San Diego Tech News - August 9, 2021
This is an informal San Diego-focused tech-news podcast (Aug 9, 2021) hosted by Neal Bloom and Jonah. They cover local and regional technology and startup developments: UCSD won a $20M NSF award to lead an AI institute (part of a $220M NSF program across 11 institutes); GoPuff expanded into San Diego after acquiring BevMo (reported $350M) and opening 16 local locations; PacBio announced an acquisition of Omnium-related assets (described as worth up to $800M) strengthening San Diego's genomics cluster; Oberon Fuels is partnering with Los Alamos and CA Energy Commission funding (~$6M project) to prototype onsite hydrogen-from-DME delivery approaches; Walmart's Open Call selected local brands (Yerba's in Miramar and Sauce Goddess in Pacific Beach) among 167 finalists from ~900 applicants. The episode also notes recent funding and M&A (Wildfire $15M round; Manscaped ~$275M revenue rumored SPAC) and several local exits/acquisitions.
Questions this episode answers
$20 million
$220 million awarded to 11 institutes (program span ~5 years mentioned)
Reported $350 million; 16 San Diego locations
Described as worth up to $800 million
Partnering with Los Alamos National Laboratory; part of a California Energy Commission $6 million project
Computer. Hello. Hello.
What is up, Neil? How's it going? Good.
How are you doing, Jenna?
Really nice. Loving it. Loving these stories, by the way. Get some really, really good ones coming up.
Yeah, seriously, man.
We.
Yeah. It's been a week, huh? I'm excited to jump into these stories, but something obviously has been on our minds a lot are the Olympics. Um, you mean catching a ton of the Olympics.
Some, um, actually so funny. Shot put is something that I want to try, but more importantly, did you see the guy throw the javelin? That. That was like one of the most impressive things I've ever seen. I, like, want to try now.
No. What do you do? Like, just.
So this dude from India, he learned. This is actually really amazing for the future. So he learned how to throw a javelin on YouTube and, and came out and was one of the first, I think, track and field gold medalists from India in like 100 years. I could be wrong on that staff. But basically he just starts running. You got to look this video up. And he just winds up and just absolutely just throws this thing. I don't even know how far it even went. It was just like one of the most incredible things I've seen. So look at that video. This guy's wild. But the fact that he Learned it on YouTube was one of the most impressive things I thought, because that kind of means that, you know, a lot of us can just really log in and learn something cool and new with all these online tools. Pretty impressive stuff.
It is cool. I think. What's so. Yeah, the inspiration piece is super cool, especially what I've seen people posting around skateboarding and how inspired like longtime skateboarders have been to see it as a sport, like, feel legitimized, you know. And same. Same with surfing. Like a lot of these sports that have been like, you know, underground. And now you've got 13 year old girls winning, you know, medals. It's got to be a big shout out to. To Sky Sky Brown. Sky Brown. Sky Brown up in Oceanside who competed for Great Britain. She got a bronze. Insane. Like, and to think one been following her for years. And she was like nine. First of all, she got a bronze. The people who beat her, like Japanese and Brazilian and also pretty young. Like, how inspiring to see, you know, 13, 14, 15 year old girls just rocket on the international stage. So cool.
It was funny. We were popping in a meeting, I forget which one. Ryan was like, yo, pool skating's on. And I was like, my brain was like, wait, they froze a pool and someone's on Skates. And I was like, I can't compute this. And then I looked over, he sent the link and I was like, oh, I'm completely wrong. Wrong. Like, okay, got it. My dad. Whoops. Summer. It's Summer.
That's so funny. Yeah, there's a, there's a good story out by the Union Tribune of just like all the San Diegans that competed. I know we talked about it last week, but they now, last week when we were talking about it, they were about to compete and now like they, they dive into who won like gold medalists, silvers and bronze in San Diego. Like it's insane. So they say more than 60 athletes competed in 15 different sports. So we'll drop this link as well and share it. But man, super cool to see, you know, just people that you could be running into around here, just like dominating on the world stage.
