I spent last night at a private technology/venture capital networking event in West LA last night, and in speaking with more than a few entrepreneurs have been pleasantly surprised to find that Southern California (and in particular, West Los Angeles) has become — as I think of it — a startup destination. What I mean [...]
At a recent Orange County Venture Group event, focused on the experience of Entropic on the IPO market, one of the panelists, investment banker Ernie Ruehl of Credit Suisse, made the comment that when you file a registration statement, “you’re putting a ‘for-sale’ sign on the company.” In fact–in my own discussions with CFOs, investment [...]
The Financial Times just ran an article today commenting on Southern California’s increasing presence in the technology world. From Silicon Valley investors discover LA’s star appeal: After two decades watching their neighbours in Silicon Valley attract more venture capital investment than anywhere else in the US, companies in southern California are making a comeback. Successive [...]
We’ve just posted a new article to our Insights and Opinions section, about The Rookie Advantage. This article comes from a well regarded, local executive (who has been involved in a couple of successful IPOs and a number of mergers & acquisitions here in SoCal)–but who wants to remain anonymous. How Rookies and Startups Can [...]
I’ve been quite interested to speak to a number of entrepreneurs recently, who have either recently raised some angel or venture capital, or are in the process of raising some money. They’ve all told me something — which (given the number of people looking for funding, and the correspondingly smaller number of sources of capital) [...]
We live in a world where people are constantly bombarded by a constant barrage of information — and always have been. However, in this day and age there seems to be an increase in the sheer amount of information fed to us through electronic means. Everyone is familiar with the idea of “information overload” — [...]
Some of the latest positions posted to socalTECH’s Job Board: VP International, eHarmony.com (Pasadena) VP, Internet Content and Community, eHarmony.com (Pasadena) Marketing Director, Paragon Software (Irvine) E-Commerce Account Executive, New Age Electronics (Long Beach) Product Manager, Ixia (Calabasas) Senior User Interface Designer, Fandango (Los Angeles) Content Curator/Editor, LOUD3R (Anywhere) Linux System Administrator (Irvine) SEO Project [...]
EETimes is reporting today that Westlake Village-based Inphi is eyeing both acquisitions, and an IPO in 2009 on the Nasdaq. Inphi develops high speed semiconductors for the communications market. Inphi is venture backed by Cadence Design Systems, Dali-Hook Partners, Flextronics, Mayfield, Tallwood Venture Capital, and Walden International.
Fisker Automotive — the Orange County hybrid electric car company headed by automotive designer Henry Fisker — has just been sued by Tesla Motors, the Elon Musk-funded, Silicon Valley electric car company. The New York Times has the details. Both companies are well funded by venture capital firms — Tesla’s backers also include Draper Fisher [...]
Some events of note coming up: Tomorrow the Orange County Venture Group has the team from Entropic Communications — one of the notable recent IPOs from Southern California — talking about their IPO process. They’ve got Patrick Henry, the firm’s Chairman and CEO; Lance Bridges, VP Corporate Development and General Counsel; plus their investment banker [...]
Thoughts and commentary from Benjamin F. Kuo, publisher of socalTECH.com.
