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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.

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Punchcard Takes On Mobile Loyalty

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Looking to provide a high-tech twist on retail loyalty punchcards, Pasadena-based Punchcard --the latest startup out of Idealab--has debuted a set of mobile apps which allow retailers to virtually "punch" customer loyalty cards on Android and iPhone. READ MORE>>.

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LA's Innovators Get Spotlight, But Investors Cautious

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From the conversation gathered around the pool from the movers and shakers of the industry, it seems that--despite the buzz, energy, and activity in the region around startups, there's still some wariness by investors that the industry not over-hype and over-promote what's happening in the area.

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Catalyzing Innovation In Pasadena, with Innovate Pasadena

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One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. We caught up with Andy Wilson , who is behind the effort, to hear about why he thinks Pasadena needs its own technology identity. I got a resounding yes.

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