Cat cloning company shuts down

Genetic Savings and Clone, a biotech company located just north of SF, in Sausalito, that clones cats, said it will close down by the end of the year.

Cloning cats is too expensive, and didn’t draw enough customers, it said. Billionaire and University of Phoenix founder John Sperling launched the company six years ago, hoping to one day have his hunting dog, Missy, cloned. The company never figured out how to clone dogs. Full story here.

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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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