Sean Parker's campaign for marijuana legalization will be on Calif. ballot

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 »

Loot - Silicon Nation: Pittsburgh

New day for dealmaking

by Patty Tascarella 05 27 JW WEB FOCUS NED RENZI BIRCHMERE VENTURES

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
Loot - Silicon Nation: Washington

Here's what D.C. VC Updata plans to do with its new $280M fund

by Andy Medici money roll cx

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
Startups

Mattress startup Casper to sell via West Elm and internationally

by Teresa Novellino Casper team

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
Innovation - Historical perspective?

CEOs think this moment more critical than fall of Berlin Wall, 9/11

by Mark Calvey KPMG Chairman and CEO Lynne Doughtie

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
Advice - Expert advice

How to overcome your passive-aggressive tendencies

by Peter DeMarco How to overcome your passive-aggressive tendencies

Peter DeMarco answers leadership questions from readers.

Question: I am the vice president of sales for a manufacturing company. I worked hard for a year to convince one of our partners to put together a deal for a major customer. I have known our partner’s account executive (AE) for about that same amount of time.

 ...

17 hours ago
Advice - Expert advice

7 comebacks to a verbal bully

by Dr. Mark Goulston 7 comebacks to a verbal bully

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
Startups - Disrupting food

We tried it: What Impossible Foods' meatless burger really tastes like

by Tessa Love FullSizeRender

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
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