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Aptera Is Back, With Solar Powered Car

socalTECH

San Diego-based Aptera , the latest reincarnation of an electric car maker started in 2005, has announced a new, solar powered car, which recharges from the sun, and not from a plug. Aptera announced its new Paradigm "solar electric vehicles" last week, which it says it is now offering up for reservations. READ MORE>>.

San Diego 113
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Viridos In Algae Biofuels Effort With ExxonMobil

socalTECH

Viridos was foudned in 2005 and has been working on synthetic, engineered microalgae intended to improve the production of biofuels. The company says its biofuels are aimed at substantially reducing greenhouse gas emissions for transportation. Financial details of the deal were not announced.

Product 113
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San Diego’s KnuEdge, Stealthy Since 2005, Unveils Neural Tech

Xconomy

After operating in the shadows for the past 11 years, a San Diego neural technology company founded by former NASA administrator Dan Goldin is stepping into the light to introduce two commercial products intended to advance the frontier of human-machine interaction.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Round sizes of > $100 million or more now account for 47% of all VC dollars (62% if you count rounds > $50 million) This has made venture capital significantly more valuable for VCs and LPs who invest in the best companies As part of our study we noticed a trend many have spotted but few have explained?—?why

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Sonos Hardware Plan Casts Doubts On The Smart Home

socalTECH

The new plan announced by Santa Barbara-based Sonos to essentially "brick" all of its legacy products , is casting doubt on the lifetime of "smart homes" , as loyal, early adopters of the company's products are faced with having to throw away their speakers and other hardware. READ MORE>>.

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TeleSign Names Co-Founder To CEO Post

socalTECH

Los Angeles-based TeleSign , which develops customer identification products, including two factor authentication and other related products, has named co-founder Ryan Disraeli as its CEO, the company said on Thursday. Disraeli co-founded TeleSign with Stacy Stubblefield and Darren Berkovitz in 2005.