I love that. And you know, it's crazy. So we're talking about people who are learning how to do sports online through YouTube. Youngsters like sky obviously just annihilating it. But that kind of makes you start to think about school different.
Right?
And I think that kind of segues us in a little bit to our first story, you know, because now I think school is going to really bring us up to sort of such a high level and in some cases a deep tech level, which is, you know, we're seeing at ucsd. I don't know if you want to lead us off of this one.
Yeah. UCSD just landed $20 million from the National Science foundation to create an artificial intelligence institute. So this is rad, especially because AI is not just a research piece, it's an application, which is always what we love to see academia do. It's easy to just research something in a lab, but artificial intelligence is the real deal and it promises to change the way we do everything in life. And for UCSD to now be a headquartered institute, it's a pretty big deal. So National Science foundation, they awarded 220 million to 11 different institutes. So UCISTE is one of them for about a five year program that they're funding this. There's a few things around this. There's obviously the change of lifestyle for us that can be good, but it's also a battleground against other technologies and other nation states who are developing this as a weapon, but also more just to be the leader in technology. So US is competing against China hard as the, the thought leader of artificial intelligence. Some things that they're going to focus on at ucsd, cyber infrastructure Healthcare and education, a few in semiconductor design. So looking at chip design speed, how can we shorten that while increasing quality agriculture? So what can we do to apply and be smart at growing and utilizing our resources appropriately? San Diego specifically has got a number of ag tech companies. One comes to mind is like grow guru that's looking at the hydration of the soil communication networks. So grids and IoT systems going to be more and more applicable the more sensors and just hardware we have out in the world. And how can they start operating on their own without humans in the loop? Which also speaks to robots. Robots learning to work with humans and self driving another huge part of San Diego's tech clustering. So this center, the Institute for Learning enabled optimized zation at scale. What are we calling this? Tylose telos mouthful? UCSD Tylos. You know what's cool about this is just a few different things. One having, having a focus, right. So they obviously are looking at specific areas. They're going to apply this to looking at connecting with industry and other institutes on campus. So the Data Science alliance is an off campus alliance to focus to make San Diego a data science core institute or core hub. And then the same group that created the Data Science alliance also helped co fund the, what is it called, the San Diego Data Science Institute which is on campus and training up the next generation of data scientists. So I think these coming together off campus, on campus data science, artificial intelligence, we're really taking a step forward as being just like a hub for future technology.
It's so, so good for San Diego. It's super cool to see and there has been some, some innovative tech already coming out of universities in the area. But UCSD is going to definitely be positioned really well to pull some, some new tech out. Let's hope that they pull it out and just plant it here and we can grow those companies. I'm kind of hung up on, on Tylos. I wish it was Tailos and they threw a little AI pun in there but you know, maybe that's just me.
Maybe they'll add it to the front of it. Maybe like a Tylos like that a lot.
Yeah, they taking notes.
Yeah, they're listening. So next, speaking of like new industry coming to town and being you know, a central hub here, GoPuff, one of the hottest startups actually out of Philadelphia is expanding to San Diego and they're doing it by taking over the alcohol and convenience market. Jonah, you know a little bit about this, the delivery of conveniences.
This is a really interesting One. And yeah, it's cool. So it is out of Philly. They. They actually founded it looks, I think in college and just have been pushing this entire time. But yeah, so years ago when I was at Postmates, this was kind of back before Uber Eats was really everywhere. We were talking about this. I think last week, kind of Uber was testing things. They were doing coffees, they did a sort of a puppy drop where they could come to your office for a little bit, cheer you up and drop some puppies off and just trying to gauge, you know, the logistics and how this worked. But Gopuff was kind of on the scene at the time, but they were taking over a slightly different position. It was sort of the little bit more late night. If you kind of dig into the name Gopuff, maybe a little bit of the munchie network in the evening. But what they're doing, that's really clever and it's kind of an alternative to the typical delivery model is they're setting up their own warehousing and they're owning their own supplies. So if you take a look at maybe how a doordash would operate or a Postmates or any of those really, and you accept a typical order. And my typical order is Ben and Jerry's.
