At Scarlet Startups, VC Brett Topche Discusses Fascinating Story Behind Jet
Undeniably, the biggest startup story in New Jersey in 2016 happened in August, when Walmart agreed to acquire Jet, the Hoboken-based e-commerce site for $3.3 billion. It may have been the biggest e-commerce exit in history, according to Brett Topche, whose firm, Mentor Tech Ventures, now known as Red and Blue Ventures, had invested in the deal.
From Don Katz, CEO of Audible: Embracing the Comeback of a Great American City through Tech
In 2017, Audible will celebrate 10 years since we set up our world headquarters here in Newark. We decided to embrace the comeback of a great American city as a defining cultural principle for the company, because I’ve long believed companies can have hearts and souls and missions that transcend financial gain.
From Isaiah Little of Code for Newark: A Civic Coding Initiative Gets Stronger in 2016
Our Most Popular Story of 2016: Propeller
When Aaron Price imagined Propeller –a SXSW-type festival that would take place on a pier in Hoboken –there were a lot of skeptics. After all, who would come to New Jersey for such a thing? And who would sponsor it? Surely, it was too tall an order to pull off in a short amount of time. But Price –together with hundreds of volunteers and some professional help—brought Propeller to New Jersey and the result exceeded expectations by a longshot.
An Academic Perspective: Cross-Sector Collaboration at the Heart of Newark’s Tech Renaissance
Newark is making headlines today as a great place to live and work—and buy what you need to do both. And underlying all of that is expansive, cross-sector collaboration. For example, Rutgers University – Newark is partnering with a coalition led by Audible.com, including Prudential Financial, The Fidelco Realty Group, Dun & Bradstreet and others to tap local talent and cultivate new generations of local tech entrepreneurs through Newark Venture Partners, which provides them with financial backing, mentoring and business and technical expertise — all housed at Rutgers Business School in Newark.