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XMeet the New BallerTV CTO Holding Court at Pickup Basketball Games as Sports Seasons Rebound
If you stop by Koreatown's Immanuel Presbyterian Church on Sundays, you might run into Kavodel Ohiomoba pushing a broom across a basketball court hidden on an upper floor of the cavernous historic French Gothic cathedral. It's a favorite movie backdrop for Hollywood films.
On a Bose portable speaker, you also might hear rapper Polo G's mellow-sounding "RAPSTAR" echoing off of the mid-century gymnasium's walls: "Lately, I've been prayin', God, I wonder, can you hear me? Thinkin' 'bout the old me, I swear I miss you dearly."
The six-foot, four-inch tall Ohiomoba, known as "Kav", gets the gym tidied up before the first game starts at 9 a.m. sharp. The "run," or freewheeling run-and-gun basketball game with connections drawn together by Kav, came together this past summer as the pandemic began to subside and vaccines were readily available to all. He got the idea of using pickup basketball as a way to network with the tech community from Jeff Jordan, partner at A16Z, who runs a famous pickup game in Palo Alto.
Kav is chief technology officer of BallerTV, the Pasadena-based streaming sports company that livestreams youth sporting events at scale, and is currently focused on basketball, volleyball, soccer and lacrosse.
Before BallerTV, the Stanford alum put in work at a few tech startups in the Silicon Valley, including MOCAP Analytics, where he was a member of the founding team as a data scientist and software engineer. The MOCAP team leveraged machine learning and computer vision to build a data storytelling engine on top of the player tracking data that was quickly being adopted by NBA teams.
"The opportunities were truly endless," Kav said. "We were building models that told us which players and teams did what, where, how and when."
As advances in computer vision — and later, machine learning and artificial intelligence — introduced new possibilities for sports viewing, Kav sought to bring broadcasting and video to athletes who weren't being streamed on ESPN or major television outlets. Not long after, he co-founded FieldVision, which built hardware and software using artificial intelligence and computer vision to autonomously film any team sport, anywhere.
BallerTV CTO Kavodel Ohiomoba
FieldVision came into the BallerTV fold via acquisition about two years ago, and proved to be a slam-dunk for the company. Since its launch in 2016, BallerTV had relied on an army of 30,000 videographers throughout the United States to film youth athletic games ranging from basketball to volleyball.
Kav spearheaded the effort to take FieldVision's machine learning — fueled by artificial intelligence algorithms — and put it all into an iPhone app. After a few months, the i1 platform was born. The platform uses an iPhone rigged up with a wide-angle lens and its software tracks players on the court, ball movement and shifts in a fast-moving game. The game is then broadcast live to BallerTV's rapidly growing network of subscribers, allowing anyone with an internet connection to watch as if they were sitting courtside at the game.
The i1 platform has been revolutionary for BallerTV, which filmed 350,000 youth sports games in 2021. On a given weekend, BallerTV can film more than 20,000 games. That's 5,000 more games in a weekend than the 15,000 ESPN televises in an entire year.
Kav says there's a bigger purpose behind his basketball runs. The group is diverse and inclusive, with participants coming from all parts of L.A. and a variety of professions. The basketball games serve as a form of connection between people, regardless of their backgrounds.
Some runs have included BallerTV's co-founder and co-CEO Aaron Hawkey, nicknamed "15 and in," mostly because he's money from within 15-feet of the basket; Marcus Boyd, a former professional track and field athlete turned software engineer; John Daniels, founder and CEO of Navtrac, a logistics technology company that utilizes artificial intelligence software to track inventory, and Tommer Schwarz, a doctoral candidate in genetics at UCLA.
"I'm an old man. I did not injure myself last weekend, but I missed several layups in spectacular fashion," said the 40-year-old Paul Haaga, managing director of HW Capital in Santa Monica, of his performance one weekend in October.
Haaga's firm was an early investor in BallerTV, as well as a number of other early-stage companies and real estate deals.
"It's interesting, if you see guys enough on several Sunday mornings in a row, you get to know who they are as people on the basketball court, and that's probably a pretty good indicator of who they are in life. Do they play fair? Do they play hard? Do they compete? It's a good indicator of someone's qualities, and if they have relationships outside of the game, then that's all the better," said Haaga, who makes the 14-mile drive in from his La Cañada residence.
And few reveal who they are quite like Kav, who attends to the runs as he would a group of his close friends.
"There is no job that is below [Kav], whether it's dusting the floor before we get there, or making sure that everybody's hydrated with Gatorade. He's always thinking about your health, right? Everything is sugar-free," observed Ryan Sauter, an entrepreneur in the hospitality industry whose Hybrid One is headquartered in downtown's Arts District.
Sauter's highlight of the week is when he gets the weekly email from Kav asking 60 other like-minded people on the distribution list if they're in or not for the weekly pick up at the church.
"I definitely look forward to that email, which comes Wednesday or Thursday," Sauter said. "It kind of brightens your day a bit because you're like, 'Hey, I can't wait until Sunday to play with everybody."
