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The Main Street Rescue That Wasn’t (And Still Isn’t)

PYMNTS

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic.

Maine 218
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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Community Bank Advisory Council Members.

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2021 GonzoBanker Awards

Gonzobanker

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Inspirational?

Fintech 147
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Retail’s Small Business Crisis

PYMNTS

today — one that Jason Furman, the chairman of President Obama’s Council of Economic Advisors, detailed in a speech he delivered in Chicago last fall. Clover Food Labs was one food truck with a Square reader in Boston in 2008. Taken together, this marks a very different small business scene in the U.S.

Retail 134
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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Vegan fast casual: By Chloe (NYC, Boston, LA, Providence, London). Community initiatives: Loom (Massachusetts). The restaurant has 12 current locations, in New York, LA, Providence, Boston, and most recently London, and another 20 are planned. In Boston, Oleana founder Ana Sortun opened the lunch and takeout venue Sofra.

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WeWork, Sweetgreen Pair On Order-Ahead

PYMNTS

The collaboration is in seven cities: New York, Los Angeles, San Francisco, Chicago, Philadelphia, Boston and Washington, D.C., With this capital, Sweetgreen wants to expand its business into other food categories, as well as look into blockchain technology to assist in the transparency of its supply chain. “As

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. via Chicago Tribune. The 101 Biggest Product Failures Of All Time.

Capital 78