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Uber Rejiggers App to Highlight Its Bikes, Scooters in San Diego

Xconomy

San Diego is one of two metropolitan areas in which ride-hailing giant Uber has reformatted its mobile app to make it simpler for users to rent an electric bicycle or scooter. Uber also facilitated e-scooter rentals from Lime, a mobility company in which Uber has invested and, at times, been rumored to be considering for acquisition.)

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. Gilbert instead describes National Funding as “a balance sheet lender,” explaining that it retains loans on its books instead of selling its loans to another financial institution or individual investor at a discount.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Orchard for e-Books”. Competitors: SmashWords , Google Books. Estimated 15mm downloads to date. They sponsor TWiVC. LibreDigital.

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Fintech Lender Uses Profitability to Step Out from Industry Cloud

Xconomy

In contrast to some alternative lenders, the San Diego firm said it is growing fast and is consistently profitable. Gilbert instead describes National Funding as “a balance sheet lender,” explaining that it retains loans on its books instead of selling its loans to another financial institution or individual investor at a discount.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

I bought a book and I learned how to program macros and build spreadsheets. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. So I did that kind of stuff.

Startup 337
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How a War on Climate Change Could Restore Economic Growth in America

Xconomy

But we also wouldn’t invest in battling climate change unless we were motivated by a belief that everyone—in current and future generations—deserves an equal shot at a safe, healthy, prosperous life on this planet. If you haven’t read the Gordon book or the McKibben article, well, you’re in luck: I’m about to summarize them here.

Class 40
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After “Hubris” and Its HCV Collapse, Can Vertex Avoid Same Mistakes?

Xconomy

They are on more solid footing than they were, but there’s no such thing as solid footing in this industry,” says Rajeev Shah, a managing director at biotech investment firm RA Capital, which had been a Vertex investor but no longer is. Has Vertex has learned from its past missteps?

Startup 40