The measure would allow adults ages 21 and older to possess, transport and use up to an ounce of the drug for recreational purposes. It would also place a 15 percent sales tax on marijuana. Read more »
PITTSBURGH—Ask Ned Renzi about how he finds companies to invest in, and the veteran venture capitalist will tell you the art of deal sourcing depends heavily on geography.
In a place such as San Francisco, where Renzi’s Strip District-based Birchmere Ventures has an office, competition is steep and the pitch becomes all the more important.
“In San Francisco, sourcing is not enough, ...15 hours ago
WASHINGTON—D.C. venture capital powerhouse Updata Partners will announce Thursday that it has raised $280.6 million in new funding.
Updata, whose portfolio includes Mashable and VideoBlocks, surpassed its goal for the Updata Partners V LP fund by about $5 million. As of April, it had reported raising $160 million to the Securities and Exchange Commission.
General Partner James Socas told me ...16 hours ago
NEW YORK—Casper, the mattress-in-a-box startup which built its business online, is going to start selling its mattresses through more than 75 West Elm stores beginning next week.
The partnership will have Casper as the exclusive mattress available in Brooklyn-based West Elm’s retail locations, website, and catalog starting next Tuesday. The physical locations will also host an in-store ...16 hours ago
SAN FRANCISCO—If you're feeling the world's being turned upside down amid huge changes, you're in good company.
KPMG's latest survey of 400 U.S. CEOs found that 65 percent say the next three years will be more critical for their industries than the past 50 years.
"Today's top business leaders understand that long-term success in this era of fast-paced technological change and global economic ...16 hours ago
Peter DeMarco answers leadership questions from readers.
...17 hours ago
The first step in more effectively standing up to verbal bullies is to know who they are ahead of time.
It’s not exactly rocket science to figure that out.
They’re the ones where just the thought of them, the mention of their name, a text, an email, accidentally seeing a Tweet or Facebook message causes a physical reaction. The most common is a knot in your stomach, then pressure in your ...18 hours ago
SAN FRANCISCO—When the words "meatless" or "plant-based" hover near the word "burger," you've probably got some strong ideas about what you're about to eat.
A rubbery tofu patty, perhaps? Or a crumbly combination of various ground up vegetables and soy products? Think again. The San Francisco Business Times tried the newest iteration of the meatless burger soon to hit the market and can safely ...19 hours ago
Adela J. Bowen commented on Electric car maker expands footprint to take on Tesla on Wednesday, June 22nd
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