After breaking a sweat at the church, Kav and the others head over for some chit-chat and a cup of joe at the Starbucks or Blue Bottle Coffee near the K-Town church. Even grabbing a post-run cup of coffee is a welcome respite in a time where people are trying to be connected more than ever.
"We're coming out of COVID, and that's how this evolved," Kav said. "We were itching to meet each other. And of course, I think we were all itching to get back out on the court."
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In Los Angeles—like the startup environment at large—venture funding and valuations skyrocketed in 2021, even as the coronavirus pandemic continued to surge and supply chain issues rattled the economy. The result was a startup ecosystem that continued to build on its momentum, with no shortage of companies raising private capital at billion-dollar-plus unicorn valuations.
In order to gauge the local startup scene and who’s leading the proverbial pack, we asked more than 30 leading L.A.-based investors for their take on the hottest firms in the region. They responded with more than two dozen venture-backed companies; three startups, in particular, rose above the rest as repeat nominees, while we've organized the rest by their amount of capital raised as of January, according to data from PitchBook. (We also asked VCs not to pick any of their own portfolio companies, and vetted the list to ensure they stuck to that rule.)
Without further ado, here are the 26 L.A. startups that VCs have their eyes on in 2022.
1. Whatnot ($225.4 million raised)
Whatnot was the name most often on the minds of L.A. venture investors—understandably, given its prolific fundraising year. Whatnot raised some $220 million across three separate funding rounds in 2021, on the way to a $1.5 billion valuation.
The Marina del Rey-based livestream shopping platform was founded by former GOAT product manager Logan Head and ex-Googler Grant LaFontaine. The startup made its name by providing a live auction platform for buying and selling collectables like rare Pokémon cards, and has since expanded into sports memorabilia, sneakers and apparel.
2. Boulevard ($40.3 million raised)
Boulevard’s backers include Santa Monica-based early-stage VC firm Bonfire Ventures, which focuses on B2B software startups. The Downtown-based company fits nicely within that thesis; Boulevard builds booking and payment software for salons and spas. The firm has worked with prominent brands such as Toni & Guy and HeyDay.
3. GOAT ($492.7 million)
GOAT launched in 2015 as a marketplace to help sneakerheads authenticate used Air Jordans and other collectible shoes. It has since grown at a prolific rate, expanding into apparel and accessories and exceeding $2 billion in merchandise sales in 2020. The startup sealed a $195 million funding round last summer that more than doubled its valuation, to $3.7 billion.
The Best of the Rest
VideoAmp ($578.6 raised)
Nielsen competitor VideoAmp gathers data on who's watching what across streaming services, traditional TV and social apps like YouTube. The company positions itself as an alternative to so-called "legacy" systems like Nielsen, which it says are "fragmented, riddled with complexity and inaccurate." In addition to venture funding, its total funding figure includes more than $165 million in debt financing.
Mythical Games ($269.4 million raised)
Seizing on the NFT craze, Mythical Games is building a platform that powers the growing realm of “play-to-earn games.” Backed by NBA legend Michael Jordan and Andreessen Horowitz, the Sherman Oaks-based startup’s partners include game publishers Abstraction, Creative Mobile and CCG Lab.
FloQast ($202 million raised)
FloQast founder Michael Whitmire says he got a “no” from more than 100 investors in the process of raising a seed round. Today, the accounting software company is considered a unicorn.
Nacelle ($70.8 million raised)
Nacelle produces docuseries, books, comedy albums and podcasts. The media company’s efforts include the Netflix travel series “Down To Earth with Zac Efron.”
Wave ($66 million raised)
A platform for virtual concerts, Wave has hosted performances by artists including Justin Bieber, Tinashe and The Weeknd. The company says it has raised $66 million to date from the likes of Warner Music and Tencent.
Papaya ($65.2 million raised)
Sherman Oaks-based Papaya looks to make it easier to pay “any” bill—from hospital bills to parking tickets—via its mobile app.
LeaseLock ($63.2 million raised)
Based in Marina del Rey, LeaseLock says it’s on a mission to eliminate security deposits for apartment renters.
Emotive ($58.1 million raised)
Emotive sells text message-focused marketing tools to ecommerce firms like underwear brand Parade and men's grooming company Beardbrand.
Dray Alliance ($55 million raised)
Based in Long Beach, Dray says its mission is to “modernize the logistics and trucking industry.” Its partners include Danish shipping company Maersk and toy maker Mattel.
Coco ($43 million raised)
Coco makes small pink robots on wheels (you may have seen them around town) that deliver food via a remote pilot. Its investors include Y Combinator and Silicon Valley Bank.
HiveWatch ($25 million raised)
HiveWatch develops physical security software. Its investors include former Twitter executive Dick Costollo and NBA star Steph Curry’s Penny Jar Capital.
Popshop ($24.5 million raised)
Whatnot competitor Popshop is betting that live-shopping is the future of ecommerce. The West Hollywood-based firm focuses on collectables such as trading cards and anime merchandise.
