Montgomery Summit. He also warned that the U.S. government could bring on inflation if it responds with too much stimulus.
Papic spoke as part of a panel of health experts brought together at the last-minute by the Montgomery Summit to address what was already on top of everyone's mind: Just how serious a threat is this virus? Read more >>
Relativity Space co-founder Tim Ellis is expecting 20,000 satellites will launch in the next five years.
The company, which is planning to move to Long Beach, is currently building its first rocket. Ellis told an audience at the Montgomery Summit that private companies are making it cheaper and more efficient to get satellites into orbit. Read more >>
In case you missed it, NASA's Jet Propulsion Laboratory announced the crowdsourced name of the new Mars rover: Perseverance. Moments later, the robot introduced itself on Twitter. Space tourism company Space Adventures announced it's partnering with SpaceX to offer adventure-seekers a 3 to 4-day ride into low orbit aboard the Crew Dragon spacecraft. Read more