^ It really is nice that we have a lot of talented people working hard on this -- and belief from outsiders like Wexford and CIC. Its great to see some of the t-rexers leave the nest and get their own space downtown; small now for sure, but hopefully we'll see several big grows employing dozens, if not hundreds, of workers.
Disappointing that Saint Louis couldnt have stepped up, this would have been a great addition.
http://www.bizjournals.com/denver/blog/ ... y-for.htmlColorado beat out Missouri for the site of a $25.5 million research-and-development laboratory for Charter Communications Inc.
Charter (Nasdaq: CHTR), a Stamford, Connecticut-based cable-systems operator, was offered as much as $893,796 in job-growth incentive tax credits from the Colorado Economic Development Commission to chose Colorado for the lab.
LockerDome is probably the best bet for local growth at the moment.roger wyoming II wrote:^ It really is nice that we have a lot of talented people working hard on this -- and belief from outsiders like Wexford and CIC. Its great to see some of the t-rexers leave the nest and get their own space downtown; small now for sure, but hopefully we'll see several big grows employing dozens, if not hundreds, of workers.
^ That is insane amount of incentives to attract jobs.
I think you will find Charter expanding in St. Louis region with the latest deal to increase subscribers from Comcast, yes the center will be nice but they will continue to expand and add jobs. I wouldn't be surprise that they will also be going after a few of the smaller cable companies. What I would really like to see is Charter One Center instead of ATT One center in a few years.
I think you will find Charter expanding in St. Louis region with the latest deal to increase subscribers from Comcast, yes the center will be nice but they will continue to expand and add jobs. I wouldn't be surprise that they will also be going after a few of the smaller cable companies. What I would really like to see is Charter One Center instead of ATT One center in a few years.
Hopefully, LockerDome (Gabe Lozano) is adding another 25-50 employees n the 2nd half of this year. A couple of other up and coming companies in the downtown tech scene are: Hatchbuck (Don Breckenridge Jr), Pixel Press (Robin Raith) , and topOpps (Jim Eberlin). Each of these companies should be adding dozens over the next 12 months. Aisle411 (Nathan Pettyjohn) at CET in Cortex area could see a growth spurt soon as well. Many more potential winners coming out of T-REX (Juristat, Tunespeak, Rovertown, Gremln). Latest T-REX numbers are 82 companies and 204 employees. They have picked up 36 employees since they moved over to 911 Washington back in March. On July 1 another new 20 companies will be joining T-REX from Arch Grants. The place is getting pretty full. Great things happening and better things coming from the tech scene in 2014.
^ ArchAngels held a meeting yesterday and I heard from a friend/investor that LockerDome reported some very positive growth stats.
By the way, here's a graphic courtesy of ITEN that visualizes our startup ecosystem. Awesome!
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By the way, here's a graphic courtesy of ITEN that visualizes our startup ecosystem. Awesome!
T-Rex has a nice article on companies that have recently outgrown their space:
http://downtowntrex.com/2014/05/startup-footprint/
http://downtowntrex.com/2014/05/startup-footprint/
TechArtista Opens In St. Louis’ Central West End. Looks nice!
http://techli.com/2014/05/techartista-o ... -west-end/
http://techli.com/2014/05/techartista-o ... -west-end/
This looks great! I didn't even know they were there but now I'm very excited that they're pushing development of the cwe northward.
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Oh jeeze, the legislature also killed a proposed source of matching capital for Arch Grants type start-up funds in large part due to embryonic stem cell opposition:
http://www.bizjournals.com/stlouis/blog ... -dies.html
http://www.bizjournals.com/stlouis/blog ... -dies.html
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roger wyoming II wrote:Oh jeeze, the legislature also killed a proposed source of matching capital for Arch Grants type start-up funds in large part due to embryonic stem cell opposition:
http://www.bizjournals.com/stlouis/blog ... -dies.html
So why don't the St. Louis, KC, and Columbia media groups start pounding the conservative legislature about this. They are KILLING jobs right now. Aren't jobs what republicans pretend to care so much about? I'm pissed about this and I want to see the liberal media in Missouri take them to task on this.
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^ Its not just liberals who are upset about some of the aspects of this crazy legislature. Chamber of Commerce types aren't happy with these social issue hang-ups and it was actually pushing pretty hard for Medicaid expansion... hospitals like BJC are really getting burned without it.
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siu850956106 wrote:roger wyoming II wrote:Oh jeeze, the legislature also killed a proposed source of matching capital for Arch Grants type start-up funds in large part due to embryonic stem cell opposition:
http://www.bizjournals.com/stlouis/blog ... -dies.html
So why don't the St. Louis, KC, and Columbia media groups start pounding the conservative legislature about this. They are KILLING jobs right now. Aren't jobs what republicans pretend to care so much about? I'm pissed about this and I want to see the liberal media in Missouri take them to task on this.
