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VLST Cuts Jobs To Preserve Cash, Still Feeding Novo Nordisk Pipeline
8 hours ago ago from Xconomy
Biotech , Layoffs , startups Luke Timmerman wrote: VLST, the Seattle-based biotech company seeking new ways of treating autoimmune diseases, has recently completed a round of layoffs. I received a tip that the company eliminated about 30 percent of its workforce in recent weeks. CEO Marty Simonetti confirmed that job cuts have occurred, but wouldn't say how many people were let go or which departments were affected. The company ...
Related contentVenture Capital Overview
2 hours ago ago from Zillion Bits - $$ - 10101
To start a business, you need an idea. More aptly put, you need a vision that you are passionate about. Without passion, most businesses fail because the owners are not motivated to get through the hard times. This same passion can become problematic if you seek out venture capital funding. If you own a small business or know someone that does, how is the business referred to in discussions? Is it ever referred to as the business ? No. ...
Related contentThe Start Project Launches To Create, Incubate Startups
22 hours ago ago from TechCrunch
A group of entrepreneurs and investors have partnered to create a new Silicon Valley based business incubator called The Start Project . Behind the new company are Polaris Venture Partners , the founders of 83 Degrees (Webshots, 30 Boxes, Power Twitter, fbExchange) and entrepreneur/investor Josh Felser (Spinner, Crackle, Freestyle Capital). The 83 Degrees team has built a number of successful companies in the past. They founded ...
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14 hours ago ago from techstocktools.com
As there are numerous good reasons both business wise and financial, to create a joint venture with a company that has a great complementary capabilities and resources, such as distribution channels, new technologies or finance, joint ventures are becoming an increasingly popular way for different companies to build strategic alliances. In a Joint venture, two or more parent companies agrees to share capital, technology, human ...
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