article thumbnail

Cosi Files For Bankruptcy

PYMNTS

According to reports, the Boston-based chain has filed for bankruptcy as it looks to restructure its debt load and conduct a sale process. Cosi has been traded on the Nasdaq since 2002 and saw its share price peak at around $40 per share in 2006. We worked very hard to avoid this step,” said Mark Demilio, Cosi’s chairman. “[T]he

Boston 100
article thumbnail

The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. SVB operates through 30 offices in the USA, Canada, UK, Israel, Germany, Denmark, India, Hong Kong, and China. MetroCity Bankshares, Inc. But here I go.

Capital 78
article thumbnail

Most Platforms Can’t Scale, Will Fail

PYMNTS

Between early 2005 and early 2006 they did a bunch of things to get to critical mass. By early 2006, they had “ignited.” If you look at a graph of their traffic and video uploads over 2005 and 2006, you’ll see the classic hockey stick that every platform needs to aspire to. That’s really been the story in payments.

Bitcoin 100
article thumbnail

Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Increased expenses, supply chain inefficiencies, and the need to enhance operating results contributed to the perfume retailer’s bankruptcy, which was court-approved in October.

Retail 78
article thumbnail

Guest Post: First Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

At least we are not in Boston. It has been nine years since the Fed last tightened policy in June, 2006; maybe they are getting anxious. The US has led the world in energy and oil production from its shale and fracking operations. We need a change of seasons! and should be returned to “normal.”

article thumbnail

20 Alums Make the First Forbes Fintech 50

Fintech Labs Insights

To make the cut, companies were required to have operations in the U.S. HQ: Boston. Founded: 2006. While the list excludes financial giants, Forbes included startups acquired by larger companies but operating independently. . and a viable product.*. ” This year, 20 Finovate and FinDEVr alums made the cut: Algomi.