I was just reading about that... All i can say is what a shame.. What is our state doing
Wow this has to be one of the most stupid things that our backwards state legislature has done recently. But what is the solution? What would get them to listen? What would allow the urban areas to get more say and get more of our economic and planning power back? Maybe the problem is that we have more seats in our state government than California does so fringe ideas get too much of a say. Maybe the cities don't have enough lobbying power? Maybe the problem is that fewer people actually want to live in Jeff City so we don't get the best possible candidates for state government? Maybe we'd get better state officials if we moved the Capitol to someplace people want to live? (like St. Louis)roger wyoming II wrote:Oh jeeze, the legislature also killed a proposed source of matching capital for Arch Grants type start-up funds in large part due to embryonic stem cell opposition:
http://www.bizjournals.com/stlouis/blog ... -dies.html
An acquaintance of mine recently went to Jeff City to argue for the medicare expansion and my understanding is that they were rather poorly treated by the statesmen. Nothing I have heard of the statehouse since then has assured me that they are competently moving Missouri forward.
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Arch Grants announced 2014 recipients this morning:
http://www.bizjournals.com/stlouis/blog ... l?page=all
2 will be coming from London and 1 from Colombia.
http://www.bizjournals.com/stlouis/blog ... l?page=all
2 will be coming from London and 1 from Colombia.
Good article today on the Indianapolis technology scene and how the fledgling St. Louis tech scene might support the elimination of the downtown ghost building problem in the next 4-5 years. http://www.stltoday.com/business/column ... uE.twitter
Hmmmm... I'm not sure how encouraging that is....What might that success (in STL) look like? Forget any overhyped talk about becoming the Silicon Valley of the Midwest. We’re not likely to replicate Austin, Texas, either. Realistically, Brian Matthews thinks, St. Louis’ technology sector can hope to be like Indianapolis when it grows up.
^ exactly, I don't know why St. Louis is so obsessed with trying to model ourselves after much smaller cities that have little similarities with us like Indianapolis, Louisville, and Nashville. I yearn for the day we aspire to be like cities in our size range that are crushing us right now like Minneapolis, Denver, even Baltimore.
As far as Indianapolis, I've never heard of them being a tech hub. Just having a modest amount of tech jobs doesnt make you a tech hub, its about culture, institutions, built environment etc. Maybe I'm confused by I don't recall Indianapolis having anything like Cortex. I think we are really being modest, Cortex has the potential to fundamentally change our region.
As far as Indianapolis, I've never heard of them being a tech hub. Just having a modest amount of tech jobs doesnt make you a tech hub, its about culture, institutions, built environment etc. Maybe I'm confused by I don't recall Indianapolis having anything like Cortex. I think we are really being modest, Cortex has the potential to fundamentally change our region.
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^ Whether considered a tech hub or not, I'd love to have already reached the point like Indy that several start-ups have matured to the point where they were sold for hundreds of millions of dollars and now employ hundreds of workers downtown. We haven't had anything like that sort of success yet, and as Nicklaus points out its largely because we are rather late to the game with and still underfunding venture capital, etc. I see this as more or less the T-Rex side of things, where hopefully we can incubate some nice sized winners that can make a mark on downtown employment and leasing.
But you're right on Cortex, this innovation center really has the potential to re-shape our image and allow us to compete among a relatively select few areas.
But you're right on Cortex, this innovation center really has the potential to re-shape our image and allow us to compete among a relatively select few areas.
Good news from LockerDome today. They continue to grow at a nice pace as they now exceed 40 million monthly unique visitors. http://www.forbes.com/sites/brentbeshor ... y-uniques/ That is double their rate since they launched their new version in December of 2013.
Yurbuds sells to Harman International. Team to remain in St. Louis. http://www.stltoday.com/business/local/ ... d8e74.html
A good day for for downtown St. Louis Technology firms.
A good day for for downtown St. Louis Technology firms.
In regards to the Indianapolis P-D article, I personally think small tech successes are just as valuable - if not more valuable - as bigger successes. Don't get me wrong, it would be great to see smaller St. Louis tech firms blossom into the next Google and Yahoos. Answers, with its fast growing portfolio is about the biggest social media tech firm to emerge in the region. If or when it goes public, it would likely be a big notch on St. Louis' belt. Or if it is bought, it could fetch a pretty penny.
