One of Boston's best-capitalized — and oldest — startups has run out of fuel thirteen years after it was founded.
Lilliputian Systems, which had been developing a $300 system called Nectar that used butane to charge up portable electronics, has been selling off equipment and intellectual property, and plans to vacate its Wilmington office by September, CEO Sohail Khan tells me. That is after about $150 million of investment from venture capital firms that included Kleiner Perkins, Atlas Venture, Fairhaven Capital Partners, Stata Venture Partners, RockPort Capital, and Intel Capital. Intel had hoped to produce components of the Lilliputian system at its microchip factory in Hudson, which is being shuttered this year.
Read MoreParking WarsBoston City Council submits ordinance to put an end to parking apps, like Haystack
Earlier today, in a Boston City Council meeting that also tackled possible regulations for Uber, an ordinance was submitted by Boston City Councilor Frank Baker prohibiting, without permission from the City of Boston, the ability to "sell, lease, reserve, or facilitate the reserving of any street, way, highway, road or parkway, or portion thereof under the City of Boston's control." Read More
Last week, Banana Republic created some (likely unwanted) buzz with the launch of its 'The Startup Guy' line of clothing. While the look is pretty much khakis rolled up a bit too high, t-shirts under fitted blazers, half tucked in shirts, and business dress shorts, for some reason, the disjunction between Startup Guy (and the ponderous models sporting the gear) and the reality of what people at startups actually wear on a daily basis led to ridicule and mockery for the marketing misfire. Read MoreMore than 140To keep growth going, Twitter wants to be everywhere — and a little more intimate
The current tech giants always seem unstoppable — up until it's too late. That's why I find the world of search so fascinating. Even as Google continues to reign more or less undisputed in typing what you want and getting it in a fraction of a second, others, including Cambridge-based Nara Logics, are hoping to cut a step out of that process.
Read MoreKendall's Big DaddyGoDaddy chief executive in town to open new office (and hit up Fenway)
GoDaddy is making a lot of news in Boston recently with last year's acquisition of MIT-born Locu and NameMedia "carve-out" Afternic, the acquihire move for Cambridge-based Techstars company Canary earlier this month, and a move to a new office overlooking the Charles in Kendall Square. Read More
Big news being announced this afternoon at HubSpot, the digital marketing startup widely regarded to be on the verge of an initial public offering: David Cancel, the Cambridge company's chief product officer, plans to leave in September, along with Elias Torres, an engineering vice president. The duo joined HubSpot in 2011, when HubSpot paid $20 million for their 20-person startup, Performable, in its biggest acquisition to date.
Read MoreMoolah for Rue La La?
For a few years now, there's been one startup in Boston that's been my unqualified favorite to watch, even though I haven't reported on them: Clover Food. In a deep profile for this weekend's Globe Magazine, Eric Moskowitz rightly describes it as what would result if a cafeteria mated with an Apple store. But there's one big cultural difference between Apple and Clover: Clover is obsessively open with how it operates.
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