{"id":292159,"date":"2010-02-08T06:40:23","date_gmt":"2010-02-08T11:40:23","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=62095"},"modified":"2010-02-08T06:40:23","modified_gmt":"2010-02-08T11:40:23","slug":"quattrone-predicts-vc-shrinkage-viasat-ceo-says-bandwidth-was-key-to-internet-satellite-ucsd-scientists-win-google-grant-more-san-diego-biztech-news","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/292159","title":{"rendered":"Quattrone Predicts VC Shrinkage, ViaSat CEO Says Bandwidth Was Key to Internet Satellite, UCSD Scientists Win Google Grant, &amp; More San Diego BizTech News"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Roundup\/\">Roundup<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/people\/\">people<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/Internet\/\">Internet<\/a><\/div>\n<p>\t\t<strong>Bruce V. Bigelow wrote:<\/strong><\/p>\n<p>With online video consuming more and more bandwidth, ViaSat&#8217;s decision to design its own high-capacity satellite for Internet service is looking more and more prescient. We&#8217;re beaming that and the rest of the news to you now, so take off your foil hats and tune in.<\/p>\n<p>&#8212;<strong>Frank Quattrone<\/strong>, a former investment banker and controversial figure following the dot-com boom, told a San Diego Venture Group gathering that the financial industry has grown too large, too over-extended, and strayed too far from its traditional focus on lending, trading, and principal activities. <a href=\"http:\/\/www.xconomy.com\/san-diego\/2010\/02\/02\/frank-quattrone-star-banker-of-technology-ventures-talks-wistfully-of-the-good-old-days-before-netscapes-ipo\/\">Quattrone spoke nostalgically about the tech IPOs he handled before Netscape&#8217;s 1995 IPO, which he also handled<\/a>. That transaction, triggered a casino mentality of ever-bigger deals, he said.<\/p>\n<p>&#8212;<a href=\"http:\/\/www.rethink-wireless.com\/2010\/02\/04\/sprint-acquire-leap-palm-ma-resurfaces.htm\">Merger rumors<\/a> about San Diego&#8217;s <strong>Leap Wireless<\/strong> (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=LEAP\">LEAP<\/a>) are resurgent, following a Wall Street Journal report last week that Leap has hired investment bankers to advise the company on its strategic options. Leap, which provides flat-rate phone service through its Cricket operating company, has previously explored merger opportunities, primarily with Dallas-based MetroPCS. In a report Saturday, the San Diego Union-Tribune <a href=\"http:\/\/www.signonsandiego.com\/news\/2010\/feb\/06\/analyst-finding-a-buyer-could-be-a-stretch-for\/\">cast doubt<\/a> on the latest speculation, citing a JP Morgan Chase analyst.<\/p>\n<p>&#8212;Plans by Carlsbad, CA-based <strong>ViaSat<\/strong> (NASDAQ: <a href=\"http:\/\/finance.yahoo.com\/q?s=VSAT\">VSAT<\/a>) to launch its own satellite to provide high-capacity Internet service were helped significantly by the company&#8217;s $568-million acquisition of <span class=\"read_more\"> <a href=\"http:\/\/www.xconomy.com\/san-diego\/2010\/02\/08\/quattrone-predicts-vc-shrinkage-viasat-ceo-says-bandwidth-was-key-to-internet-satellite-ucsd-scientists-win-google-grant-more-san-diego-biztech-news\/2\/\"> &#8230;Next Page &raquo;<\/a><\/span><\/p>\n<div class=\"postFooter\"><a 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Bigelow wrote: With online video consuming more and more bandwidth, ViaSat&#8217;s decision to design its own high-capacity satellite for Internet service is looking more and more prescient. We&#8217;re beaming that and the rest of the news to you now, so take off your foil hats and tune in. &#8212;Frank Quattrone, [&hellip;]<\/p>\n","protected":false},"author":5423,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-292159","post","type-post","status-publish","format-standard","hentry","category-internet","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/292159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5423"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=292159"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/292159\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=292159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=292159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=292159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}