SDBJ WEEKLY EDITION
A major issue for a new football stadium in San Diego is the funding gap between the stadium cost and the expected contribution from the Chargers and NFL.
Somali Family Service of San Diego County recently celebrated San Diego’s Somali and other East African cultures and community leaders at the third annual OceanLeaf Awards Celebration.
LENDING: Company Looks to Expand into Midmarket Segment
When banks retreated from making small business loans during the depths of the Great Recession, Dave Gilbert saw a huge opportunity.
Four Years Into Impact of Reforms, Local Bankers Expect More Consolidation
Get ready for more bank mergers in San Diego County and elsewhere as new regulations and low interest rates put a squeeze on profits.
As Faheem Hasnain walks me through rooms of glass and metal, I can’t help but compare the Receptos headquarters to pictures I’ve seen of the Google complex. Pingpong tables and shuffleboard tournaments are held frequently in the biotech’s break-room, and a king-sized chalkboard stands in the corner with winners and losers scratched in white chalk.
LAW: Covington & Burling Shutters Outpost; to House SoCal efforts in Los Angeles
Washington, D.C., law firm Covington & Burling had high hopes for Southern California when it opened a San Diego office by snagging a group of patent litigators from a struggling firm in 2008.
TRAVEL: Millennials’ Tastes, ‘Airbnb’ Options Are Sector’s Challenges
San Diego County’s hotel industry is on track to see another stellar year in 2015, and likely into 2016, said experts at a recent Lodging Industry Forecast forum in Carmel Valley.
DINING: Carrows, Coco’s Face Challenge From the Limited-Service Eateries
Catalina Restaurant Group Inc. is about to undergo the latest in what has become a series of corporate turnovers for the Carlsbad company’s flagship brands over the past two decades.
The rodeo in Washington is getting going, with lawmakers wrangling over the shape of the Defense Department’s 2016 spending plan.
BIOTECH: Kura Can Count on Its Cash and Experienced Leaders
A team of veteran drug hunters at Kura Oncology Inc. has licensed an old drug for new purposes, hoping to use advances in genetic sequencing to match the right drug with the right patient.
FOOD: Salad Bites Look for Market in Changing Grocery Scene
La Jolla entrepreneur Keith Mullin is an idea man.
Rhombus Energy Solutions Inc., a San Diego-based energy technology company, said that it raised $2.8 million in Series A funding.
SPORT: Group Will Soon Move To New Offices
San Diego Sport Innovators (SDSI), a nonprofit business accelerator, announced that it has parted ways with its parent company Connect and become a free-standing organization.
FINANCE: Firm Seeks Positive Social Impact From Investing
San Diego-based Huntington Capital, a provider of growth capital to lower-middle market companies, announced the final closing of its third fund, Huntington Capital Fund III L.P., with $91.7 million of total capital commitments.
San Diego State University sports business professor Jim Lackritz on Page 47 floats an interesting approach to selling private seat licenses (PSLs) to help fund a new football stadium.
STARTUPS: Crop Technology, Tax Filing Get Noticed in Austin
The knot of people who converged at the South by Southwest festivals saw and heard the best of what’s new. Judges thought two San Diego companies, Slantrange Inc. and Common Form Inc., belonged in that category.
TECH: Services and Products Use Popular Business Model
Closet entrepreneurs in San Diego — and everywhere else for that matter — are coming out of hiding to join the startup scene hoping to develop an app that achieves the same success as Uber and Lyft.
RESOURCES: Leaders Push Blue-Tech Plans as Region’s Next Cluster
A proposal to create a regional “blue-tech” incubator with a related “center of excellence” that would support early-stage companies, cutting-edge research and development of water-oriented technologies has won the backing of city and council officials.
Gary West was born in Council Bluffs and grew up in Harlan, Iowa, where his parents owned a bowling alley.
rwin Mark Jacobs rose from a job as an electrical engineering professor at the then-new University of California campus in San Diego to play a leading role in creating not one, but two San Diego technology companies: Linkabit and Qualcomm Inc.
Gwendolyn Sontheim Meyer is an heiress to the agribusiness Cargill Inc.
Perched high on the sandstone cliffs in La Jolla Shores is one of San Diego’s most exceptional properties.
The San Diego metro area’s apartment industry had an $11.9 billion economic impact in 2013, including supporting more than 111,000 jobs, according to a recent report by two industry advocacy groups.
San Diego is home to an extensive community of engineering talent dedicated to designing, developing and building unmanned aerial vehicles (UAVs), or drones, for military and government applications.
Location, location, location-based apps are all the rage, if this week’s email is any indication. Two items really stood out, one from a large business, another from a startup. Let me start with the big one.
TECH: Private Equity Investors Often Use Company’s Expertise
It’s a common situation: investors see potential in some sort of information-technology business, but the investors’ backgrounds are heavy on finance, light on tech.
EDUCATION: UCSD Taps a Top Talent to Form Its Design Lab
Don Norman — electrical engineer, psychologist and design guru for Apple Inc., Hewlett-Packard Co. and other businesses — has been coaxed out of retirement to start the University of California, San Diego design lab.
Sony North America, the San Diego-based division of the Japanese electronics giant, is pulling the plug on the last of its retail stores that the company once envisioned as the home-electronics version of those wildly popular Apple stores.
The New Children’s Museum announced that former board member Rich Horner is shifting from volunteer to full-time staff member as he joins the leadership team as the director of development.
Vickie Turner, a partner at Wilson Turner Kosmo LLP, has been named “Woman of the Year for the California 79th Assembly District.” Turner lives in the district, which includes Chula Vista, San Diego, La Mesa, Lemon Grove and National City.