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Jan 7, 2019

San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego Startups Raising Cash

Originally posted
here

The San Diego Union-Tribune covers San Diego’s hot startup economy, which is seeing a renaissance in biotech, healthcare and internet ventures:

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.

The article quotes our own Phil Dur:

“San Diego entrepreneurs are gritty and low-ego, which we love,” said Phil Dur, managing partner at PeakSpan. “There are other regions where you just don’t find that self-awareness and humility. We find those are critical elements of long-term success as opposed to being a flash in the pan.”

And we should know: PeakSpan investments Cloudbeds, Mindtouch, Zingle, and Cordial all call San Diego home.

San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash