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Invoca's Offices Taken Over By 20,000 Honey Bees

socalTECH

In one of those strange moments to come out of the high tech world still in a pandemic, Santa Barbara-based Invoca--with its workers all temporarily working from home like the rest of the world apparently was taken over by 20,000 bees while people were away, according to the company.

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Snap Sees IPO Pop, Surges To Over $25.00 Per Share In Early Trading

socalTECH

The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. The company--which priced at $17.00 per share last night--opened at $23.71 billion each. READ MORE>>.

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Vista Equity Sells Majority Of Websense To Raytheon

socalTECH

Vista Equity Partners the private equity firm which as been gobbling up San Diego high tech companies and moving them to Texas--has agreed to sell 80 percent of Websense to defense company Raytheon , the three said today. billion in net cash for majority ownership of a new company, to be made of those two parts.

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Green Building

SoCal Tech Calendar

With the carrot in place and the stick coming, the industry is set to explode and it is huge: green building runs the gamut from high tech to innovative uses of low tech in order to reduce environmental impact, energy use and GHG, the ultimate goal being zero net energy use and no GHG emissions.

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Four Companies Where Hollywood Is Intersecting With Technology

socalTECH

Despite a perpetual belief that the presence of both high tech companies and Hollywood should be spawning out hundreds of entertainment and technology related startups, it actually happens much less than one might think.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

socalTECH.com has mined its proprietary database of high tech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region. com, and was CEO of Vivendi Universal Net USA. His team--which has followed him from his past firms--has a number of successes under their belt.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

TWTFelipe and everybody like him who want to start high-tech, green tech or other scientific companies in the US should be encouraged to do so. Friedman again in this weekend’s (Apr 3, 2010) NYTimes: “Between 1980 and 2005, virtually all net new jobs created in the U.S. But it wasn’t meant to be.