TiE NJ Leadership Chat, Kearny Point, Jumpstart NJ Angel News And Audible Bucks

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We wish all the veterans in the New Jersey technology community a belated Happy Veterans Day.

On Wednesday, the TiE NJ group held a leadership chat with Bhaskar Sambasivan, the new CEO of Princeton-based CitiusTech, in conversation with Anjan Lahiri, the group’s chairman.
Sambasivan explored how new leadership can make changes without disrupting the company, by framing those changes as a continuation of current policy.
He also spoke about establishing an “outside-in” culture, putting the customer first.
If you put the customer first, then you are encouraged to have arguments internally.
“You can pick fights with even senior management just to ensure that the client is served in the best possible manner.”

Shihab Kuran, CEO of Power Edison | Courtesy Power Edison

Kearny Point, an industrial park that is home to many innovative companies, will soon be the site of an electric vehicle charging hub.
Power Edison of Watchung and Hugo Neu realty managementbased in New York will work together on creating the hub.
This project will be comprised of more than 200 high-power fast chargers sited at Kearny Point Industrial Park
The Park is 10 minutes from the Port Newark-Elizabeth Marine Terminal, and 10 minutes from New York City.

Stephen Dyer, chairman of Jumpstart New Jersey Angel Network | Courtesy Stephen Dyer

Westchester Angels and the Jumpstart New Jersey Angel Network have formed a strategic partnership.
The two angel groups will cooperate on deals and pool their due diligence efforts.
Stephen Dyer, chairman of JumpStart, said that the partnership will accelerate deal flow significantly, raising more capital for startups across the tri-state area.

Audible, the Newark-based audiobook and tech company owned by Amazon, known for subsidizing lunches for its employees at local Newark restaurants, has extended that idea into the community.
The company launched “Audible Bucks” a six-month pilot program in collaboration with Rutgers University-Newark, NJIT, FOCUS Hispanic Center for Community Development and the Newark YMCA.
Powered by Newark Venture Partners portfolio company Mobility Capital Finance (MoCaFi), the program will provide a weekly $75 stipend to provide discretionary income to help offset students’ cost of living.
The intention is to drive spending at local businesses to support Newark’s economic recovery and overall financial wellness in the community.

Esther is the Founder and Editor in Chief of NJ Tech Weekly