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Aptera Is Back, With Solar Powered Car

socalTECH

San Diego-based Aptera , the latest reincarnation of an electric car maker started in 2005, has announced a new, solar powered car, which recharges from the sun, and not from a plug. Aptera announced its new Paradigm "solar electric vehicles" last week, which it says it is now offering up for reservations. READ MORE>>.

San Diego 113
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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

You might like to think that a bunch of savvy venture capitalists saw a market niche for raising smaller funds or perhaps there was a generational shift where disgruntled junior partners spun out of bigger firms to start their own gigs. Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%.

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Want to Know How First Round Capital was Started?

Both Sides of the Table

What people don't know is how First Round got started and often people know less about the amazing background of one of its co-founders, Howard Morgan (everyone tends to know Josh Kopelman as one of the highest profile players in our industry overall). I'm a huge fan of this innovation. and Half.com.

Capital 284
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Yahoo Axes Upcoming.org

socalTECH

Upcoming.org , an online service which was started in Los Angeles, and acquired by Yahoo in 2005, is shutting down, according to Yahoo in an announcement over the weekend. Upcoming.org''s founder posted a long diatribe on Yahoo''s shutdown of his creation Friday.

Yahoo 133
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KnuEdge, Backed By $100M, Launches Voice Recognition Software

SoCal Tech Calendar

Goldin became head of NASA in 1992, and started KnuEdge in 2005; he also spent 25 years at TRW, and had started his career at NASA in 1962. The company said its technology can recognize a human voice, even in extremely noisy environments, and even in a room full of people talking nearby. READ MORE>>.

Software 100
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Stickam Shuts Down

socalTECH

Stickam had been founded in 2005. a year to allow them to livestream themselves to an audience, but apparently, those measures did not change the economics behind what had started as a free service. The Los Angeles-based company said that it "did everything we could to keep this dream alive", but was "sad to have to say goodbye."

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Xirrus Acquired By Riverbed

socalTECH

The acquisition comes just over 12 years after Xirrus was founded by Dirk Gates in 2005. The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers. READ MORE>>.