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OnDeck raises $200 million in IPO, valued at $1.3B

Shares started trading this morning in New York's most prominent tech IPO of the year. Read more »

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Dov Charney claims American Apparel 'core DNA' as his: Can it be modified?


A merican Apparel founder Dov Charney, who is now gone from the company he started, did not have a graceful cake and champagne kind of departure. It was ugly.

The board suspended Charney as CEO in June, but kept him on as a consultant while a "suitability committee" did an internal investigation of various harassment claims against him, ultimately concluding that he misused company funds and  ...

5 minutes ago
News Wire

The Pipeline: LendingClub hits IPO top 10, oil prices endanger Tesla, and Upfront Ventures raises cash

by Kent Bernhard Jr Elon Musk

A look at the hottest deals, business moves and upstart entrepreneurs for December 17 from around the country, as reported by The Business Journals and other local business publications.

Deals and money plays

Silicon Valley… LendingClub's IPO last week is officially one of the 10 biggest tech offerings of all time as it's announced that underwriters bought all their allotted shares. The online  ...

35 minutes ago
Hot Shots

Vivek Wadhwa makes more jaw-dropping predictions about every major industry

by Michael del Castillo Vivek Wadhwa

V ivek Wadwha says new trillion-dollar industries are on the verge of wiping out existing trillion-dollar industries, in a video released yesterday by Big Think. The revolution, he says, has already begun in manufacturing and other industries, and will spread to every major sector over the next 20 years.

"The good news for America is that manufacturing is going to come back here," said Wadhwa,  ...

1 hour ago

10 things entrepreneurs should have watched in 2014

by Teresa Novellino

Entrepreneurs and innovators have become fodder for entertainment and education this year, and we're not just talking must-see titles such as "Shark Tank." Our list of what to watch from 2014 includes documentaries and reality shows, as well as fictional TV shows and movies, and whether it's an idea such as artificial intelligence, or a close-up look at the life of fashion innovator Diane von  ...

1 hour ago

Former sniper hopes to pick off customers with free beer

by Lauren K. Ohnesorge Intrepid Matt Victoriano

M att Victoriano, the military sniper-turned-coffee entrepreneur is back – and so is Intrepid Life– it's just no longer a coffee shop.

Yes, there's still coffee brewing. And yes, there's still beer in the refrigerator.

Read: Victoriano: Dude, I'm forced to close my coffee shop and being honored by the White House?

But the only thing Victoriano is selling is space.

Subscribe to Upstart  ...

2 hours ago

How a former Boston Consulting Group exec is challenging Uber — and avoiding controversy in the process

by David Harris Blacklane

U ber has been getting a lot of attention lately — both for its massive fundraising efforts and the global crackdowns by governments on its ride-sharing service, including in Boston.

But that might be OK for Jens Wohltorf, a former Boston Consulting Group executive who wrote his thesis in 2001 about Boston transportation patterns while at MIT.

In 2011 — after his tenure at BCG — Wohltorf  ...

3 hours ago
Hot Shots

Facebook billionaire Sean Parker pledges $24M in war on allergies

by Chris Rauber Sean Parker

B illionaire Sean Parker, who helped launch Napster and Facebook, is giving $24 million over two years to help launch an allergy research center at the Stanford University School of Medicine.

Earlier: 75 top Bay Area corporate philanthropists

Parker, who's had personal experiences with allergies, which affect an estimated 30 percent to 40 percent of the world's inhabitants, said he hopes the new  ...

3 hours ago
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