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Howard Morgan Steps Down At First Round Capital, Back To Angel Investing

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Howard Morgan , the venture capitalist who helped found Idealab back in 1996, and has since been Founding Partner at seed stage investment fund First Round Capital , is returning to angel investing and will not participate in First Round Capital's new fund. First Round Capital just filed paperwork on a new, $175M fund. READ MORE>>.

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Punchcard Gets Award

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Punchcard , the developer of mobile loyalty and rewards applications which is backed by Idealab, has won an award at an industry conference, the firm said this week. punchcard mobile loyalty application award idealab' Punchcard is based in Pasadena. READ MORE>>.

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Silicon Beach Fest Expands Event Lineup, Sets Keynotes

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Silicon Beach--the self-appointed name that has been used to describe many parts of Southern California''s tech community, but which has seemed to have centered itself over Santa Monica and surrounding towns--has no shortage of events and conferences. Last year''s event attracted more than 2,000 attendees. READ MORE>>.

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RayTracker Acquisition Worth $44.8M, Says Report

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A report today from Greentech Media says that Pasadena-based Idealab 's sale of portfolio firm RayTracker was worth $44.8M. Idealab, Quercus Trust, and Phoenix Fire had invested $3.5M RayTracker was a spinout of Idealab's Energy Innovations. RayTracker was a spinout of Idealab's Energy Innovations. on their investment.

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Two Local Firms Make WSJ Clean Technology List

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The Wall Street Journal, at a conference in Santa Barbara this week, named its list of "Top 10" clean technology firms, naming two local companies to the list of firms with the "greatest potential to succeed." The WSJ held its ECO:nomics Executive Conference in Santa Barbara this week.

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Reflections On 2019: Andy Wilson, Alliance for SoCal Innovation

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Though the Alliance is still committed to hosting select regional convenings like First Look SoCal and our SoCal Ecosystem Leadership Conference, we recognize that the region already is filled with numerous events targeted at start-ups and entrepreneurs. This came through loud and clear at our recent regional leadership conference.

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Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

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I would say that, if you look at Pasadena and Caltech, at JPL, at Idealab, at Innovate Pasadena, and the Design Center, and a couple of other things going, there is a lot of stuff happening in Pasadena, and sprouting out of Pasadena. They probably provide a lot of what we do, with the difference that they''ve got 24/7 management there.