San Diego Innovation and the Top 10 Stories of 2014

Shelter Island San Diego Harbor

To understand the ebb and flow of innovation in San Diego over the past year, I combined a ranking of stories with the most page views on Xconomy San Diego with my own editorial curation.

Some themes are apparent in this top 10 list. The life sciences are ascendant here, with advances in genomics, stem cell therapies, and RNA drugs. Software innovation, on the other hand, has continued to ebb in the San Diego ecosystem, with lasting implications for other tech sectors.

My Top 10 Stories of Xconomy San Diego in 2014:

1) The top story of 2014 was actually published in late 2013. To help local entrepreneurs search for early stage investors, I put together a slideshow of prominent San Diego angel investors. The short profiles included a brief summary of their investment philosophy, technology focus, and some of their deals. It accumulated more page views than any other story this year.

2) At No. 2 was a scoop published in December 2013 that revealed plans by the private equity firm Vista Equity Partners to move three San Diego-based companies it had acquired in 2013 to Texas. All three (Omnitracs, Websense, and Active Network) were software-based companies, and they all moved to the Lone Star state in 2014, lured at least in part by some multi-million dollar incentives dangled by Texas Gov. Rick Perry. The ramifications for San Diego’s software sector will be felt for some time.

3) As Websense moved its Web security business to Austin, TX, there was a silver lining for a cross-town rival, iboss Network Security, which hired dozens of Websense employees who preferred to remain in San Diego.

4) Organovo (NYSE: [[ticker:ONVO]]), a San Diego life sciences startup developing 3D printing technology, said its 3D cell culture of human liver tissue was used successfully for the first time to predict that a pre-clinical drug candidate would have a toxic effect on the liver. Organovo’s breakthrough poses enormous implications for more accurate drug testing, and Xconomy San Diego experienced the year’s biggest spike in Web traffic for this one story.

5) One of the biggest innovation trends underway is the convergence of “Big Data” and genomics, and the presence of gene-sequencing titans like Illumina (NASDAQ: [[ticker:ILMN]]) and ThermoFisher Scientific’s Life Technologies makes San Diego an innovation hub. But the weakness of the software sector in San Diego became apparent when Human Longevity CEO Craig Venter hired Franz Och away from Google (NASDAQ: [[ticker:GOOG]]) to develop new ways to interpret raw genomic and proteomic data. Instead of establishing a computational center in San Diego, however, Venter said, “We’re just going to build on the talent base in Silicon Valley.” So Och remained in Mountain View, CA.

As an aside, it’s telling that the Och story garnered more

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.