Remove Capital Remove San Diego Remove SpaceX Remove Startup
article thumbnail

Who's In Southern California's Unicorn Club?

socalTECH

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. SpaceX (www.spacex.com). SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports.

article thumbnail

Record Exit Value for VC-Backed Startups Could Fuel Investment

Xconomy

More than a third of the companies that went public in the first half of this year were backed by venture capital. That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DFJ Co-Founder Jurvetson Exits Firm Amid Harassment Charges

Xconomy

One of Silicon Valley’s most prominent venture capital firm founders has joined the list of VCs who departed from their positions this year in the wake of sexual harassment allegations. He was named to board seats at Elon Musk’s companies Tesla (NASDAQ: TSLA ) and SpaceX, as well as Craig Venter’s Synthetic Genomics. I am leaving DFJ.

Draper 49
article thumbnail

Equidate, Re-Named Forge Global, Boosts Series B to $85M

Xconomy

Equidate, one of the trading platforms that help employees sell their shares in pre-IPO unicorn companies, rolled out a new name today and announced a $35 million expansion of its $50 million funding round publicized in July.

article thumbnail

Bio Roundup: Opioid Exposé, Gilead’s Gambit, Life Science IPOs & More

Xconomy

The opioid crisis reaches all corners of the nation, and newly released data this week revealed how the growth of the epidemic tracked with a massive increase in the production and distribution of these drugs. From 2006 to 2012, the number of pills distributed to pharmacies increased by more than 50 percent.

Report 93