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Silicon Beach Report May 24: Justice Department Launches Cryptocurrency Probe

L.A. Business Journal

Justice Department investigates cryptocurrency and price manipulation; PeerStreet passes $1 billion mark in real estate loans; UCLA Magnify looks for tech and life science startups.

UCLA 100
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One Lambda Acquired By Thermo Fisher Scientific For $925M

socalTECH

Thermo Fisher Diagnostic said the purchase price includes a three year retention program and one-year earnout dependent on financial targets. One Lambda was founded in 1984, based on technology developed at UCLA in the labs of UCLA professor Paul Terasaki; the firm's co-founder, President, and CEO is George M. READ MORE>>.

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Gevo Raises $107M In IPO

socalTECH

Gevo , the biofuels technology startup spawned out of technology at Caltech and UCLA, has raised $107M in an IPO this morning. GEVO priced at the high end of its estimated pricing range of $13 to $15, selling 7.5 The stock was trading as high as $17.50 in morning trading. million shares of its common stock.

CalTech 174
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Announcing the agenda for TC Sessions: AR/VR in LA on October 18

TechCrunch LA

TechCrunch is heading to UCLA on October 18 and we’ve assembled some of the AR/VR industry’s most prescient founders, investors and executives to chat about the startups and trends driving virtual and augmented reality in 2018. UCLA, Los Angeles // October 18. See full agenda here. Kickstarting an Industry.

UCLA 185
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Entrepreneur Association Conference

SoCal Tech Calendar

Friday, May 11, 2012 -- Entrepreneur Association Conference. 15 percent discount for SOCALTECH readers.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Our research revealed a saturation level causing unprecedented challenges, starting with exorbitant housing prices and runaway operating costs that accelerate a startup’s “burn rate”—its monthly spending. Suster has also noted for years that the region produces more technology doctorates than any other geography in the United States.

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Survios president and co-founder Nathan Burba is joining us at TechCrunch Sessions: AR/VR

TechCrunch LA

Burba will be joining us at TC Sessions: AR/VR on October 18 at UCLA. Purchase your Early Bird tickets here for just $99 and you’ll save $100 before prices go up! Back in 2016, the company raised $50 million in a round led by MGM. Students get a special rate of just $45 when they book here.