March 20, 2013 |
When it comes to the green technology sector, there's California and then there is everyone else. The state has managed to reduce per capita greenhouse gas emissions even as its economy and population have grown, according to Next 10, the San Francisco nonprofit group that has produced the California green innovation index for the last five years. In its just released 2013 report, Next 10 said the state continues to be the national leader in areas such as venture capital funding for green technology, green tech patents and the growth in clean power generation.
January 18, 2013 |
Venture capital funding shriveled for the first time in three years in 2012, with investors funneling $26.5 billion to companies over 3,698 deals, according to a new report. That's a 10% drop in dollars and a 6% slide in deal volume, according to the National Venture Capital Assn. and PricewaterhouseCoopers in their MoneyTree report. Why the hesitation? “General economic uncertainty,” said HJ Paik, director of the Southern California Emerging Company Services practice at PwC, in a statement.
January 17, 2013 |
My experience over the years is that Nolan Bushnell, the guy who founded Atari and once hired Steve Jobs, doesn't talk to the press much. So when the opportunity to talk to him came up, I jumped at it. "I basically look at PR as something you do if there's an object in mind," Bushnell said during a phone interview this week. "But my ego doesn't need it. " Fair enough. But Bushnell does have an object in mind. In fact, two of them. The first is a documentary that's going to be airing on various PBS stations over the next few weeks called, "Something Ventured: Risk, Reward And The Original Venture Capitalists.
December 27, 2012 |
Can government play a positive role in economic development? To understand who built what in the construction of the American economy from its pre-industrial origins, a look at one of the drivers of U.S. innovation - venture capital - is instructive. For more than three decades American venture capitalists have concentrated their activities and earned their returns in a very small number of industrial domains. In booms and in slumps, in bull markets and in bear markets, the information and communications technology and biomedical sectors together have consistently accounted for 80% of venture capital investment.
October 20, 2012 |
Venture capital funding for U.S. companies fell sharply in the third quarter compared with a year earlier, according to statistics compiled by Dow Jones VentureSource. California continued to be the nation's dominant player in financial support for promising new companies, although the state's numbers were also off by a considerable margin. In Southern California, funding for start-ups fell more than half. Across the U.S., 820 venture capital deals raised $6.9 billion during the third quarter.
June 20, 2012 |
Peter Thiel, a PayPal co-founder and early Facebook investor, is launching a $402-million venture capital fund focused on mid-stage companies dealing with major global problems. He's calling it Mithril Capital Management. If that sounds familiar, it's because mithril is also an unusual metal described in “The Lord of the Rings” and “The Hobbit,” the Middle-earth fantasy classics created by J.R.R. Tolkien. The material, according to Tolkien, is malleable, beautiful and rare, stronger than steel while also weighing much less.