Procore IPO back on track with new SEC filing
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Innovation Awards honorees announced; date set for live Zoom event and Startup Village
The 2021 Central Coast Innovation Awards special report was published and went out with the Feb. 26, 2021 print publication. Subscribers can also view the special report here (just click on the cover). To celebrate this year’s honorees, the Business Times—in collaboration with UC Santa Barbara Office of Technology & Industry Alliances—will showcase our winners Read More →
SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley
The U.S. Securities and Exchange Commission filed suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas, Timoleon Kabilafkas, Panagiotis Bolovis, Eric Read More →
Direct Relief launches new health equity fund with Scott’s $50M gift
MacKenzie Scott’s donation to Direct Relief equaled the largest in the organization’s history, at $50 million, and will go toward the Fund for Health Equity, a new project Direct Relief unveiled March 2. Scott announced in December that she was giving nearly $4.2 billion to 384 different charitable organizations in the United States. Direct Relief, Read More →
AppFolio posts loss in fourth quarter
AppFolio, a Goleta-based property management software company, failed to meet analysts’ expectations with a net loss in the fourth quarter of 2020. Analysts tracked by Zacks Equity Research had predicted earnings per share of 13 cents, similar to AppFolio’s performance in the fourth quarter of 2019. Instead, the company suffered a net loss of $513,000 Read More →
Dubroff: A new effort to drag Santa Barbara’s economy into the future
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Survey measures survival tactics of small businesses
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