Today, The Boston Globe featured an article, In a city that plays it safe, incubator has a tough job on the coming Summer 2008 class of Y Combinator startups. YC operates out of Cambridge, MA, for the summer months. The article was more validation that east coast VCs still haven’t made a single [...]

TechCrunch posted today that Xobni, co-founded by PSU-alum Matt Brezina, is in acquisition discussions with Microsoft. According to the post, the first offer was sub $20 million and they are negotiating. This would be a big win for a Penn State entrepreneur, as well as another Y Combinator-backed venture.

The Daily Collegian published an article today regarding the PSU Y Combinator startups - Weebly and Xobni. It’s good background on some of the details regarding the founding of Weebly. In it, Xobni co-founder Matt Brezina makes the following statement:
“You don’t get exposed to [startups] enough at Penn State,” he said. “You think [...]