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Cal Net's OktoberTEK 2016

SoCal Tech Calendar

Wednesday, October 26, 2016 -- Cal Net's OktoberTEK 2016. Cal Net Technology Group's annual OktoberTEK event is our largest event of the year. This year’s event will be a business seminar and technology expo rolled into one. See www.oktobertek.com.

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What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

In fact, if you add the capital flows of the past ten years, there have been just shy of $50 billion in net cash outlays. Final upfront lp survey data 2016 from Mark Suster. However, they have been sending VCs far more investment checks in the last ten years than they’ve gotten back as distributions.

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The Five Major Tech Trends of 2016

Xconomy

As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. The Continued Growth of Cloud.

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NantHealth Hits $100M Revenue Mark

socalTECH

The company said its full 2016 year net revenues were $100.4M, an increase of 72% over the company's 2015 revenues of $58.3M. The company attributed the increase to the launch of its cancer testing product, GPS Cancer, in June of 2016; that's also when NantHealth had its successful IPO.

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Episona Gets $4M For Male Infertility Testing

socalTECH

According to Episona, the funding came from the Pasadena Angeles, as well as other high-net worth individuals from Pasadena and San Francisco. Episona has been offering up its test since October of 2016. Episona develops an epigenetic test which examines DNA for risk factors related to male factor fertility and poor embryo quality.

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Snap Loses $443M On Revenues Of $181M In Second Quarter

socalTECH

announced its quarterly results for its second quarter, saying that it had a net loss of $443.0M The company's revenues increased from Q2 of 2016, when it had $71.798M in revenues. Venice-based Snap Inc. on revenues of $181.67M for the quarter ended June 30th, 2017. READ MORE>>.

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Qualstar Continues To Look At Strategic Options

socalTECH

for the quarter ended December 31, 2016. The company reported a net loss of $1.2 Qualstar had a major layoff in March of 2016, along with other cost cutting moves, which looked to have most stemmed its quarterly losses. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M