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STARTUPS: 110 Investors Flock to Once Quiet Event
Venture capitalists from Silicon Valley and other startup hubs are starting to keep closer tabs on the tech scene in San Diego.
That might have something to do with a rather noisy nonprofit called San Diego Venture Group and its president Mike Krenn, a guy who's been plugging local startups to investors up north for the past few years.
San Diego has few VCs in the city, so new businesses looking for startup capital generally get their checks from nonlocals. Money flows in pretty regularly for biotech and other life science companies, but tech startups often get left in the cold.
But Krenn says that San Diego's reputation with tech investors is starting to improve, a trend that stood out to him while collecting RSVPs for an upcoming event he puts on once a year. The event is called "Cool Companies" - a party that brings together San Diego's...