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Vitesse CFO To Retire

socalTECH

Yonker has been at the firm since 2006, and was in charge of the major restructuring of the firm's finances after the company was caught up in stock options dating issues. Vitesse also announced its quarterly results Thursday, saying it had net loss of $9.0M That compared with a net loss of $34.0M on revenues of $36.9

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Southern California Leads In Green Businesses, Says Report

socalTECH

billion invested in cleantech venture capital in the state since 2006. The report said that it found 177,000 new businesses established in California between 1995 and 2008, and 118,00 closed, for a net increase of 58,500 businesses in the region.

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

Both Sides of the Table

By 2006 he had received proper authorization to move back to the US to join a company in the town I grew up in: Sacramento, California. In 2006 we sold the company to a French services company. Friedman again in this weekend’s (Apr 3, 2010) NYTimes: “Between 1980 and 2005, virtually all net new jobs created in the U.S.

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Snap's Big Winners: Spiegel, Murphy, Laskey, Benchmark, Lightspeed

socalTECH

Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock. READ MORE>>.

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Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

socalTECH

Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock. READ MORE>>.

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First Round Funding Terms and Founder Vesting

Both Sides of the Table

2006 was the last time I went out to raise venture capital. This was pre Venture Hacks so not a lot of help on terms on the Net. I had multiple term sheets to do my Series A financing. Many had the typical investor-friendly terms where entrepreneurs would get screwed and not even understand how they got screwed until many years later.

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Interview: Thorsten von Eicken of RightScale

InfoChachkie

I thought the analogy was preposterous back in 2006-2007 but it has become obvious. In the summer of 2006 over a cup of Peet’s Coffee, you told me about this new thing called “cloud computing” and that you were trying to come up with a creative way to incorporate it into the curriculum of your upcoming UCSB Computer Science class.