More layoffs at Mindbody as tech firms downsize
For the second time in two and a half years, San Luis Obispo-based Mindbody has laid off a portion of its workforce, this time following a trend of technology companies across the country beginning to downsize. Mindbody, a cloud software company for the fitness industry, announced Oct. 26 that it would lay off an unspecified Read More →
P3 trains pros and amateurs alike in Santa Barbara
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UCSB’s mega-dorm gets smaller
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Olaplex shares plummet after company cuts guidance
Shares of Montecito-based Olaplex dropped more than 50% on Oct. 19 after the hair care products company slashed its revenue guidance for the full 2022 fiscal year fiscal. Olaplex shares closed at $4.24 on Oct. 19, down 56.7% from the previous day’s close. The company released preliminary third quarter earnings on Oct. 18, with executives Read More →
Biden’s announcement has region’s cannabis companies seeing green
Glass House Brands purchased Houweling’s Tomatoes greenhouses in Camarillo with the hopes of growing and selling cannabis not just for the state of California, but for the entire country. After president Joe Biden’s announcement on multiple cannabis issues Oct. 6, including potentially removing the drug from the most restrictive tier of federal controls, that hope Read More →
Santa Barbara, Ventura to keep streets closed, outdoor dining open through at least 2024
Lower State Street will remain closed to vehicle traffic for at least two more years, and restaurants will likely start paying for their outdoor dining “parklets,” according to new requirements recently adopted by the Santa Barbara City Council. In the tri-county area, only the cities of Santa Barbara and Ventura have left their main downtown Read More →
In the region and the nation, women get a tiny share of venture capital dollars
When Haley Pavone, the founder of San Luis Obispo-based Pashion Footwear, pitches to investors, hoping to gain new capital to scale her already successful business, she usually has one obstacle: convincing men to see the same need in the market she sees. Pashion Footwear makes convertible heels — shoes with removable heels so they can Read More →
