Drag a net through the water and you never know what you might find....This little clump is actually a clump of squid eggs. Female squid lay their eggs in long "candles" which are attached to something on the ocean floor such as a rock, shell or seaweed. Other female squid may add their own candles and each clump may actually have eggs from many different squid. When you find these on the beach or in tide pools they look sort of pinkish and feel squishy like jellyfish. They can be quite a bit larger than the one shown here.
(I know I have some marine and squid experts out there so please feel free to correct me or add whatever you'd like in the comment section!)