Right.
So if I put that order in, we're going to dispatch a driver. They're going to cruise to a 7 11, which is theoretically their warehouse, throwing that in air quotes there, make the purchase, then bring it to the customer and drop it off. But what's happening in that interaction that you might not have noticed is 711 is already marked up this item. And so it's slightly more expensive. And you actually have to dispatch someone to a live store. So they have to navigate, you know, the facility. Maybe there's not support in the back end to have that order fulfilled. And so all that does is it adds time to your delivery, it adds cost. And on top of that, you know, if you look at the back end for the drivers, I'm not sure what they call themselves at Gopuff, but you know, the more time they spend collecting an order, the less they're earning. And so by having their own facilities, they're actually able to know where things are, control the inventory, buy in bulk and, and do a bit more. But that's not really where they, they, they stop what they're doing. So they just closed a Meg around. You might have seen they have had two recently. This one, I think was a billion dollars. But secretly they used some of this money to to acquire Bevmo for 350 million, which is wild because, you know, I don't know, I would have thought BevMo would be worth more than that, but be a little bit more valuable. I don't know, Neil. They have a ton of inventory already. So, I mean, you're buying inventory as it is.
Yeah. Especially during the pandemic, like alcohol sales shot through the roof, you know, and this acquisition happened in December 2020. I would have thought Bedmo would've been worth more than 350 million. But out of it, they got 16 San Diego locations already in desirable locations, close to, you know, close to most of the orders. Right. So super smart thinking around that.
Super smart. And actually it was funny we were talking about this before the show or offline when an acquisition happens, sometimes you just think, oh, cool, they bought a company. But you don't really think about some of the other interesting things that come along with it. And one thing, I mean, the alcohol is a legacy industry, obviously, years and years of regulation. So when you come in and you pick up a BevMo, for example, you're getting a lot of legacy relationships with distributors, brands. Like you said, the locations in San Diego now you can really easily move yourself into alcohol delivery. And so sure, you're doing late night Cheetos and ice cream delivery, but now you just plugged in alcohol delivery and really you're becoming a serious, serious convenience play. And so they're opening up 16 locations in San Diego. They've been operating under the radar, but they are here and took a look at my phone the other day. They're trying to shift themselves a little bit away from the sort of late night go puff sort of brand. And my app just as go on it now. So they're just trying to say, hey, we're going to bring you stuff fast and move away from that specific demographic and open up a little bit more for. For others there. So pretty cool. Acquire your way into warehousing instead of, you know, buying your own or leasing your own space, figuring out how to do cold storage, hiring your own staff, and kind of handling all those logistical challenges, why not just acquire your way in?
Yeah, super interesting. I'm downloading the app as we speak. It also speaks to another local company we know about, Mercado, that we've invested in doing delivery more. Just like the packaging and the digitization of inventory and point of sale digitization. For independent grocers, they utilize a different driving. They used Instacart and others to get the actual delivery to Your house. So it's kind of interesting seeing how everyone's attacking this.
Yeah. Plugging in kind of like a third party logistics and then they just are a bit more of a SaaS heavy company. So a lot of people are coming at this problem in a lot of different ways. Really going to be cool to see what happens.
