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XCOR Aerospace Fails To Launch, Lays Off Rest Of Employees

socalTECH

Among a largely successful rush to establish a vibrant commercial aerospace industry in Southern California, it appears one company--Mojave-based XCOR Aerospace --has failed to launch. XCOR has apparently laid off all of its employees , due to the inability of the company to raise money.

Fandango 113
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Report: XCOR's Customers Still Holding Out For Refunds

socalTECH

XCOR filed for bankruptcy in 2017 , after failing to both gain additional investors to fund its development, and also failing to ever launch a single vehicle into space. The Times report says that there are 282 ticket holders hoping for something back from the failed firm. XCOR first received seed funding in 2005.

Customer 113
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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. You may still fail but at least you’ll have less chance of failing for the wrong reasons. But that’s harder to build in 2016 than it was in say 2005. Why have so many before you failed? Do you think nobody has tried to better IMDB?

Startup 150
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Why A Cellular Carrier Did Not Buy Skype - Watching A Big Dumb Company Fail In Real Time

InfoChachkie

billion caused me to recall an awkward meeting I had in 2005 with a particularly clueless group of cellular executives. Cool stuff for circa 2005, unless you were an idiot working for a cellular carrier. The recent purchase of Skype by Microsoft for $8.5 Their utter stupidity is a bit disheartening, but highly instructional.

Company 193
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6 Sweet Spots That Have Sustained Many Great Startups

Startup Professionals Musings

Steve Jobs summarized his intrinsic motivation way back in 2005 at Stanford in a talk titled “ How to Live Before You Die.” In fact, most investors are wary of anyone who claims to have never failed, reading that claim as an indication of too much caution, or not able to face their own reality. Do it for meaning.

Startup 144
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Oversee.net Sues Former Employee of SnapNames

socalTECH

Oversee.net said the lawsuit came after efforts to settle privately with Brady to recover its losses--including the rebate fund the form was force to establish to refund buyers of domains on SnapNames--failed. Oversee also said it had also reported Brady's conduct to the US Attorney's Office and to the Federal Trade Commission in November.

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Broadcom: Qualcomm In Contempt, Again

socalTECH

Broadcom also said that Qualcomm has failed to pay royalties on legacy EV-DO chips, also violating the injunction. in May 2005. According to Broadcomm, Qualcomm has been ordered to retrieve the chips, and destroy them, or to pay Broadcom Qualcomm's gross profits on the sales. Broadcom sued Qualcomm over U.S. 5,657,317 in the U.S.

Patents 100