Highlights last week on Philly Tech News (7/16/2012 to 7/22/2012): Phillies, First Round Capital
I looked at the Phillies' decision to go with a new ticketing system from a company owned by Major League Baseball, and some of the possible reasons behind it.
There were several significant fundraising rounds for First Round Capital portfolio companies including $105 million for Fab.com, and also one exit.
In this past week's edition of Philly Tech People News, I highlighted some personnel moves (and an award) for some top Comcast executives.
Philly-based off-price retailer Five Below had a very successful IPO, raising its offering price and bringing in $163 million, and then seeing the price shoot up 56% on the first day of trading. Also, the results of the July Philly Fed Business Outlook Survey were once again not very encouraging.
DreamIt Ventures is bringing its program to Austin this winter, and plans to show off its class at SXSW 2013.
The University of Pennsylvania joined CalTech and private VC firms in investing in online higher ed course platform Coursera. UPenn had been among the first schools to offer classes through Coursera.
NBCU reorganized its news operations, placing all of its news-related properties into a new NBCU News Group headed by Patricia Fili-Krushel, who will report to NBCU CEO Steve Burke. And the Wall Street Journal's Holman Jenkins wrote an interesting column questioning Comcast's current strategy of integrating content ownership with being a communications provider.
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