It is well, officially welcome Gopuff to town. Speaking of, welcome to town. New acquisition of a new of a company. Acquiring. Getting itself into the genomic space. So PacBio is acquiring omnium deals worth up to $800 million which is pretty big one. Obviously there's some drama around this which we got to talk about. So Illumina is like the genomics powerhouse of the world. Right. And we talk about them constantly because they're spotted as a powerhouse and the FTC thinks they're such a powerhouse that they actually are stopp them because thinking they're too monopolistic. So Illumina tried to acquire PacBio a year or two ago. FTC and Europe Blocked would have made the combining of two mega companies. They focus on two different areas though of genomics. There's the long form and the short form reading of the code and you know, short read sequencing platform which is what Omnium is, which I believe Illumina is as well while PacBio is long form and so you know, would have been combining them together. So now PacBio is grabbing up more of the market with Omnium. They were a startup that was founded in 2013 and an Evo Nexus company which is pretty cool. I was in EVO Nexus in 2013 as well. So I got to kind of remember if I remember them or not. Probably would have been in evo same time but different locations. We probably like La Jolla and downtown. Yeah. But that's pretty awesome to have another win for evo incubating companies here. Obviously there's a bigger and bigger need for just what to do with this genomic data. Right. We're finding that it's not enough to sample at once. What can we be doing to get smarter? Clinical trial classes, stratification, stuff like that. And so you know, this while we call it, you know, biotech, it really is data science of a specific code base which is, you know, DNA. And so excited to see this and we'll see what this does. Heats up the now the space that PacBio now has a foothold in San Diego where Alumina has been as well too.
We are so strong in sequencing. Indiegogo as a city. I mean I didn't even realize this until we started digging into these stories. I'm like, my gosh, this is, this is almost like one of our top industries. If not, if not the top.
Totally. Yeah. And you had another hardware company, Synthetic genomics, go public just what, three, four months ago. So that's another one that is doing great here in town. And it makes sense. Like it's, it's where the code base was broken right in the 90s where we had the human genome broken down for the first time and look what happened out of it. We created an industry. We can look back at a few different things like polio also have being, you know, solved here and look at Salk Institute and what it's done too. So density happens when, you know, breakthroughs happen. And so it's pretty cool to have a community built on life changing technology. It's awesome.
You know, it's so cool. I think it's, it's kind of starting to encourage me. I think I need to do some, some night class and some weekend research into genomics just so I can actually be smart enough to talk about this. But as it keeps growing, I'm going to have to do, do a bit more research on my own so I could really understand what they're doing. This is such, such impressive stuff.
Yeah. And we got some great people in the audience obviously who we love to have come up and school us. So always welcome anyone jumping in our clubhouse and jumping up and saying, you know, hey, I've got some, some knowledge on this too, so doesn't always have to be me and Jonah. Though I do love when Jonah gives us a one on one lesson on something. Last week it was biology and this week it could have been on short form genetic sequencing.
That's awesome. How about I'll do my best to do a super high level lesson on hydrogen fuel. Is that, will that, will that fit the bill?
Yeah, that's a perfect one. We're about to speak about Oberon Fuels at a Little Italy. Tell us what they're up to.
That's awesome. Oberon's partnering with Los Alamos National Laboratory. What they're trying to do is figure out a new way to transport hydrogen fuel. Hydrogen fuel is super dense. It can be used in cars, houses, portable power. The reason why they're teaming up is because moving hydrogen fuel is actually really challenging. It's volatile energy density is about three and a half times that of gasoline. So you can imagine moving that around the city in those, those tankers, you know, maybe we see on the freeway super flammable. Obviously, it's energy dense, but it's also lighter than helium if you look at a periodic table. So it actually needs to be under extreme pressure. So all of those factors makes moving around a bunch of helium not really the ideal way to transport it. So what they're trying to do is, is figure out a way to not transport the helium so much as transport a new material called DME or dimethyl ether, which is basically just like a synthetic alternative to diesel. It's just ultra low carbon fuel, and it works in compression diesel engines. So what they're hoping to do is say, hey, if we can