"We have incurred net losses each year since our inception and we may not be able to achieve or maintain profitability in the future."
The packaged consumer goods company, founded by actor Jessica Alba and serial entrepreneur Brian Lee in 2011, filed Friday to go public. Senior Reporter Ben Bergman has details from the filings.
Workers at Amazon warehouse in Alabama reject unionization.
Disney makes its pick for next ABC News president.
Apple hires former Warner exec as part of film push.
'Bro Culture' at camera maker Verkada pushed profits, parties.
Uber, Lyft use rides to vaccines to get drivers, customers back on the platform.
Senators criticize Apple's refusal to testify in hearing on app store rules.
Elon Musk's Neuralink drops video showing a monkey with a brain-chip playing a videogame by thinking.
Venture funding soared to record $64 billion in Q1.
Jessica Alba's Honest Co. Files for IPO
Selling everything from eco-friendly diapers to skincare products, Honest Co. has never turned a profit. The Santa Monica-based brand is seeking to raise $100 million by going public. Read more>>
Dodger Fans Finally Get to Experience $100 Million in Stadium Upgrades
For the first time since 2019, Dodger fans will be welcomed through the stadium's turnstiles.Those lucky enough to be in attendance will not only get to see the boys in blue in the flesh, but also get to experience a stadium significantly updated for the digital era. Read more>>
Community Raises $40 Million For Their Celebrity Texting Service
Community, the L.A.-based tech startup whose platform enables mass text-messaging to fans and customers from artists, celebrities and brands, announced Friday it has raised $40 million from Salesforce Ventures. Read more>>
What Is a SPAC?
The SPAC, or special purpose acquisition company, is the most recent IPO craze to hit Wall Street. On this installment from our "dot.LA Explains" series, host Kelly O'Grady runs through what you need to know. Read more and watch here>>
Nominate Your Startup for Our Upcoming Intersect LA Pitch Showcase!
We're looking for Southern California startups in the media, entertainment and gaming industries that have a product on the market and have raised less than $1 million in funding. We want your thoughts on the most promising, innovative, forward-thinking startups in these sectors to pitch at dot.LA's inaugural media summit.
Guest judges and advisors from the venture capital community will be announced soon. Contact Annie@dot.LA with any questions.