Will voters split The Golden State into Three Californias?

“Cryptocurrency Billionaire” Tom Draper is trying, once again, to split California; and as of this morning, his “Cal3” initiaitve has officially earned a spot on the November 6 ballot. This time he’s proposing 3 states; last time he pitched the idea it was 6.  What we said then: These pages have often extolled the virtues of doing business in the Southeast and Texas, the best climate for entrepreneurs and where we have focused our investment efforts for over … Continue reading

The best (and worst) states for business

Last month CEO Magazine produced its annual ranking of the best states in which to do business, and, as with previous surveys, our region does very well. The best place to do business in the United States is Texas, followed by No. 2 Florida and, in a tie, No. 3 North Carolina and South Carolina, according to Chief Executive’s 2018 “Best and Worst States for Business.” CEOs ranked Indiana No. 5, rounding out the top five states. The worst … Continue reading

Honored to have two of our portfolio companies, PowerChord and Symphonic Distribution, mentioned in this list!

The Top 10 Tech Companies To Work For In Tampa Source:  Full Stack Talent We’ve been wanting to put together a list of the top 10 tech companies to work for in Tampa for a while now. These are companies we love because they embody the spirit of tech and use tech to power their business, and because the culture is amazing and they really value their teams. This is … Continue reading

MolecularMD and Genoptix Enter into a Definitive Agreement to Market the MRDx® BCR-ABL Test, a Companion Diagnostic for Treatment-free Remission in Ph+ CML-CP Patients Treated with Tasigna®

Source:  MolecularMD PORTLAND, OR and CARLSBAD, CA – June 4, 2018 – MolecularMD Corporation and Genoptix, Inc. announced today that they have entered into an exclusive agreement to market and perform diagnostic testing services and distribution of the MRDx® BCR-ABL Test. The MRDx® BCR-ABL Test is a companion diagnostic that is indicated as an aid in identifying Ph+CML patients in the chronic phase who are on Tasigna®* and are candidates for … Continue reading

Symphonic Distribution Makes Senior Hires in New York and Los Angeles

Source / by:  MusicBusiness Worldwide Independent distributor Symphonic Distribution has hired former Orchard exec Nick Gordon and Jaime Feldman, who previously worked at Universal Music, in the US. Gordon joins the company as Chief Client Officer & GM in New York. He was previously VP, Client Services at The Orchard, and was pivotal to the company’s client and technology growth that led to its acquisition by Sony Music. Prior to … Continue reading

Behind the deal: Two Orlando biz owners share thoughts on being acquired and landing equity

SOURCE:  Orlando Business Journal  By Matthew Richardson  – Staff writer, Orlando Business Journal Orlando Business Journal zeroed in on two M&A deals in Central Florida, talking to the top local executives to get insights on what led to the decision to sell their companies — or a majority stake in it — and more: Josh Brown, founder and CEO, PowerDMS What led to the decision to form a partnership with Frontier Capital? We were about three years … Continue reading

People Are Leaving Silicon Valley and Orlando Might Be the Next Hot Spot

SOURCE: Inc. By: Jeff Barrett CEO, Barrett Digital Affordability, tech talent pools and access to capital top the list. It costs $2000 to rent a U-Haul in San Francisco. Rent one anywhere else and it’s roughly $100. This year the Bay Area will lose more people than any other region in the country. The reason is a variety of factors; affordability, access to opportunity and technology making it increasingly easier to work from anywhere. … Continue reading

Ballast Point Ventures Announces Majority Recapitalization of PowerDMS

Ballast Point Ventures III, LP (“BPV”) is pleased to announce that Frontier Capital has led a majority recapitalization of its portfolio company PowerDMS, an Orlando-based policy management software company. BPV invested in PowerDMS in 2014 to help the Company grow its sales and marketing team and further enhance its technology platform by offering new features to its customer base. Founded in 2001 by Chief Executive Officer Josh Brown, PowerDMS offers … Continue reading

MolecularMD obtains FDA Authorization for the MRDx® BCR-ABL Test as a Companion Diagnostic for Treatment-Free Remission in Ph+ CML-CP Patients Treated with Tasigna

SOURCE: MolecularMD Portland, Oregon and Cambridge, Massachusetts – December 22, 2017 MolecularMD Corporation, a  diagnostics company that enables the development and commercialization of precision medicines in oncology, announced today the FDA authorization of the MRDx® BCR-ABL Test as a companion diagnostic. The MRDx Test is indicated as an aid in identifying Philadelphia chromosome positive (Ph+) Chronic Myeloid Leukemia (CML) patients in the chronic phase being treated with Tasigna®* (nilotinib) capsules who may … Continue reading

Fast-growing Tampa digital firm snares $4 million local venture investment

Ballast Point Ventures has invested in Symphonic Distribution Inc. The $4 million is the first outside capital invested in Symphonic, based in Tampa and one of the largest independent music companies in the industry. Symphonic, which partners with Apple Music, Spotify, Amazon, Pandora and others, provides new and established record labels and individual musicians with digital music distribution tools that allow content creators to quickly and cost effectively distribute their music … Continue reading

© 2018 Ballast Point Ventures. All rights reserved.