First Resonance ($19.4 million raised)
Founded by former SpaceX engineer Karan Talati, First Resonance runs a software platform for makers of electric cars and aerospace technology. Its clients include Santa Cruz-based air taxi company Joby Aviation and Alameda-based rocket company Astra.
Open Raven ($19 million raised)
Founded by Crowdstrike and Microsoft alums, Open Raven aims to protect user data. The cybersecurity firm’s investors include Kleiner Perkins and Upfront Ventures.
Fourthwall ($17 million raised)
When an actor faces the camera and speaks directly to the audience, it’s known as “breaking the fourth wall.” Named after the trope, Venice-based Fourthwall offers a website builder that’s designed for content creators.
The Non Fungible Token Company ($15 million raised)
The Non Fungible Token Company creates NFTs for musicians under the name Unblocked. Its investors include Jay Z’s Marcy Venture Partners and Shawn Mendez.
Safe Health Systems ($15 million raised)
Backed by Mayo Clinic Ventures, Safe Health develops telehealth software and offers tools for enterprises to launch their own health care apps.
Intro ($11.6 million raised)
Intro’s app lets you book video calls with experts—from celebrity stylists, to astrologists, to investors.
DASH Systems ($8.5 million raised)
With the tagline “Land the package, not the plane,” DASH Systems is a Hawthorne-based shipping company that builds hardware and software for automated airdrops.
Ettitude ($3.5 million raised)
With a focus on sustainability, Ettitude is a direct-to-consumer brand that sells bedding, bathroom textiles and sleepwear.
Afterparty ($3 million raised)
Along similar lines as Unblocked, Afterparty creates NFTs for artists and content creators such as Clay Perry and Tropix.
Heart to Heart ($0.75 million raised)
Heart to Heart is an audio-focused dating app that “lets you listen to the story behind the pictures in a profile.” Precursor Ventures led the pre-seed funding round.
Frigg (undisclosed)
Frigg makes hair and beauty products that contain cannabinoids such as CBD. The Valley Village-based company raised an undisclosed seed round in August.
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Thanks to a new bill passed on October 5, California drivers now have the choice to chuck their traditional metal license plates and replace them with digital ones.
The plates are referred to as “Rplate” and were developed by Sacramento-based Reviver. A news release on Reviver’s website that accompanied the bill’s passage states that there are “two device options enabling vehicle owners to connect their vehicle with a suite of services including in-app registration renewal, visual personalization, vehicle location services and security features such as easily reporting a vehicle as stolen.”
Reviver Auto Current and Future CapabilitiesFrom Youtube
There are wired (connected to and powered by a vehicle’s electrical system) and battery-powered options, and drivers can choose to pay for their plates monthly or annually. Four-year agreements for battery-powered plates begin at $19.95 a month or $215.40 yearly. Commercial vehicles will pay $275.40 each year for wired plates. A two-year agreement for wired plates costs $24.95 per month. Drivers can choose to install their plates, but on its website, Reviver offers professional installation for $150.
A pilot digital plate program was launched in 2018, and according to the Los Angeles Times, there were 175,000 participants. The new bill ensures all 27 million California drivers can elect to get a digital plate of their own.
California is the third state after Arizona and Michigan to offer digital plates to all drivers, while Texas currently only provides the digital option for commercial vehicles. In July 2022, Deseret News reported that Colorado might also offer the option. They have several advantages over the classic metal plates as well—as the L.A. Times notes, digital plates will streamline registration renewals and reduce time spent at the DMV. They also have light and dark modes, according to Reviver’s website. Thanks to an accompanying app, they act as additional vehicle security, alerting drivers to unexpected vehicle movements and providing a method to report stolen vehicles.
As part of the new digital plate program, Reviver touts its products’ connectivity, stating that in addition to Bluetooth capabilities, digital plates have “national 5G network connectivity and stability.” But don’t worry—the same plates purportedly protect owner privacy with cloud support and encrypted software updates.
5 Reasons to avoid the digital license plate | Ride TechFrom Youtube
After the Rplate pilot program was announced four years ago, some raised questions about just how good an idea digital plates might be. Reviver and others who support switching to digital emphasize personalization, efficient DMV operations and connectivity. However, a 2018 post published by Sophos’s Naked Security blog pointed out that “the plates could be as susceptible to hacking as other wireless and IoT technologies,” noting that everyday “objects – things like kettles, TVs, and baby monitors – are getting connected to the internet with elementary security flaws still in place.”
To that end, a May 2018 syndicated New York Times news service article about digital plates quoted the Electronic Frontier Foundation (EFF), which warned that such a device could be a “‘honeypot of data,’ recording the drivers’ trips to the grocery store, or to a protest, or to an abortion clinic.”
For now, Rplates are another option in addition to old-fashioned metal, and many are likely to opt out due to cost alone. If you decide to go the digital route, however, it helps if you know what you could be getting yourself into.
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