Tag: entrepreneurs

Johns Hopkins Student Start-Up Creates “the Starbucks of Chocolate Truffles”

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It began with cocoa powder, heavy cream, and a communal kitchen in a sophomore dorm; just a few months later, Johns Hopkins student Jamasen Rodriguez’s chocolate company had $100,000 in start-up money, and was named one of Inc. Magazine’s coolest college start-ups of 2013.

Baltimore Moms Find Flexibility Key to Juggling Family LIfe

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The job interview was coming to a close, and I knew I had to make a decision fast. Dancing around the issue of flexibility, I made a general inquiry about office culture. Having controlled my work schedule as a self-employed writer since becoming a mom 11 years ago, I was terrified at the prospect of being locked into a 9 to 5 office job with little wiggle room for sick children, school plays and teacher conferences (not to mention early morning yoga classes and occasional lunch dates with friends). As the employer—a single woman with no children—acknowledged the high level of stress in her bare bones communications office, I decided to go for it.

“I should probably tell you,” I interjected haltingly. “I have no problem doing what it takes to meet deadlines, including working from home in the evenings. But I will need to leave at a pre-determined time every day to pick up my kids from school.” Then I exhaled, a wave of relief mingling with dread washing over me.

Top 10 Venture Capital Deals in Baltimore-Washington

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Courtesy of Citybizlist – Of the 40 venture capital deals involving Washington D.C. and Baltimore metro area companies in the first quarter 2012, the top 10 hauled in 81 percent of the committed capital with a combined $166 million.

The leader, Intrexon, which develops DNA control systems to enhance the safety and efficacy of biological therapeutics, is no stranger to large dollar investments. The company had already raised $145 million by last September.

IPO to Make Instant Millionaires of Millennial Media Founders

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Watch for these two names: Paul Palmieri and Chris Brandenburg.  Both are poised to become Kevin Plank-important, and soon.

With the filing last week of the necessary documents for an initial public offering of Millennial Media, the Baltimore-based mobile ad network is sure to make multi-millionaires of its 40ish founders — Palmieri and Brandenburg. The documents put the value of the company at $305 million. And it’s just the beginning. See filing at Citybizlist

Five-year-old Millennial Media is the largest independently owned mobile ad network, with offices in Baltimore, London, DC, New York, San Francisco, Los Angeles and Singapore. Its two major competitors — Admob and Quattro — are owned by tech giants Google and Apple. According to TechCrunch, Millennial has seen growth of 138 percent in the last year with revenues near $70 million in the first nine months of 2011. Net losses, meanwhile, declined from $5.4 million to $417,000. 

While the company and its co-founders are well-known in the tech community — both have been the recipients of too many awards to list here — they are less known in and around Baltimore.  Palimieri graduated from Mount St. Mary’s College in 1992 and lives in Hunt Valley. Brandenburg is a UMBC grad, who is from Harford County.

So if you’re a development director looking for deep-pocketed board members or a scientist in search of someone to fund your latest study or a just an ambitious artistic visionary in search of a patron, you should probably friend these guys on Facebook, or better yet, connect with them on LinkedIn. But don’t get hurt feelings if they ignore your request. They’re kind of busy right now…

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