HotSchedules Announces New CEO, Changes to Leadership Team and Record Usage Numbers

News Provided on May 16, 2017 by HotSchedules AUSTIN, TX – MAY 16, 2017 – HotSchedules®, a leading provider of technology solutions for the restaurant and hospitality industries, announced Mike Arenth as Chief Executive Officer. Arenth started with the company in late 2016 and implemented key leadership changes to better support innovation and growth. Prior to joining HotSchedules, Arenth was a Senior Advisor to Silver Lake, an Executive Vice President at … Continue reading

The only thing he ever made fly was government money

On this day in 1906, the Wright Brothers were granted a patent for their “flying machine.” In honor of the anniversary, we reprint this – one of our most popular, most-read pieces.   (Original publish date: April 17, 2013) The process of productive capital allocation is a critical ingredient of innovation and job growth.   Entrepreneurs spending their own (and their partners’) money will create more jobs, more innovation, and a more vibrant economy than politicians picking winners … Continue reading

Iconixx Software Closes $4.2 Million Equity Financing

Posted May 2nd, 2017 by Business Wire AUSTIN, Texas–(BUSINESS WIRE)–Iconixx software announces today it has closed $4.2M in new capital. This round of funding was led by existing investors Ballast Point Ventures, Harbert Growth Partners, S3 Ventures, and the Iconixx management team, resulting in $24 million in capital raised to date. Iconixx, a global leader in enterprise class incentive compensation software, will use the funding to accelerate growth initiatives. The company has … Continue reading

Successful people invest in relationships

Good article in Entrepreneur about how true success is not possible unless you build great relationships.  The piece hits several themes that we believe are critical to a successful vc-entrepreneur marriage: maintaining long term relationships, communicating good news and bad, promoting honesty in business, how useful failures can prevent epic ones, and maximizing board effectiveness. The chemistry between entrepreneur and venture partner in private companies is more cooperative, longer-term, and (mercifully) not subject to … Continue reading

The migration of talent and capital to the high-tech corridors of the Southeast

Good article from Technet about how the startup economy has spread across the country: The American startup ecosystem — the envy of the world — has spread outside of the coasts and high-profile tech hubs, such as San Francisco, Boston, and New York City, to other parts of the country.  Startup activity is happening everywhere in cities and towns across America. More than that, the startup culture of entrepreneurship, fueled … Continue reading

BigTeams, StateChamps partner to provide online ticketing to high schools

Posted March 17th, 2017 by StateChamps BigTeams, the leading high school sports software platform in the US, has announced that it has partnered with Birmingham, Alabama-based StateChamps.com to provide online ticketing services to BigTeams client high schools. “Increasingly, our clients and their fans have been asking for an online ticketing solution for high schools,” said Jeff Gilbert, BigTeams Founding Partner and Chief Product Officer.  “In looking for a partner, we evaluated … Continue reading

PowerChord, Inc. Hires New President to Amplify Global to Local Solutions

Posted March 15th, 2017 by PowerChord PowerChord, a leading SaaS company that transforms how brands drive local sales, welcomed newly appointed company President, Steven Roth, to their growing executive team. Roth joins the SaaS organization with almost 20 years of experience working with top-tier retailers, manufacturers and agencies from around the world. His addition brings a deep expertise in product innovation to PowerChord and will provide a strong foundation for the … Continue reading

Which is better for an entrepreneur: an LLC or a C corp?

We have written from time to time on the question of which legal structure is best suited to private growth companies looking to raise outside growth capital.  Not surprisingly, there is no one right answer to the question, but recent tax legislation should compel entrepreneurs to give serious consideration to the C-corporation structure. This article in last week’s Business Observer contains important news about the potential tax benefits of a C-corporation for entrepreneurs and their … Continue reading

Risk-taking in the NFL

The WSJ recently analyzed NFL play calling this season and concluded that the coaching profession could use more risk-takers.  Despite “a legion of mathematicians, economists and win probability models urging them to take more chances“ most NFL coaches “reach for the conventional choice by habit.” From Why NFL Coaches Take No Chances: The Journal analysis examines how coaches played their hand this season across three broad categories of game management: fourth downs; … Continue reading

Southeastern and Texas cities are doing particularly well among the country’s 200 largest metro areas, according to the Milken Institute

Congratulations to Tampa, Orlando and Jacksonville as a few of the Florida metro areas with the strongest gains in their rankings! Competing metros: Tampa Bay rebounds to best performance in decade in Milken Institute rankings Posted December 16th, 2016 by Tampa Bay times Here’s a feel-good column to unwrap this holiday season that will reveal the Tampa Bay metro area is rebounding as one of the better performing, larger metro areas … Continue reading

© 2017 Ballast Point Ventures. All rights reserved.