The endurance test that is entrepreneurialism

We were immensely impressed reading about ultra-marathon runner Karl Meltzer’s hiking of the entire Appalachian Trail recently. Meltzer averaged an insane 47 miles of hiking a day for 45 consecutive days to accomplish this record. While we are no endurance athletes ourselves, we thought that Meltzer’s feat held some relevance for the endurance test that is entrepreneurialism, so we dug a little deeper to find out how he went about … Continue reading

The NVCA’s letter to the President-elect

The National Venture Capital Association (NVCA) has sent a letter to President-elect Donald Trump outlining how the entrepreneurial ecosystem is the key to creating new jobs and economic opportunity for Americans who feel left behind by the modern economy. The letter outlines an agenda crucial for supporting entrepreneurship and building a strong economy in all areas of the country, including: a tax policy that encourages new company formation; making capital markets … Continue reading

Thanksgiving: the forgotten entrepreneurial tale

Every child in America learns of the hardships endured by the Pilgrims as they established Plymouth Colony.  Some lucky ones even learn how the Pilgrims found salvation via private property, division of labor, and capitalism.  The luckiest ones of all learn about capital preservation when a venture capital investment fails. When a group of Puritans known as “Separatists” fled England they first settled in the Netherlands, where they took menial … Continue reading

Birmingham tech firm scores $5M investment

Posted November 14th, 2016 by Birmingham Business Journal A Birmingham company is poised to capitalize on nearly two decades of steady growth and innovation in financial technology, thanks to a $5 million venture capital investment from Florida-based Ballast Point Ventures. Prepaid Technologies in October announced the investment, just months after it teamed up with Visa to provide wearable tech payment rings at the summer Olympics. Though Prepaid believes wearable tech … Continue reading

Florida Cities Conquer World’s Best City List

Congratulations to Tampa, Orlando and Miami on making the list of the top 100 World’s Best City Brands!  It’s no surprise to us, but it’s nice to see others recognizing great Florida cities! Why Tampa was named a World’s Best City brand Posted November 8th, 2016 by Tampa Bay Business Journal Tampa has made it onto the list of 100 of the World’s Best City Brands, taking the No. 81 spot. … Continue reading

TicketBiscuit Looks Towards Its Next Phase of Growth

What’s next for TicketBiscuit after its $5M funding win? Posted October 20th, 2016 by Birmingham Business Journal Birmingham software company TicketBiscuit is looking to a new phase of growth, thanks to a $5 million investment from a Tampa-based venture capital and growth equity firm. Ballast Point Ventures recently confirmed its investment in the Birmingham ticketing software company, which TicketBiscuit CEO Jeff Gale called an “endorsement.” “Investors are smart, especially institutional … Continue reading

BPV Invests in Birmingham-based TicketBiscuit

Birmingham tech company lands $5M investment Posted October 17th, 2016 by Birmingham Business Journal One of Birmingham’s fastest growing companies has landed a $5 million investment from Ballast Point Ventures. TicketBiscuit, an online ticketing and event management software company, announced the investment Monday. The company plans to use the funds to “grow its sales force, bolster marketing efforts and develop additional technology products.” “This investment opens up serious growth opportunities for … Continue reading

How Prepaid Technologies and Visa teamed at the Olympics

Birmingham’s Prepaid Technologies is playing a pioneering role in the emerging wearable technology market. The company provided back-end support for Visa’s Olympic payment ring program this summer, which Team Visa athletes used in Rio to make purchases and withdraw cash without carrying around a wallet or credit cards. Prepaid President Stephen Faust describes Prepaid’s role as “quarterbacking”, ensuring Visa’s playbook came to fruition on the field. “Someone will have an … Continue reading

Introverts can be undervalued, Chapter III

We have written before that introverts are often undervalued in the business world (August 2015) given that introverts often have characteristics which manifest themselves in a positive way in building high-growth businesses: – a more focused mindset to their leadership style – better at dealing with setbacks (because they need less external validation) – more realistic when listening to feedback or analyzing information (because they do less public promotion of themselves) … Continue reading

When You Change the World and No One Notices

We’ve written that it’s a long and difficult journey from idea to successful business, and entrepreneurs need partners who intuitively understand the right kind of support to offer over the long term during which failure can be counted on to make at least a cameo appearance.  In other words, the road to both successful and failed business models can be paved with “innovation.” That road can also be long and involve a great deal … Continue reading

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