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Techstars Anywhere Inaugural Class Takes Virtual Graduation Walk

Xconomy

Today, however, the inaugural class of the 40th program—Techstars Anywhere—is graduating after completing an online Demo Day that capped the past three months of the program’s first “virtual accelerator.” “We

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Lymber, Founded in Early 2016, Surprised by Mindbody’s Buyout Offer

Xconomy

Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the San Diego mobile app developer. Lymber, named as a 2017 Xconomy San Diego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes.

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TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

San Diego-based TakeLessons set out nine years ago to create a Web-based platform that helped match music students with qualified instructors. TakeLessons also acquired Chicago-based Betterfly, which offered online vocational classes, DIY projects, and self-improvement courses like public speaking and personal life coaching.

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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. Another oft-mentioned concern about peer-to-peer lenders is that most members of the new class of lending companies have yet to prove their business model in the ultimate stress test —an economic downturn.

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Five Years After Y Combinator First Admits Biotechs, They’re Dug In

Xconomy

Five years ago, the big tech incubator Y Combinator started to welcome life sciences companies into its sizable startup classes, which had previously nurtured entrepreneurs in information technology almost exclusively. That opening to biotech startups in 2014 was controversial at the time.

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California Accelerators Enroll Startups Targeting Cannabis Industry

Xconomy

On Monday, nine startups began a 16-week program at Canopy San Diego , a new accelerator program for seed-stage companies developing new technologies, products, and services to support the legal cannabis industry. Entrepreneurs at work on first day of Canopy San Diego accelerator program.

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How Next-Gen Chipmakers Are Raising Money, Taking On Tech Giants

Xconomy

The advent of big fundraising rounds for startup chip innovators—a class shunned by most venture capital firms only a few years ago—seems to mark a turnaround in recent VC attitudes about semiconductor investments.