For much of the past decade, venture capitalists showered dollars upon clean-technology startups with promising-sounding ideas in areas like solar, electric cars and biofuels.
That era appears to have ended.
Banks throughout the country are putting new practices in place to comply with an onset of new federal regulations prompted by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and other post-meltdown rule changes. Those expensive efforts are sparking major changes and concerns for some of the Capital Region’s smaller lenders.
Most businessmen have a dream of the business they want to build before they begin. Brian Watwood’s vision for his new company was born in a personal nightmare.
Call them the face of the new frugal. Erica Rhyne-Christensen and fiancé Bryant Giorgi, both 27, don’t vacation much. They hardly eat out. Until recently, they rented rooms in a group house for $400 a month each instead of getting solo apartments, and they didn’t have TV.
Chris Forsyth has a ritual: every time he finishes working on a campaign, he treats himself to a new tattoo. Having worked in the state Capitol for nearly 20 years, the heavily painted chief of staff to Senator Jim Beall (D-San Jose) estimates that about 15 percent of state lawmakers have at least one tattoo.
Terry Green was sitting at home a few years ago when his cell phone rang.
Would his company be interested in doing some projects in China?
Low testosterone. For men, these words have the same foul odor as “impotence,” “shrinkage” or “Justin Bieber.” The topic is taboo. Throughout civilization testosterone has been prized as the lifeblood of manhood, so a deficit would imply, by definition, that we are somehow less manly.
“Small Market, Big Heart” tells the story of the Sacramento Kings and their fans’ fight to hold onto the team. But the 80-minute documentary — packed with NBA archive footage and interviews with Kings’ executives, local politicians and sports entertainment personalities — isn’t from the NBA offices or an established production company.
Congratulations Sacramento. You finally got the economic recovery you’ve been asking for.
It’s not as big or fast as you had wished for, but give it time. It should get stronger as we move toward 2014.