Remove CalTech Remove Patents Remove Web Remove Yahoo
article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. Both graduates of one of the most premier science institutions in the United States: Caltech. acquired Overture for $1.63 billion (Upfront Ventures was an early Overture backer). Yes, Google won.

article thumbnail

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

To say he has had an impact on the web would be an understatement. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. Overture was sold to Yahoo! We talked about patents.