Times of Entrepreneurship Stories
Diversity Isn’t Just About Race. It’s Also About Class.
An Entrepreneur Reinvents The Dream of Homeownership
Unlike many entrepreneurs who’ve made their fortunes in the digital economy, Mark Wolf has made his through bricks-and-mortar. Over the past decade he’s built a $1.6 billion real estate development company that builds communities where people rent instead of own.
Venture Spotlight: Boomerang Ventures in Indiana Focuses on MedTech and Health
Oscar Moralez was one of the founders of the Indianapolis-based Biostorage Technologies, which was sold in 2015 for $127 million. Now he’s launching a healthtech venture studio, Boomerang Ventures.
What You May Have Missed
Vermont Farmer Creates A New Drink Category With Roots In The Past
Shrubbly founder Matt Sayre created the first sparkling shrub drink, ready to drink out of the can, no mixing necessary. It’s delicious, and it has another selling point. The key ingredient in Shrubbly are aronia berries, which might be the next pomegranate or acai berry.
A Venture Capitalist Asks: Do Venture Capitalists Add Value?
News With A Future Spin
It Was a Week of AI. Melissa Meikkilä, a writer for MIT Technology Review, asked AI app Lensa to create avatars of herself – as her male coworkers were doing. Out of 100, 30 were sexualized or nude. The headline: The viral AI avatar app lensa undressed me without my consent. Read the story here.
Living the dream
One Place To Go: Starting to speak of Christmas, there’s a town in Indiana called Santa Claus, which draws tourists this time of year. You might be tempted to think this is an example of capitalism run amok, but according to Encyclopedia Britannica the townspeople who laid out the town in 1846 landed on the name as a joke, after their first choice, Sante Fe, was already taken. Here’s the tourism web site.
Holiday Gifts: Shop at Ten Thousand Villages, one of the grandmothers of the fair trade, shop-for-good movement, which features art and handcrafts from makers around the world. A bonus: their guide to parties without plastic.
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This story and others on New Builders Dispatch are made possible by a sponsorship from the Ewing Marion Kauffman Foundation. The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that provides access to opportunities that help people achieve financial stability, upward mobility, and economic prosperity – regardless of race, gender, or geography. The Kansas City, Mo.-based foundation uses its grantmaking, research, programs, and initiatives to support the start and growth of new businesses, a more prepared workforce, and stronger communities. For more information, visit www.kauffman.org and connect with www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.