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Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person. MORE
Elon Musk , the founder of SpaceX and Tesla Motors , says the goal of all of the spacecraft development at SpaceX is to send one million people to Mars by 2050. Saying that "there will be lots of jobs on Mars", Musk said he wants to load up a fleet of SpaceX Starships into Earth Orbit, sending nearly 1,000 ships at a time over 30 days every 26 months to the Red Planet, "Battlestar Galactica" style. Musk said his goal of making life interplanetary is " why I'm accumulating assets on Earth." MORE
Santa Monica-based Cornerstone OnDemand. announced on Thursday that it has acquired Clustree , a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles. Cornerstone OnDemand said it agreed to paid approximately $18.5M in cash for Clustree, which is based in France. Clustree's customers included Carrefour and SNCF. MORE
Perhaps the most talked-about news at the JP Morgan Healthcare Conference this week was a new startup that launched with $200 million and an ambitious claim its first drug would be approved within five years, and 10 more within as many years. Cambridge, MA-based EQRx contends it will be able achieve its goals by re-engineering the way new drugs are created, tested, and commercialized—significantly accelerating the typical drug development timeline in ways others have been unable to do. MORE
Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced. Skyview Capital says that Fidelis has over 250 employees. Fidelity Cybersecurity is based in Bethesda, MD. MORE
socalTECH
JANUARY 17, 2020
Los Angeles-based private equity investor Skyview Capital has acquired cybersecurity software developer Fidelis Cybersecurity a provider of network traffic analysis, digital forensics, and incident response software, the company said late Thursday. Financial terms of the stock transaction were not announced. Skyview Capital says that Fidelis has over 250 employees. Fidelity Cybersecurity is based in Bethesda, MD.
Startup Professionals Musings
JANUARY 17, 2020
Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person.
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socalTECH
JANUARY 17, 2020
Santa Monica-based Cornerstone OnDemand. announced on Thursday that it has acquired Clustree , a developer of artificial intelligence software that uses machine learning and algorithms to match an organization's employees' skills with specific job roles. Cornerstone OnDemand said it agreed to paid approximately $18.5M in cash for Clustree, which is based in France. Clustree's customers included Carrefour and SNCF.
Xconomy
JANUARY 17, 2020
Perhaps the most talked-about news at the JP Morgan Healthcare Conference this week was a new startup that launched with $200 million and an ambitious claim its first drug would be approved within five years, and 10 more within as many years. Cambridge, MA-based EQRx contends it will be able achieve its goals by re-engineering the way new drugs are created, tested, and commercialized—significantly accelerating the typical drug development timeline in ways others have been unable to do.
socalTECH
JANUARY 17, 2020
Elon Musk , the founder of SpaceX and Tesla Motors , says the goal of all of the spacecraft development at SpaceX is to send one million people to Mars by 2050. Saying that "there will be lots of jobs on Mars", Musk said he wants to load up a fleet of SpaceX Starships into Earth Orbit, sending nearly 1,000 ships at a time over 30 days every 26 months to the Red Planet, "Battlestar Galactica" style. Musk said his goal of making life interplanetary is " why I'm accumulating assets on Earth."
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