Coronavirus Updates: SoCal Tech Joins Forces for Hospitals; Elon Musk's Threat to Leave California

Coronavirus Updates: SoCal Tech Joins Forces for Hospitals; Elon Musk's Threat to Leave California

Here are the latest headlines regarding how the novel coronavirus is impacting the Los Angeles startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for the latest updates.

Today:

  • Elon Musk's tweet storm catches the attention of Treasury Secretary Steven Mnuchin
  • How L.A. Startups Are Collaborating to Get Aid To Local Hospitals

How L.A. Startups Are Collaborating to Get Aid To Local Hospitals

Rachel Uranga

Jiake Liu is the founder of a startup outdoor furniture company, but lately he feels like he's running a second company one that's helping supply local hospitals with thousands of protective masks and, in the process, rallying Los Angeles' tech community.

Liu started SoCal Tech for Hospitals in early March with the goal of raising $60,000 to purchase 30,000 masks for hospitals facing shortages. He's now helped raise nearly $200,000, delivered 50,000 hospital-grade masks and is looking to up the ante with the region's vast tech community to do good beyond the pandemic.

Over the past months, he's enrolled some of the most well-known startups in town to pitch in for the logistical effort of distributing the masks. After the workday ends, Liu jumps on the phone with other founders to orchestrate the effort.

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Elon Musk's tweet storm catches the attention of Treasury Secretary Steven Mnuchin

upload.wikimedia.org

Elon Musk's Twitter rant over the weekend that he wants to move Tesla and SpaceX out of California so he can resume production prompted some notable responses.

California Assemblywoman Lorena Gonzalez (D) responded to the post by tweeting "F*ck Elon Musk." And on Monday morning, the billionaire entrepreneur got some support from Washington. Treasury Secretary Steven Mnuchin told CNBC that he agrees with Musk, calling him "one of the biggest employers and manufacturers in California, and California should prioritize doing whatever they need to do to solve health issues so that he can open quickly and safely."

Musk has been a vocal critic of lockdown measures in California, which he has called "de facto house arrest." He threatened to move his companies to Nevada or Texas on Saturday after an Alameda County Health officer said she wants Tesla's Freemont factory to remain closed for the time being as the state slowly reopens manufacturing sites. The tweet storm came just a few days after Musk vowed to sell all of his homes and most of his belongings in an effort to obtain what he called "freedom."

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Diankha Linear on How Community Is Revolutionizing Text Marketing

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

​Diankha Linear
Diankha Linear

On this episode of Office Hours, Community CEO Diankha Linear joins host Spencer Rascoff to discuss her foray into the startup world and the strategic approaching to scaling up.

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admin@dot.la

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M
This Week in ‘Raises’: ContractSafe Inks $27.5M, Deal Box Collects $125M

A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.

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