make this material, bring it to the sites that demand hydrogen fuel, things like forklifts, like use hydrogen, obviously the car is something that is heating up in a sense, but obviously has been a bit overshadowed by electric cars. What they can do is set up sort of machinery on site and then turn this DME or dimethyl ether into hydrogen on site. This process works, and they've gotten it to work in the New Mexico lab at a very small scale. The next phase is really how do we scale this up so that they can set these sites up on locations that a customer might have in, say, something the size of a shipping container and then slowly convert this DME into the fuel that they can have on site and then avoid all the risk of moving this. So how are they getting dme? It's actually really interesting. The science might be more complex, but essentially what they're doing is they've teamed up with the California Energy Commission as part of a $6 million project. This was a piece for the future of fuel and green tech. And what they're doing is they're taking wood, methanol, so wood alcohol. It's imported from Alberta, Canada, where there's apparently a lot of sort of waste from a lot of the mills and the millwork they do up there. And they basically turn it into dimethyl ether. And so from there we bring it on site and turn it back into hydrogen fuel. Super cool. But you might be saying, hey, like, if you're driving all this stuff down or train or however you get it down here from Canada, you know, that might be sort of eliminating some of the sort of green benefits if you're using, you know, a giant diesel truck, for example. But one thing that they have on their, their radar, which is super cool, is why don't they just think about food waste, agricultural waste. We have a ton of ag in California, or dairy manure. So there's Other inputs that are close by that we can maybe sort of close the loop on and start to use to turn into this fuel source close to home. And this type of stuff is actually, I get excited about this a lot. There's a couple of other really cool projects like Rebrew, which is turning old spoiled kegs of beer into liquor, distilling that down. So just wanted to shout them out. They're a really cool company. But I love the idea of taking these sort of outputs from some industry or waste product, for example, and then turning it right into an input and then turning it right around into a fuel source that's high energy dense and we can, can use again. So this is super cool. Really excited about what they're doing and I can't wait to see if they can really scale this up. Yeah.
Another one that reminds me of this is upcycle, right, Upcycle, taking three different waste streams. Biosolids, which is human waste, taking spent beer, grains from stone and other big brewers, and spirulina waste, which is algae waste and blending it together, trying to do it on site eventually is what they're going to try to be able to kind of take a truck, pull up, grab each the three products, dry them, blend them and then within a 50, keep it within a 50 mile radius, whether it's on the shore store shelf or thrown onto a corporate campus's lawn or golf course. So yeah, we love those here. I think San Diego is prime to be kind of a reuse hub in that regard. You know, ag tech wise, we have the, of any county in California, we have the most farms. We have 7,000 farms in San Diego County. So, you know, we've got a lot of waste products there that could be captured and turned into, you know, hydrogen fuel. Um, but speaking of the volatility that you mentioned when I worked in the rocket business on propulsion side, we, we use liquid hydrogen because it was so energy dense, but you had to keep it at negative 423 degrees Fahrenheit. Yeah. You ever felt like negative 40 degrees, like yeah, 10x that the amount of safety equipment you had to put around it and insulation around vessels. So a lot of work to be done there. But I'm glad it's worth doing the work there, that's for sure.
What's a, what's a typical energy input to get something that cold? Is it like, is it electricity then? Or are you using some other sort of fuel source to really bring the temp down? Because you obviously need the hydrogen to get to that Temp.
Yeah, you're usually splitting. And I'm trying to remember what we would do here to create the hydrogen because we, what we were doing is actually doing the opposite. We were taking hydrogen and oxygen, separating and then exploding them. And he would create water vapor. So it was like a really clean explosion. Right. Instead of a kerosene like cloud, you just have a water cloud. But I'm pretty sure we were just pulling, you know, from water. We were, we were getting it super cold and pulling out hydrogen from oxygen. I think we were just separated out. I don't remember the process.
Well, are those fridges? Yeah. Right? Yeah. Well, I always forget you worked on rockets. So are the fridges then? You said you have to keep it at that temp. I mean, are you just like, oh, yeah, it's just electric. No. Is that even. Yeah, that's wild.
