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Reflections on 2020: Aaron Fyke, Thin Line Capital

socalTECH

Today, we have Aaron Fyke , Founder and Managing Partner of Thin Line Capital (www.thinlinecapital.com). Thin Line Capital successfully reached the final close of its first fund. I have been able to work closer with my entrepreneurs, as well as closer with other incubators and accelerators than would have been the case.

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Texas Incubator Lures Away LA Startup

socalTECH

Capital Factory , a business incubation program based in Austin, Texas, has lured away a Los Angeles startup, Homstie , which operates an online marketplace which helps people find places to store their stuff. The person-to-person marketplace was started by a number of UCLA undergraduates.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

We’ve also seen a substantial inflow of venture capital from all over the world.”. Caltech generates more patents than any other university while UCLA boasts more startups founded by its graduate than any other school in the nation. In fact, as is well-reported, the luster of Silicon Valley is fading.

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Accelerator Crazy In Southern California

socalTECH

In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Specifically targeted at clean techonlogy firms, the group has more of a traditional incubator program, offering up office space for 6-8 companies, along with support, resources, and mentorship.

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Clearstone Portfolio Firm Cetas Acquired By VMware

socalTECH

Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. Santa Monica-based Clearstone Ventures has had another exit in its portfolio, this time with the acquisition of Cetas , a developer of cloud data analytics software, by VMware. Financial terms of the acquisition were not disclosed.

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New Group Looks To Bridge Gap Between Research, Companies

socalTECH

The new group, The Tech CEO Network , said it is looking to help bridge between the technology present at local schools like Caltech, UCLA, USC, UC Irvine, and other universities, and actual, viable companies. The founders of the group, Richard Koffler and John Morris , are two well known investors in the Los Angeles area.

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New Bootstrap Fund Pulls Itself Up in World of Health IT Deals

Xconomy

Healthtech entrepreneur Parker Hinshaw and his wife Jean Balgrosky said they intended to take a step back when they founded Bootstrap Incubation near San Diego in the fall of 2012. We started the incubator with the idea of helping people with ideas, and making some investments,” he said. Jean Balgrosky.