Ventures Roundup: After $82M round, TissueTech looks to expand in Miami; eMerge predicts record VC investment for South Florida

Source:  South Florida Business Journal By:  Emon Reiser TissueTech CEO Amy Tseng COURTESY OF TISSUETECH   The next five years will bring job growth and possible clinical advances for Miami-based TissueTech, which landed South Florida’s top venture capital deal during the second quarter. Co-founder and CEO Amy Tseng said the biotechnology firm, which developed a method of using fetal tissue to repair eye damage and reduce pain for amputees, will use … Continue reading

Entrepreneurial origin stories

Last month – August 30 – brought us National Slinky Day.  We did not know the classic toy had its own day, nor were we aware that it was another one of those happy accidents often at the heart of entrepreneurial origin stories. From Smithsonian Magazine: In 1943, mechanical engineer Richard James was designing a device that the Navy could use to secure equipment and shipments on ships while they … Continue reading

Symphonic Helps Indie Musicians Break into the Big Leagues

Source:  Tampa Bay Inno By:  Dyllan Furness Symphonic Distribution Founder Jorge Brea. Photo courtesy of Symphonic Distribution The music industry changes fast. In less than two decades, listeners went from buying CDs to buying downloads to paying monthly subscriptions for streaming services—all while vinyl sales surged. For independent musicians, it can be hard to keep up with the fluctuations in the industry. Symphonic Distribution wants to help. Founded in 2006 by Jorge … Continue reading

The Long Engagement

One of our most-read posts here at NVSE is The Fate of Control (December 2009).  In it we cite a phrase coined by Fred Wilson’s at AVC – “shtick tolerance” – as a key to any successful long term relationship.  As we blogged in that decade-ago December: You don’t have to accept everything about your partner – outside of integrity/honesty – but you must be able to more or less tune some things out over the … Continue reading

TissueTech Raises $82 Million in Latest Round of Equity Financing

  Source:  TissueTech TissueTech, Inc., the pioneer in regenerative medicine utilizing human umbilical cord and amniotic membrane, today announced the closing of an $82.25 million round of Preferred C equity financing led by EW Healthcare Partners (formerly Essex Woodlands) and followed by the third round of continuous investments from Ballast Point Ventures. The funds will primarily be used to pursue regulatory approvals from the FDA for several of its development … Continue reading

Billboard’s 2019 Indie Power Players: The Execs Behind Drake, John Prine, Lauren Daigle and BTS

Source:  Billboard By:  Billboard Staff The independent music sector is larger and stronger than ever. As the American Association of Independent Music (A2IM) convenes Indie Week in New York June 17-20, executives and artists can celebrate the growth of the worldwide indie music business. Independent labels generated $6.9 billion in global music sales in 2017 (the most recent estimated figure), up from $6.2 billion the previous year, according to a report released … Continue reading

Charleston tech firm swells its inventory, moves to King Street, and doubles its workforce

Source:  The Post and Courier By:  Mary Katherine Wildeman   A communications technology firm has tripled its office space in Charleston on the heels of a first fund-raising round and a growth spurt. Avoxi’s CEO said it grew out of an office overlooking the Cooper River and plans to expand its team. The move comes as the company has put its focus on building its inventory. Avoxi provides an alternative … Continue reading

New addition to The Library in St. Pete

The latest addition to The Library in St. Pete is Unlocking Creativity – How to Solve Any Problem and Make the Best Decisions by Shifting Creative Mindsets, authored by Michael Roberto. As his interview in Forbes magazine explains, creativity doesn’t typically come from the lack of ideas, but from barriers in organizations that stifle creative thinking. This is the 3rd of Professor Roberto’s books to join our library, and the first one for which you can find both a brief … Continue reading

Why manners — and Southern etiquette — can make a difference in business

We saw this column by our friend, Frank Williamson of Oaklyn Consulting, in the Memphis Business Journal and thought it was excellent.  Frank captures well the way we, and many others in the Southeast, like to do business and both the importance and pleasure of focusing on building long term relationships.   COURTESY OAKLYN CONSULTING Frank Williamson is founder of Oaklyn Consulting, a Tennessee-based strategy consulting firm that has a … Continue reading

Startups Discover the Allure of the C Corporation

The individual income tax-rate cuts of the 1980s helped make LLCs the default business structure for startups – but the 2017 reduction in corporate tax rates, coupled with the capital gains tax rate increases in the 2010s, have changed the dynamic.   As last week’s Wall Street Journal explains in “Startups Discover the Allure of the C Corporation,” in some circumstances the ‘C’ structure creates potential tax benefits for entrepreneurs … Continue reading

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