Oh, the things that, that thing that, that, that cold does to other materials is insane. Like, it bends metal, right? It warps it because they shrink so much. That's why we had to be on station for 10 hours before a rocket launch, a space shuttle launch, because we had to see and make sure that everything shrunk to the size that we expected it to, that it would work and that you wouldn't have, you know, if you had one tiny little spot where you didn't have insulation, you would get a buildup of liquid air, in a sense. Right. The oxygen or the air around that pipe would freeze and now you'd have excess weight on it when you're going. It was actually a really big deal that we made sure you didn't have anything aspirating around pipes. So pretty serious business. Hydrogen is no joke, but worth working on.
So I have a lot of questions, so we'll save that for the rocket episode. Write them all down. But let's, let's take it home with our, with our fifth and final or our fifth story. We might have a bonus after.
Yeah, we're excited that two, two San Diego companies and more in the retail space, they've made Walmart's open call competition. So this is a competition where Walmart's asking, hey, entrepreneurs, you know, we want to put more products on the shelves and online, but we want, we want to make sure that they're either made, grown, or assembled in the US and they're committed to spending $350 billion on these items that are either made, grown, or assembled in the US So a pretty huge initiative to work on our supply chain. Obviously, Qualcomm, not Qualcomm Walmart must have really like gotten hit with the global supply chains during the pandemic, right? And so I'm sure they're like how can we streamline to make sure that we always supply meets demand? Because I'm sure there was a huge imbalance there. And so they kicked off this competition. Two brands, Yerba's, which is a hard yerba mate beverage, hard everything. We're all for it. Headquartered in miramar. Launched just January 2020 by Dan Neiman and longtime brewer guys. They spent some time at Bootscraft and they're growing 15 to 30% month over month. So they're doing well. And on top of that they got Jonah buzzed recently on this stuff.
Yeah, yeah, pretty good fruit forward. Never had Yerba mate before. I actually put a tweet out. I was like, oh man, they gotta change the brand name to your buzzed. But hey, you don't have to take my branding advice there that I'm not an expert. First one was great. The second one I exploded all over myself and the third one is great. So you know I have some other flavors to try but definitely worth it. I love seeing these kind of newer all beverages coming out. It's basically like hard seltzer with, with some Yerba mate, a little caffeine maybe in there. Really fun for, for like a, you know, go patio picnic, anything like that.
Or maybe a patio barbecue to pair with the second company Sauce Goddess Gourmet doing gourmet barbecue brand. These pair super well. Pacific Beach Company. They've been around since 2001 so you know that they've been working hard on, on this sauce and it was actually inspired by, by her dad which is super cool. So you know, cool to hear that she started. What did she. What's this fun quote here? Started this the company after a friend dared me not to get old and wondered if I had done something with my dad's recipe.
Awesome.
That's super cool. So obviously this is a long time family recipe that now Walmart's tapping to potentially put on the shelf.
So we got to look through the list of family recipes because now I'm like anxious to miss one of these. So make sure that you talk to your parents. I'll call mine, say hey mom, what do grandparents make that we're missing out on because this is super cool. Seriously.
I want to put yeah, grandma's, grandma's kugel for sure. Got to put that.
Let's go.
So 900 suppliers pitched pitch for this competition and 167 have been down selected to move on, including two of our own here. So earbuds and sauce goddess, we are rooting for you. And like said, now we're parent perfectly those together. A little barbecue sandwich. What's on your barbecue sandwich? Mine's. Mine's tri Tip. What kind of meat eats and meals? Or maybe it's not meat. Could be impossible.
Yeah, that's really. We've been Pandemic taught us how to do a brisket. Now, I wouldn't enter it into a competition, but definitely taught me patience, getting up early and how to season properly. But yeah, we do a brisket out here.
Are you slow cooking brisket? Are you? Because this is a whole nother episode I'm going to dive into because I have had some brisket episodes. It's not come out great. You slow cooking or are you smoking it?
We're smoking it.
So we're smoking it.
Like low, low.
Ish.