Keep in mind that although St. Louis hasn't achieved a really big "exit" (if you don't count SAVVIS) like those in Indianapolis yet, what put St. Louis on the tech map are the number of smaller tech companies in the region and how rapidly many of them are growing - not to mention their products. This shouldn't be underestimated by the P-D writers. Lockerdome, Aisle411, Gremln, Pixel Press, Trackbill, Juristat, Givver, Click With Me Now, etc. etc. are making waves nationally.
St. Louis currently has three of the biggest VC firms - which are new for the most part - in the Midwest. By all accounts, so far St. Louis possesses the most successful innovation district in the Midwest. TRex is one of the Midwest's leading incubators. Arch Grants, Launchcode etc. The presence of big anchor firms such World Wide Technology, Mastercard, Perficient, etc. help to add fuel to the local tech sector.
Although St. Louis is just beginning, these accomplishments are nothing to minimize. I'd say St. Louis is growing up pretty fast. She's made a big splash. A couple of really big exits would only be the icing on the cake and indicative that St. Louis is well on her way. With Techshop, CIC and others on the way I am eager to see what's going to happen in future.
Keep in mind that although St. Louis hasn't achieved a really big "exit" (if you don't count SAVVIS) like those in Indianapolis yet, what put St. Louis on the tech map are the number of smaller tech companies in the region and how rapidly many of them are growing - not to mention their products. This shouldn't be underestimated by the P-D writers. Lockerdome, Aisle411, Gremln, Pixel Press, Trackbill, Juristat, Givver, Click With Me Now, etc. etc. are making waves nationally.
St. Louis currently has three of the biggest VC firms - which are new for the most part - in the Midwest. By all accounts, so far St. Louis possesses the most successful innovation district in the Midwest. TRex is one of the Midwest's leading incubators. Arch Grants, Launchcode etc. The presence of big anchor firms such World Wide Technology, Mastercard, Perficient, etc. help to add fuel to the local tech sector.
Although St. Louis is just beginning, these accomplishments are nothing to minimize. I'd say St. Louis is growing up pretty fast. She's made a big splash. A couple of really big exits would only be the icing on the cake and indicative that St. Louis is well on her way. With Techshop, CIC and others on the way I am eager to see what's going to happen in future.
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^ While I understand patience is in order as we develop an industry that is still in its infancy in Saint Louis, I still envy peer cities that have several start-ups that are employing a couple hundred or more instead of a maybe a couple dozen at best. I really hope we can get a break out company or two in short order that can make a dent in downtown office space.
Good points! Really all we need is one or two of these companies to blow up and that could equal thousands of new jobs to the area. Think about it. If we would have had this ecosystem when Square and Twitter got going, we would be debating what part of downtown they are going to put their headquarters in. I honestly think we have the potential to be the innovation hub of Middle America. Articles like we saw with the Brookings Institute just confirm that.arch city wrote:In regards to the Indianapolis P-D article, I personally think small tech successes are just as valuable - if not more valuable - as bigger successes. Don't get me wrong, it would be great to see smaller St. Louis tech firms blossom into the next Google and Yahoos. Answers, with its fast growing portfolio is about the biggest social media tech firm to emerge in the region. If or when it goes public, it would likely be a big notch on St. Louis' belt. Or if it is bought, it could fetch a pretty penny.
Keep in mind that although St. Louis hasn't achieved a really big "exit" (if you don't count SAVVIS) like those in Indianapolis yet, what put St. Louis on the tech map are the number of smaller tech companies in the region and how rapidly many of them are growing - not to mention their products. This shouldn't be underestimated by the P-D writers. Lockerdome, Aisle411, Gremln, Pixel Press, Trackbill, Juristat, Givver, Click With Me Now, etc. etc. are making waves nationally.
St. Louis currently has three of the biggest VC firms - which are new for the most part - in the Midwest. By all accounts, so far St. Louis possesses the most successful innovation district in the Midwest. TRex is one of the Midwest's leading incubators. Arch Grants, Launchcode etc. The presence of big anchor firms such World Wide Technology, Mastercard, Perficient, etc. help to add fuel to the local tech sector.
Although St. Louis is just beginning, these accomplishments are nothing to minimize. I'd say St. Louis is growing up pretty fast. She's made a big splash. A couple of really big exits would only be the icing on the cake and indicative that St. Louis is well on her way. With Techshop, CIC and others on the way I am eager to see what's going to happen in future.
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Just read where Arch Angels sent a postcard to Candy Lab founder who was in San Diego encouraging him to apply for the program. The start-up is now here and it has had a handful of new hires... looks like a pretty cool company that could have a bright future. Hopefully they'll grow and stay a long time, but even if not it was still worth the 50c for the postcard!