Catch Up On This Week's Top 5 Stories With Our Video Recap

Kelly O'Grady
Kelly O'Grady is dot.LA's chief host & correspondent. Kelly serves as dot.LA's on-air talent, and is responsible for designing and executing all video efforts. A former management consultant for McKinsey, and TV reporter for NESN, she also served on Disney's Corporate Strategy team, focusing on M&A and the company's direct-to-consumer streaming efforts. Kelly holds a bachelor's degree from Harvard College and an MBA from Harvard Business School. A Boston native, Kelly spent a year as Miss Massachusetts USA, and can be found supporting her beloved Patriots every Sunday come football season.
Catch Up On This Week's Top 5 Stories With Our Video Recap

What's going on with L.A.'s tech and startup community? A lot! dot.LA chief host and correspondent Kelly O'Grady takes you through the key points of the top five headlines from this week. Don't miss out on the essential news you need to know:

  • UCLA's Cheap New $10 COVID Test Can Process Results in One Day
  • House Democrats Say Facebook, Amazon, Alphabet, Apple Enjoy 'Monopoly Power'
  • Top Talent is Looking for Safety in an Unstable Economy
  • Top Women Esports Players Earn Far Less Than Men
  • Presence Fit Expands to Bring Live Fitness Classes to Your Phone


    Weekly Recap: UCLA's $10 COVID Test, Big Tech in Antitrust Trouble & More!www.youtube.com


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      Los Angeles’ Wage Growth Outpaced Inflation. Here’s What That Means for Tech Jobs

      Samson Amore

      Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

      Los Angeles’ Wage Growth Outpaced Inflation. Here’s What That Means for Tech Jobs

      Inflation hit cities with tech-heavy workforces hard last year. Tech workers fortunate enough to avoid layoffs still found themselves confronting rising costs with little change in their pay.

      Those national trends certainly touched down in Los Angeles, but new data from the Bureau of Labor Statistics (BLS) show that the city of angels was the only major metro area that saw its wage growth grow by nearly 6% while also outpacing the consumer price index, which was around 5%. Basically, LA was the only area where adjusted pay actually came out on a net positive.

      So, what does this mean for tech workers in LA County?

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      https://twitter.com/samsonamore
      samsonamore@dot.la

      Energy Shares Wants to Offer You a Chance to Invest in Green Energy Startups

      David Shultz

      David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

      Energy Shares Wants to Offer You a Chance to Invest in Green Energy Startups
      Photo by Red Zeppelin on Unsplash

      The Inflation Reduction Act contains almost $400 billion in funding for clean energy initiatives. There’s $250 billion for energy projects. $23 billion for transportation and EVs. $46 billion for environment. $21 billion for agriculture, and so on. With so much cash flowing into the sector, the possibilities for investment and growth are gigantic.

      These investment opportunities, however, have typically been inaccessible for everyday retail investors until much later in a company’s development–after an IPO, usually. Meaning that the best returns are likely to be captured by banks and other institutions who have the capital and financing to invest large sums of money earlier in the process.

      That’s where Pasadena-based Energy Shares comes in. The company wants to help democratize access to these investment opportunities and simultaneously give early-stage utility-scale energy projects another revenue stream.

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      Why These Ukrainian Entrepreneurs Are Making LA Their Home

      Aisha Counts
      Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
      Why These Ukrainian Entrepreneurs Are Making LA Their Home
      Joey Mota

      Fleeing war and chasing new opportunities, more than a dozen Ukrainian entrepreneurs have landed in Los Angeles, finding an unexpected community in the city of dreams. These entrepreneurs have started companies that are collectively worth more than $300 million, in industries ranging from electric vehicle charging stations to audience monetization platforms to social networks.

      Dot.LA spent an evening with this group of Ukrainian citizens, learning what it was like to build startups in Ukraine, to cope with the unimaginable fear of fleeing war, and to garner the resilience to rebuild.

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