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Report: Tech Layoffs At Highest Level In Three Years

socalTECH

You may not see it here in Southern California's high tech sector--which has been booming, due to a surge of startup and accelerator activity--but apparently, the technology sector has seen its highest level of layoffs in three years, according to a report today. Image courtesy Bigstock.com READ MORE>>.

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Four SoCal Startups That Thrived Despite--or Because Of--Economic Downturns

socalTECH

There has been a lot of worry recently in the high tech industry and from venture investors about "headwinds" in the technology market, particularly with valuations of "unicorn" companies dropping, investors shying away from investing in rounds, and even employees looking for safer jobs. billion. >.

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Q3 Venture Investments For SoCal Total Around $1.0 Billion

socalTECH

According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Numbers from those firms usually differs--sometimes drastically--due to sources of information, timing of funding events, and classification of data.

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

Both Sides of the Table

In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. He started another company on the side while he was working during the day at a technology company. As a technologist he felt the US was “ground zero&# for technology innovation.

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What Mattered in 2010: Jim Andelman, Rincon Ventures

socalTECH

All this week, we are sharing the opinions of some of the top influencers in Southern California's high tech community. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. 1) Mobile web.

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Interview with Matthew Jenusaitis, OCTANe

socalTECH

Clearly, 2009 was not a good year, from the perspective of the technology innovation ecosystem. Technology and innovation has historically been the thing that has pulled the economy out of recessions, and I think that is especially true right now. For OCTANe to be successful, we want to see our technology ecosystem grow.

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America’s Entrepreneurial Innovation Needs Help

Startup Professionals Musings

The $30 billion trade surplus in advanced technology products that America enjoyed just one decade ago has now become a $56 billion deficit. In addition, due to Sarbanes-Oxley and other regulations, accounting costs have gone up an estimated four times for all businesses, and 2008-2009 represented the worst IPO market in forty years.

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