There's a couple steps and please, if there's any barbecue fans and I'm destroying this, let me know, but shoot us a note on Twitter. But essentially, there's a couple steps where you have to get it up to a point where it stalls out. You have to, you know, wrap it up, swaddle it, throw it back on for a bit longer, and then take it off and not eat it and stare at it while it sits in a cooler continuing to cook. And you're just like wanting to cut this thing and you can't and you have to wait and what ends up happening. And it's happened in my house a couple of times that you're like, it's like 8pm and you've got to wait an hour and a half or an hour, and you're just like, dang, guess reading at night. So that's what we did. But yeah, we're gonna have to do a barbecue episode, it sounds like, because both of us have plenty to learn for sure.
All right, well, you bring the earbuds, I'll bring the sauce goddess. Let's jump into some recent funding news. One that caught our eye just in the last week. Wildfire. They're in the E commerce space. CEO Jordan Glazer, longtime ebay exec, now building some tech on the E commerce side, which is kind of cool. So wildfire raised 15 million in funding just in the last week. Public rumor alert. So this one's fun. Manscaped, which is everyone's favorite. Below the belt grooming company. They have been booming. They're up to like almost 275 million in annual Revenue just, just doing amazing. And there's, there's rumors that they're potentially going to get brought public through a spac. So, you know, manscape to be spacked. And they've started some sub brands too. Now they've got a women's line and I hear some others as well too. So it could be a next public company here in San Diego, which we've talked about. We finally have some diversity of non biotech public companies this year, whether it's tusimple. Petco went public again, a clean tech company, Newvy went public and now potential E Commerce down the road with those kinds of revenues. Wouldn't be surprised whatsoever if that happens soon. And we got a lot of local investors who invest in them early on too. So we know that'll be a good thing for everyone. Speaking of good things, especially exits and capital flowing back to the community, recent acquisitions have happened that, you know, are great for everyone involved. Ukora, another women's line, got acquired by Farmavite and they are taking kind of a natural products approach to women's health from, I think it's from yeast infections and other things like that, taking an approach to vitamins for women. And I know that they were an early incubated company at Ad Astra Ventures. So really excited for Vidya, Alison and Sylvia who invested in them super early on. You want to jump in on some of these or I can keep.
Oh, no, take it, take it home, Neil.
All right. Stelios Therapeutics acquired. To be honest, it feels like we see so many therapeutics companies acquired that sometimes you just get used to it. Almost like a space shuttle launch. You started just getting used to it and just like, oh, it just happens. Therapeutics companies just get acquired or go public in San Diego. Well, Stelios is the next one that just happened recently, so congrats to them. Full Swing Golf acquired by Bruins Sports Capital. They are Full Swings, a Carlsbad company that is doing software and hardware in the golf space for simulators. To be super smart in building simulators. So I think they're trying to do kind of the topgolf but indoor simulator version. Kind of a whole experience around that. I know you're going to be into that one, Jonah, so check it out. And lastly, Sentech global cybersecurity company was acquired by Deloitte and they're a consultancy in the deep kind of cyberspace. Longtime partners of the San Diego Cybersecurity center of Excellence. And we're excited to see them get folded into the local Deloitte team, which also has a big cyber consultancy presence. So congrats to all those teams. We really hope, obviously, you stay local. You know, at this point, you probably can't change much about that, but we want to keep jobs here. That's the biggest thing. So we will keep monitoring. If someone you know is going public, getting acquired or just got general news, send it our way and join the conversation on Twitter. We do this every Friday, 12:30pm Pacific Time, and then we try to spit it out as a podcast. So big week. We're excited for the next one as well, too.
Can't wait. I mean, gosh, there's so much news coming. Kind of. Again, like you said, it's like, which five do we pick? That's where the real hard part is. We're firing stories back and forth all week, but if there's something that you're waiting a break or you want to send it our way, find us on Twitter or LinkedIn. We'd love to, love to connect with you, but that was, that was an awesome mix of stories.
Yeah, those are great list of stories. We're super pumped, obviously, about our own community, but tell us what you're excited about. So join in on the conversation online and everyone have a good, good week.
All right, see you.










