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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges. Distinguish growth opportunities from survival efforts, and make sure they are adequately funded, rewarded, and measured. Hone your process for due diligence and integrating these new elements.

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Amonix Cuts Staff

socalTECH

Heavily backed, concentrating solar photovoltaic technology developer Amonix , which is based in Seal Beach, is set to lay off 76 workers across its offices in California, according to regulatory filings with the state. The company also had received a $90M Department of Energy loan guarantee. READ MORE>>.

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Report: Verari Systems Shuts Down

socalTECH

San Diego-based Verari Systems , a developer of blade server technology, has shut down, according to publication InsideHPC. According to InsideHPC, Verari Systems shut down due to lack of access to capital. Tags: verari systems blade server shutdown employment jobs layoff. READ MORE>>. READ MORE>>.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic. Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. Divergent 3D and Czinger Vehicles are wholly owned subsidiaries under Divergent Technologies. A core team remains, he said.

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Ryan Blair, HashtagOne: From Gang Member, To Entrepreneur, To Anti-VC

socalTECH

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). Ryan Blair: The theme around the fund is pretty simple. So where is the fund now?

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. —The U.S. PRICE FIGHTS.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

To boost the initiative, which aims to speed the pace of cancer research, FDA said it would consolidate its cancer review divisions under the Oncology Center of Excellence. The technology was funded by the Department of Defense and comes from MIT’s Lincoln Lab. PureTech also bucked the Brexit fallout this week.