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Reflections on 2018: Andy Wilson, Alliance for SoCal Innovation

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

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Big Deals, Life Sciences Push U.S. VC in 2018 to Dot-Com Boom Levels

Xconomy

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. That was about 500 fewer deals than in the year prior, but the total amount invested increased by $47.9 startups collectively took in more than $100 billion. billion into companies. billion into companies.

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Framework Benchmarks Round 16

TechEmpower

— Ben Adams (@ben_a_adams) May 24, 2018. This is a longer-than-average TFB round announcement blog entry, but there is a lot to share, so bear with me. See [link] pic.twitter.com/Od1nuq0UQV — TechEmpower Framework Benchmarks (@TFBenchmarks) May 17, 2018. link] — John Montgomery (@Johnmont) May 24, 2018.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

In a post on Kik’s blog on Friday the MediaLab said that it has “finalized an agreement” to acquire Kik Messenger. “ Kik is one of those amazing places that brings us back to those early aspirations,” the blog post read. The company filed registration documents in California in June 2018.

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U.S. Venture Capital Deals on Pace to Exceed $100B in 2018

Xconomy

Fueled by so-called mega-funds, investment in U.S.-based In the third quarter VC investments totaled nearly $28 billion, bringing the year’s total as of Sept. Once considered a passing phase, the concentration of capital into fewer, larger venture capital deals appears to be the new normal.

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Venture Funding Keeps Momentum Amid IPO Wave; Plus Q2’s Top 10 Deals

Xconomy

venture capital investments swelled to a level not seen since the dot-com era of the early 2000s. companies through the first six months of 2018, according to the latest Venture Monitor report produced quarterly by Seattle-based PitchBook and the National Venture Capital Association (NVCA). Last year, U.S. Investors funneled $57.5

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Lyft is becoming a one-stop transportation app in these 3 cities

TechCrunch LA

Lyft has been moving toward this “all-of-the-above” approach for much of 2018, a shift accelerated by its acquisition of Motivate , the oldest and largest electric bike-share company in North America, the launch of its scooter business and its Nearby Transit program that kicked off in Santa Monica this September.