6 to meet, including a trio turning ex-cons into coders

Meet 6 hotshots building businesses in new and interesting ways, from the latest pages of the Business Journals including Jonathan Moore, Jorge Castillo and Kristine Masta, who are building a business teaching coding skills to ex-cons and placing them with businesses. Read more »

Loot - VC maneuvering

Tech banker who advised AOL Time Warner merger launches venture fund

by Anthony Noto Terence Kawaja

NEW YORK—A new venture capital fund is launching with some well known advisers at the helm.

Terry Kawaja, the founder and CEO of New York-based Luma Partners, has begun fundraising for a new fund. Leading the initiative with him are Sumeet Jain and Carey Lai.

Kawaja, a longtime tech banker, advised the 2000 merger between AOL and Time Warner. Prior to founding Luma, he was co-head of digital  ...

31 minutes ago
Rebel Brands - Planet for sale

Groupon can't fly you to Mars for Valentine's Day, but it's got next best thing

by Lewis Lazare mars planet

CHICAGO—Groupon, the Chicago-based online deals company, has gone all the way to Mars in search of the perfect Valentine's Day gift.

Though Groupon (NASDAQ: GRPN) apparently isn't the first enterprising organization on planet Earth to try this, it is undercutting the competition and selling what it claims to be an acre of land on Mars for $15, less than half Groupon's original asking price of  ...

1 hour ago
Startups - Big data

Bankers-turned-florists at Ode á la Rose take on Valentine's Day with data and personalization

by Teresa Novellino

NEW YORK—The Super Bowl was Sunday—except if you’re in the flower delivery business. In that case, it’s Valentine’s Day, and in the weeks leading up to Feb. 14, Olivier Plusquellec and Louis Brunet prepare for their equivalent of the big game day.

These investment bankers-turned-entrepreneurs are cofounders of 4-year-old startup Ode á la Rose, one of a growing number of online  ...

2 hours ago
Startups - David and Goliath

Ten Thousand wants to take on Nike by asking men what they want

by Teresa Novellino Ten Thousand

NEW YORK—Men’s Fashion Week wrapped in New York this week, and while the attention was on men’s ready-to-wear apparel and streetwear, one question remains. If there’s a burgeoning “athleisure” category for women, what about more stylish activewear for guys?

N.Y.C.-based Ten Thousand, a men’s activewear brand that cofounders Eugenio Labadie, chief operations officer, and Keith Nowak,  ...

2 hours ago
Loot - IPO watch

Mark Cuban says founders who delay IPOs are 'destroying our economy'

by Cromwell Schubarth Mark Cuban

SILICON VALLEY—Mark Cuban, who made billions when he sold Broadcast.net to Yahoo just before the dot-com bubble burst, thinks founders today are waiting too long to go public.

He joins a chorus of startup investors who are urging venture-backed companies to stop delaying their exits and jump into the public markets, including Fred Wilson of Union Square Ventures who called out Uber CEO Travis  ...

3 hours ago
Startups - Baltimore Business Journal

Maryland medical marijuana growers are hunting for space

by Melody Simmons bbj-jimcaronna-marijuanawarehouse-newman-p5

BALTIMORE—As close to 1,100 entrepreneurs await word on their applications to grow, process and sell medical marijuana in Maryland, the hunt is on for office and work space to set up the crops.

Real estate brokers, leasing agents and warehouse owners around the state report that representatives of the fledgling business ventures set in motion by the General Assembly in 2014 have contacted them  ...

23 hours ago
Innovation - Denver Business Journal

Colorado company finds filling tech-manufacturing jobs a challenge

by Cathy Proctor Lightning Hybrids

DENVER—Lightning Hybrids LLC is a small but growing manufacturing company that uses hydraulic hybrid technology to makes trucks and buses more fuel efficient. It’s more than doubled its employee headcount in the last two years and expects to hire another 11 in 2016.

But the Loveland-based company has struggled to find the people it needs, said president and co-founder Tim Reeser, who was  ...

February 7, 2016 | 9:00am EST
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