VC takes shots at Fidelity, Andreessen Horowitz after biotech mega-sale

Artis Ventures founding partner Stuart Peterson, the first VC to invest in Stemcentrx and the only one on its board, said the company's sale for up to $10.2 billion is an "aha moment for all of venture capital." Read more »

Startups - Pittsburgh Business Times

Serial entrepreneur goes all in to grow startup

by Patty Tascarella MARK DeSANTIS

PITTSBURGH—Entrepreneurship is often described as a gamble, but Mark DeSantis’ new career turn takes that literally. As executive chairman of kWantix LLC, he aims to raise $25 million in a bet on electricity prices.

DeSantis had been president and CEO of sister company kWantera Inc. since 2008 but stepped down in early March to lead the charge at kWantix, a Pittsburgh startup that now has  ...

1 hour ago
Media - Orlando Business Journal

EA hunting for fresh talent: Here’s what the top exec may ask during an interview

by Matthew Richardson Holt, Daryl 4c 11

ORLANDO—Creating video games sounds like a fun job, but it’s not the easiest thing to do. Just ask the highest executive at Central Florida’s largest gaming studio.

“There’s an aspect of games you understand from just playing them and you tell yourself, ‘Hey, I can make these.’ But there’s a science to making games, and the process offers a lot of challenges,” said Daryl Holt,  ...

4 hours ago
Innovation - Puget Sound Business Journal

The power of tech money may lift commercial aircraft to supersonic speeds

by Steve Wilhelm Boom Flying

PUGET SOUND—Extremely wealthy tech entrepreneurs may be on the verge of developing a new genre of jet transports that will carry an elite group of people very fast.

And Washington state may be a crossroads of that industry-transforming action.

This week, leading aerospace publication Aviation Week and Space Technology contained two articles on concept-stretching supersonic air transports.  ...

22 hours ago
Startups - Buffalo Business First

Can an eSports startup thrive in western New York?

by Dan Miner TylerSchrodt EGF

BUFFALO—Like an unexpected gust of wind, a promising eSports startup company emerged last year in Buffalo.

Electronic Gaming Federation has a novel take on an industry that is exploding across the world, attracting gobs of venture capital and new segments of news coverage from outlets such as Yahoo and ESPN. eSports focus on games such as League of Legends, where players control  ...

April 30, 2016 | 12:00pm EDT
Startups - Portland Business Journal

7 Portland tech companies that are ready to fly

by Malia Spencer

PORTLAND— For several years now, Portland’s booming software sector has been defined by a handful of high-profile companies. You know their names: Puppet Labs, Elemental Technologies, Act-On Software, Urban Airship, Janrain, Jama Software, Simple and Viewpoint Construction Software.


April 30, 2016 | 9:00am EDT
Hot Shots - Sports business

Want to invest in a budding pro golfer? This Cincinnati standout is waiting

by Steve Watkins Portz,jpg

CINCINNATI—People buy stock in companies all the time. What about buying a stake in a burgeoning professional golfer?

That’s the deal Northern Kentucky University golfer Clayton Portz is offering. He’s trying to raise $50,000 to play pro golf for the rest of the year. He’s hoping to make enough money to pay back his investors and then some.

Portz is a senior and just completed his college  ...

April 29, 2016 | 5:00pm EDT
Startups - Silicon Nation: Seattle

Startup connects salespeople and customers with tap of app

by Becky Monk

PUGET SOUND—CardTapp has developed a mobile business card that goes beyond a virtual introduction. The Bellevue-based startup’s founders Ben Brashen, Ryan Leopold and Dustin Swisstack thought there had to be a better way through technology to keep sales people connected to their prospective customers, facilitate sales and let customers make referrals.

To that end, the former loan offers and  ...

April 29, 2016 | 4:15pm EDT
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