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Rich, famous and into weed: 6 celebrities in the marijuana business

With marijuana for medicinal or recreational purposes now legal in a growing number of states, members of the entertainment industry aren’t letting the business opportunities pass them by. Willie Nelson is the most recent, but here’s a look at other stars in getting into the weed business, either as investors or as manufacturers. Read more »

News Wire

Why Elon Musk should sell Tesla and 8 other links brighten your day

by Kent Bernhard Jr Tesla Slideshow

W hen it looked like Tesla was going to hit the wall, Elon Musk turned to Larry Page with a plan to sell the electric car maker. Maybe he should do that again, for real this time. Even though Tesla’s doing well now, Steve LeVine argues in Quartz that Google has the kind of cash to make it as a car company, while Musk is stuck borrowing money for the near future.

LeVine's story is well worth a  ...

3 hours ago
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VC Pete Sonsini on 'unicorn' imbalance, NEA's record fundraising

by Cromwell Schubarth Pete Sonsini NEA

P ete Sonsini has had a good look at the ups and downs of Silicon Valley tech companies for a very long time, beginning when he hung out at the law firm of Wilson Sonsini Goodrich & Rosati in the 1980s, where his dad Larry Sonsini was one of the region's most influential tech lawyers.

It's definitely an up time for New Enterprise Associates, the Menlo Park venture firm where Sonsini has  ...

4 hours ago
Media

TimePlay's interactive app turns the movies into lean-forward entertainment

by Annlee Ellingson TimePlay

I kind of suck at TimePlay. The Toronto-based company demoed its interactive cinema platform at CinemaCon on Monday, and I did terribly.

The free app turns your smartphone or tablet into a game controller, enabling moviegoers to interact in real time with content on the big screen. Divided into teams with names like the “Comedies” and the “Film Noirs” — I was in the “Dramatics” —  ...

5 hours ago
Startups

First ever 'Gay-TM' might be headed to Seattle with LGBTQ-focused credit union

by Jacob Demmitt Equality Washington

I t looks like Seattle will soon be home to the first credit union designed specifically for the LGBTQ community, complete with a “Gay-TM” and all.

After more than a year of planning and fundraising, Equality Washington recently signed a letter of intent to partner with an already established statewide credit union.

The partner — which Equality couldn’t name because of nondisclosure  ...

6 hours ago
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Russell Simmons says he’ll put the power of hip-hop behind Celsius

by Teresa Novellino Russell Simmons

T he “calorie-burning” energy drink Celsius just got backing from a hip-hop entrepreneur who is also a long-time yoga enthusiast: Russell Simmons.

He and his ex-wife, the fashion designer and entrepreneur Kimora Lee Simmons, led the $15.95 million round in its parent company Celsius Holdings, as our sibling publication, the South Florida Business Journal reported earlier today.

Simmons told  ...

6 hours ago
Media

Why theaters need to be on Instagram, like, today

by Annlee Ellingson CinemaCon 2015

T he fifth installment of CinemaCon kicked off on Monday afternoon in earnest with some real talk about social media. “In 2015, it’s no longer something we can ignore,” said presenter Christina Warren, senior tech correspondent for Mashable. With the millennial audience for movies shrinking, theaters need to be where the kids are, she argued, and that means Instagram. More than Facebook,  ...

6 hours ago
Startups

3 things Box needs to do to survive and thrive

by Gina Hall Aaron Levie

W ill Box be able to sustain itself or will it be forced to pack it up and partner with a bigger company?

Box raised $175 million during its January IPO after securing more than $500 million in private funding since it was founded in 2005. The online file sharing and cloud content management service now employs 1,200 staffers and is valued at $2.1 billion.

The problem with Box is that many of its  ...

7 hours ago
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