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Power-One Revenues Surge On Solar Inverter Demand

socalTECH

Camarillo-based Power-One , which develops both photovoltaic inverters and other poser conversion products, saw its fourth quarter results surge on demand for its photovoltaic inverter products. According to the firm Thursday, it saw net sales of $366M for its quarter ended January 2, up 157 percent from the fourth quarter of 2009.

Demand 181
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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Entropic Communications Sees Jump In Revenues In Q2

socalTECH

San Diego-based Entropic Communications , a publicly held developer of semiconductors used in home entertainment and consumer electronics products, reported today that it had an increase of 56 percent in its second quarter net revenues, compared with last year. it had in Q2 of 2009, when it lost $4.3M. READ MORE>>.

.Net 140
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Cornerstone On Demand Updates S-1

socalTECH

The firm's latest S-1 shows that the firm had revenues of $32.572M for the nine months ended September 30th, and had a net loss of $31.4M, due to an accounting charge of $24.0M The revenues are up from the first nine months of 2009, when the firm had $21.2M due to the change in the fair value of its preferred stock warrant liabilities.

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Power-One Chops Another 300 Workers

socalTECH

Camarillo-based Power-One , which manufactures power supplies and power conversion products, disclosed Thursday that the firm has reduced its headcount by another 300 employees. The revelation came as part of the firm's Q2 2009 results, when the firm said it had net sales of $91.2M, a 39% decrease from the $149.3M READ MORE>>.

Layoffs 100
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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. If you want to run marketing campaigns you need to know who influences whom and in which product categories and geographies. Its net income for the 2009 period is $11.66 Net income was around $1.4

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Interview with Al Eisaian, IconApps

socalTECH

We built that and put it on the App Store on December 24 of 2009. Al Eisaian: We spent all of 2009 doing research with moms, having moms come into our Pasadena office and researching what things they wanted in the app. Al Eisaian: This time, I didn't build the product and then go test it. What's special about the application?

Mobile 168