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What to Know About Sweetgreen's Closely Watched IPO

Sweetgreen, the Culver City salad chain that aims to double in size over the next five years, is gearing up for its closely watched debut on the New York Stock Exchange. Here's everything you need to know about the greens purveyor — from its founders' special shares to its lack of profits — before trading is expected to kick off on Thursday. Read more >>

Here's what else we're reading in the news:

Is Sweetgreen a Tech Company?

By Harrison Weber

However you classify it, Sweetgreen says its "brand, technology and supply chain" set it apart, enabling the firm to "rapidly scale Real Food." Sweetgreen whimsically described this strategy as "a balance of art and science." However, co-founder and CEO Jonathan Neman declared in a dot.LA interview last year that the firm "is not a tech company."

First VR Pain Treatment Device to Get FDA Approval

By Keerthi Vedantam

For the first time, a virtual reality device to address pain has received approval from the Food and Drug Administration. Los Angeles-based therapeutic virtual reality startup AppliedVR's device to ease chronic lower back pain gained FDA approval this week.

Ketamine Injections Offer 'Blueprint' for New Anti-Depressive Drugs

By Keerthi Vedantam

Once known as a club drug, ketamine is now available as an at-home treatment for depression and anxiety. An L.A.-based concierge service is partnering with Pasithea Pasithea, a Florida-based biotech company focused on therapies for psychological and neurological disorders, to deliver treatments for those whose anxiety, depression or PTSD is too crippling for them to leave the house.

Elude Raises $3M to Let Millennials and Gen Z Get Away — Cheaply

By Decerry Donato

Air travel is picking back up but millennials and Gen Z-ers are still hungry for a deal. Elude, the Los Angeles-based travel startup, announced Wednesday that it received $3 million in funding led by ATX Venture Partners.

Martha Notaras on Making a Good Living from (Sometimes) Boring Companies

The insurance business is having a moment as new technology and big data disrupt the space. Martha Notaras, managing partner at Brewer Lane, is placing her bets in fintech and insurtech companies. She joined this episode of the LA Venture podcast to talk about the future of insurance.

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