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Qualcomm Agrees To Settle Gender Discrimination Suit For $19.5M

socalTECH

San Diego-based Qualcomm Incorporated has agreed to pay $19.5M to settle a gender discrimination suit, filed on behalf of its employees, according to class action law firm Sanford Heisler LLP. Sanford Heisler said it had filed the lawsuit on behalf of approximately 3,300 women.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

Geographically our strategy is to fund about 50% of our deals in Southern California (from San Diego to Santa Barbara) and 50% of our deals on a national basis. Whereas the first two funds I was involved in helping raise each took more than a year this fund was less than 6 months. Why do they invest in venture capital?

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Interview with Ken Rutkowski, The Founder Institute

socalTECH

The Founder Institute (www.founderinstitute.com), an entrepreneurial training program that originally launched by Adeo Ressi in Silicon Valley, recently announced that it is setting up shop in Southern California, with branches both in San Diego and Los Angeles. Ken Rutkowski is the man making happen here. As President of the L.A.

Mentor 185
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Interview with Bong Koh, LifeCrowd

socalTECH

Earlier this month, Los Angeles-based LifeCrowd (www.lifecrowd.com) unveiled its service to help connect people with real life activities. The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting classes, activities, and more in the local area. What's the next big milestone for you?

Startup 271
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Interview with Marc Friedmann, SciVee

socalTECH

Marc Friedmann: SciVee serves the STM - Science, Technical, Medical - market. That helps the reader figure out what are the key elements of the research, and whether the reader wants to spend more time digging into the article. They were looking for a technically knowledgeable person who had a strong business background.

Journal 124
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Interview with Ramit Varma, Revolution Prep

socalTECH

I had worked as a tutor for Princeton Review, and Jake for Kaplan. We thought, we could put out a better product than Kaplan or Princeton Review, which would be more compelling, and also would tie in a strong social mission. Some of the biggest school districts, including LA Unified, San Diego, and Oakland all use our software.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

The first-ever Silicon Beach Fest attracted more than 2,000 attendees from LA, San Francisco, San Diego, Santa Barbara, New York, Toronto, and London to celebrate LA startups and entertainment with panels, parties, pitch fests, hackathon, and beach games: volleyball, basketball and surfing lessons in Santa Monica and Venice on June 21-23, 2012.