Indianapolis Business Journal

JANUARY 25-31, 2016

Score one for Indianapolis tourism officials, who just secured a long-term contract for the city to host the NFL Scouting Combine as a major competitor entered the fray. Anthony Schoettle has the details of the deal. Also in this week’s issue, Lindsey Erdody reports on the Pittman family dispute that could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties. And in Focus, Jared Council goes behind the scenes of four major venture capital deals.

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Lawsuits deluge operator of towing business

Brian Fenner, owner of Sperro Towing and Recovery and a former repo man, has been sued at least 14 times since October 2014 in Marion and Hendricks county courts, with lenders demanding he give back dozens of cars worth hundreds of thousands of dollars.

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Eiteljorg museum makes layoffs as attendance, revenue fall

The dismissal of five full-time workers marks the first layoffs for the downtown museum since 2009. But the Eiteljorg is preparing to launch a 5-year campaign to boost its $20 million endowment, a move that could stabilize operating revenue for future years.

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FocusBack to Top

Executives, networking helped make 2015 a watershed year for VC funding

Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.

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OpinionBack to Top

In BriefBack to Top