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Diversis Capital Raises $675M Fund

socalTECH

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The company said it reached the $675M in commitments just three months after its formal launch.

Capital 113
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ViaSat In $34M Contract Award

socalTECH

Carlsbad-based ViaSat , the satellite communications operator and developer, reported a $34M contract win this morning. The win came from the Space and Naval Warfare Systems Command (SPAWAR), and will go towards developing a crytographic module used for satellite communications by the Navy, Marines Corps, and Army.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. The company’s No. “This was about making the company as totally weatherproof as possible,” Czinger said. The company’s No.

Startup 251
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Startup CTO or Developer

SoCal CTO

I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures. I’ll address the specifics of what this Founder Developer Gap looks like below.

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5 Sources Of Ideas That Turn Into The Next Big Thing

Startup Professionals Musings

In my opinion, real pain points for most people do not include a new user interface for Facebook, a new programming platform for app development, or a new size smart phone. So why do I see some many funding requests for products along these lines? Usually, people pay to relieve pain before buying luxury items. Existing infrastructure.

Ideas 118
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5 Generators Of Customer Pain Conducive To Startups

Startup Professionals Musings

In my opinion, real pain points for most people do not include a new user interface for Facebook, a new programming platform for app development, or a new size smart phone. So why do I see some many funding requests for products along these lines? Usually, people pay to relieve pain before buying luxury items. Existing infrastructure.

Custom 167
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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. A Biden presidency doesn’t need a Green New Deal to make progress on climate change. ” Climate resiliency .

Startup 229