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Seattle-based Icosavax, which is developing COVID-19 vaccines, files for IPO 4 years after launch

GeekWire

Icosavax creates virus-like particles with technology licensed from the University of Washington’s Institute for Protein Design. The company, a spin-out from the UW’s Institute for Protein Design , is developing vaccines to resemble naturally occurring viruses. Net losses were $5.3 Icosavax Photo).

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Innovative Approaches to Revenue Diversification: A CEO’s Playbook

Kitaboo

In this CEO’s playbook, we delve into innovative approaches, exploring how diversifying revenue streams isn’t just a safety net but a catalyst for financial sustainability. It prompts companies to explore new markets, develop novel products or services, and adopt innovative technologies. Table of Contents I.

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Gogo sells commercial in-flight internet business to bankrupt satellite provider

The Verge

The FCC is clearing out the C-band (4-8 GHz) to make space for 5G customers, and Intelsat is participating in the program that could net the company nearly $5 billion by selling airwave licenses it currently owns. The company is also working on a 5G network that is still slated to launch in 2021.

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ACCO Brands will pay $340M to acquire Seattle-area game controller company PowerA

GeekWire

ACCO’s plans for PowerA in the future include leveraging development and supply chains between PowerA and its portfolio company Kensington, as well as expanding PowerA’s sales presence in Europe, the Middle East, and Africa. Further announcements for PowerA’s line of products are promised for 2021.

Company 131
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Workhorse is already redesigning its new electric van

The Verge

In early 2019, Workhorse licensed the intellectual property for an electric pickup truck it had in development to a new startup called Lordstown Motors — which was founded by Hughes’ predecessor, Steve Burns. And as the USPS contest dragged on , it survived for a while on money borrowed from hedge funds.

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Tech Moves: Top Blue Origin engineer joins SpaceX; Axon hires HTC Vive exec; Porch adds to board

GeekWire

Prior to joining Convoy in 2018, Kreiner was CEO of Cal Net Technology Group and a managing partner at Olympic Valley Capital. New Athira execs Mark Worthington, general counsel, and Rachel Lenington, chief technology officer and head of product development strategy. Athira Photos). Saty Bahadur. Upwork Photo). Puvin Pichai.

CTO Hire 135
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Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Porch also disclosed its preliminary financial results for 2020, saying that it expects a net loss between $53 and $55 million for the year, about $20 million further into the red than previously projected in its public filings. The deal is expected to close in the second quarter of this year.