Showing posts with label San Diego. Show all posts
Showing posts with label San Diego. Show all posts

26 July 2013

July Hiatus: Howard Lindzon on The Best Trade of His Life

While I'm on my July blogging hiatus, I'd thought I'd share with you a few posts from friends whose thought leadership I admire. Here's Howard Lindzon on The Best Trade of His Life. Love the line: "Not all trades are for money. Sometimes you just need to really change things up, even when they are going well."


San Diego/Coronado – The Best Trade of My Life


I talk a lot about stocks, markets and investing, but the best trade of my life was a move.
In the summer of 2009, Ellen and I picked up a rental sign off a lawn on B. Avenue on Coronado and walked into the house and made an offer. The kids were at summer camp. We would have some explaining to do.
We had not rented our home in Phoenix, had not thought through schools,logistics, friends and family, but it just felt right.
That trade set in motion some fantastic things.
We became renters ourselves and a one car family. I walked to work. The kids learned to ride bikes and walked to school.
In 2010, despite the math of renting over owning, we bought a home. The month we bought, turned out to be a low in housing. I had to sell some Buddy Media stock in order to buy the home, because neither my dog Bagel nor I qualified anymore for a loan (that was a bad trade within the trend of the big trade :) ).
Not all trades are for money. Sometimes you just need to really change things up, even when they are going well.
What was your best trade and/or a trade you are looking to make?
...
Howard Lindzon is co-founder and CEO of StockTwits and he blogs at HowardLindzon.com

28 July 2010

San Diego's Cleantech "Collaboratory"

San Diego has a lot going for it: beautiful weather all year round, a great coast, and...well, the new StockTwits HQ on Coronado.

And now, after several years of investment, hard work, and a smart Republican mayor, Jerry Sanders, who saw and seized the opportunity, San Diego has an emerging cleantech community.

"We're here to serve as a catalyst," says Holly Lepre, vice president of CleanTech San Diego, a non-profit formed a few years ago to promote San Diego as a world leader in the cleantech economy. "We're trying to stimulate the demand that drives and attracts new companies."

When I visited in May, CleanTech San Diego was about to announce that the region has reached 700 cleantech companies.  Earlier in the year the organization ranked number seven in the Cleantech Network's global "Top 10 Cleantech Cluster Organizations for 2010."

San Diego is also fast becoming a hub for next generation biofuels.

In June, the California Department of Labor granted $4 million to the region to develop a job training initiative for the emerging biofuels industry in both San Diego and the Imperial Valley

And earlier this month, the San Diego Center for Algae Biotechnology, received a large part of a three-year, $9 million federal Department of Energy grant, and a consortium of seven companies, including San Diego-based Sapphire Energy, General Atomics, and Sempra Energy, are providing an additional $3 million to finance research and development.

Sapphire is developing what it calls "green crude," a 91-octane gasoline made from CO2, sunlight, and photosynthetic microorganisms. Last year, Sapphire attracted BP's former head of global refining, Cynthia Warner, to be its president. Warner saw the writing on the wall and decided "it was a lot better to create the key to the future than to nurse along the dying past."

Sapphire is not alone among next generation biofuels companies attracting dinosaur industry interest.   J. Craig Venter's La Jolla-based Synthetic Genomics recently launched a new greenhouse facility as a part of a multi-year partnership with Exxon Mobil Corporation.

But it's not just biofuels in sunny southern California. There are, according to Cleantech San Diego's Lepre, 176 solar companies in the region, including Spanish turnkey solar manufacturer Siliken, which has its US headquarters here, and Envision Solar, whose "solar trees" are starting to sprout up in around the country.

Envision is based in the Kearny Mesa district and housed in EcoHub, the area's first cleantech incubator. Yves Perez, founder of the Eco Investment Club, formed a partnership with Mark Mandell of property management company Square One Development, to start the incubator in a 12,000-square foot office plaza.

"We're in a secret race for the cleantech capital of the world," says Perez. "Win this secret race and we could double the number of San Diego-based cleantech companies and startups, and 700 becomes 1400 or more."

Bob Noble, president of Envision Solar explained why his company became one of the first in the EcoHub, "We wanted to be in a space where the building owners not only understood our mission but wanted to be part of it. Being surrounded by like minded-professionals opens up new avenues for collaboration and partnership."

That collaborative spirit is a key to San Diego's success, according to Lepre. "San Diego is a natural setting for a clean tech 'collaboratory.'"





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16 July 2010

Green Skeptic Friday LinkFest - 07/16/10

Here are some links to articles of interest to The Green Skeptic this week:

Nick Hodge Deconstructs the Smart Grid and some investment opportunities in Seeking Alpha: Smart Grid

Fred Wilson (despite being on vacation in Europe) wrote a compelling piece on the "seed fund phenomenon," which has implications for cleantech investing: AVC

One of my favorite San Diego companies, Envision Solar, announced it is teaming up with Pennsylvania-based battery storage company Axion on "solar tree" parking lots that track the sun from NYT Green.

GE announced its $200 million smart grid challenge and unveiled an electric vehicle charger: $GE

Shari Shapiro over at Green Building Law Blog offered her perspective on the Smart Metering controversy brewing in states around the US in "Smarting Over Smart Meters The Sequel--Maryland Rejects Smart Meters." And I added my two cents in "Smart Meters, Smart Grid and Dumb Folks."

New ARPA-E awards were announced for grid-scale storage, power electronics & building efficiency: ARPA-E

Smart grid networking startup Trilliant snags a massive $106M investment: Trilliant

And BP announced it is buying Verenium’s biofuels business for $98M, proving there is such thing as an exit in cleantech investing: Boston Business Journal

Probably the most thought-provoking piece I read this week was Po Bronson and Ashley Merryman's take on "The Creativity Crisis" in Newsweek.

Have a great weekend everyone.


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20 May 2010

Green Skeptic on StockTwits TV with Howard Lindzon

I'm in San Diego and dropped by the StockTwits West studio to sit down with Howard Lindzon to talk about cleantech, oil and gas, and just have some fun:




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