Tom Wornham spent more than 30 years working at Wells Fargo, where he supervised thousands of employees.
FINANCE: Dearth of VC Due in Part to Lack of Understanding Products
There’s a clear and well-documented gender gap when it comes to scoring startup capital from investors. Women entrepreneurs receive less cash (less often) than men.
Sirenas LLC, which uses deep data mining to advance drug discovery, has appointed two directors with venture capital experience to its board.
American Medical Response, or AMR, which provides ambulance services in San Diego and across the country, will be acquired under a $2.4 billion cash deal announced Tuesday.
STARTUPS: Incubator’s Benefit Is Hit to Tech Hub
EvoNexus, the oldest and most well-known startup incubator in San Diego, is closing its downtown location and consolidating into a new facility in University Town Center.
Encore Capital Group, the San Diego-based buyer of defaulted credit card debt, reported net income of about $20.3 million on revenues of $290.9 million in the second quarter of 2017.
San Diego-based restaurant chain Garden Fresh Restaurants Corp., parent of Souplantation and Sweet Tomatoes, has been acquired by Perpetual Capital Partners and CR3 Capital, an investment affiliate of CR3 Partners LLC.
San Diego-based sister companies CUSO Financial Services LP (CFS) and Sorrento Pacific Financial (SPF) have agreed to be acquired by a newly formed New York-based holding company, Atria Wealth Solutions.
Operators of San Diego International Airport recently completed a sale of more than $291 million in revenue bonds, at an interest rate that is the lowest earned in the airport’s history, at 3.74 percent.
The loans disbursed in 2016 by nonprofit San Diego-based microlender Accion helped maintain or generate 730 jobs, the organization said in its recently published annual report.
San Diego Private Bank opened its fifth branch July 31 in Beverly Hills.
Just over a decade after San Diego Private Bank was founded, its La Jolla-based parent company Private Bancorp of America Inc. (PBAM) has debuted a new location.
Two powerhouse startup groups are ditching solo acts and teaming together for the first time to put on a pitch competition with more cash and (it is hoped) a bigger audience.
San Diego’s innovation economy is slowly picking up steam, with more startups popping up and more capital streaming in to fund them.
Earlier this year, Hughes Marino, a tenant rep brokerage firm based in San Diego, sponsored California Assembly Bill 1059. If enacted, that bill would have outlawed dual agency in all commercial, industrial and retail transactions. Fortunately, serious reservations by several judiciary committee members, both Democrat and Republican, derailed the bill for this year’s session. However, Hughes Marino will likely make a similar attempt in the future, most likely during the 2018 session.