Posts by Tommy Felts
Wave’s $405M acquisition a move toward ‘bigger, bolder, faster’ H&R Block, CEO says
The $405 million acquisition of Wave Financial wasn’t about H&R Block’s image — it was a move to join like-minded companies in the trenches of innovation, no matter the weight either surging business holds, said Jeff Jones. “We knew strategically that industry makes Wave a fit with H&R Block, and then it was a matter…
Read MoreVenture for America fellows bringing diversity of thought to KC tech, investment firms
Venture for America fellows are flocking to Kansas City, said Kate Loar. “Venture For America’s initial Kansas City champions: the Ewing Marion Kauffman Foundation, Pepper, KCRise Fund, and Super Dispatch set the groundwork for growth in KC,” noted Loar, VFA director in St. Louis and Kansas City. “We’re excited to expand the local VFA cohort…
Read MoreInto the weeds: Your corner CBD store might’ve just lost its bank thanks to a slow-to-innovate industry
Banking as a mom-and-pop CBD shop can be treacherous, said Kyle Steppe. “Our first week in business, our bank shut us down and liquidated all of our assets,” said Steppe, who operates KC Hemp Co. with his wife, Heather. Their downtown Overland Park storefront is one of many independent, regional CBD sites suffering from the…
Read MoreCrowdfunding sites won’t pay your medical bills, Sickweather CEO says, launching reciprocating donation platform
Crowdfunding can help, but such tactics are unlikely to cover the medical bills of a person struggling with mounting healthcare costs, Graham Dodge said. “The unrealistic amount of self promotion needed to reach people outside your own personal network — which can happen if the media picks up on your story — is the main…
Read More$50K inclusion grant to KCMO a step toward ‘most entrepreneurial city’ for everyone
Kansas City, Missouri, pocketed a major win for the entrepreneurial community Wednesday, becoming one of 10 cities in the nation to be selected for the City Accelerator initiative for inclusive contract procurement. The city will receive a $50,000 grant by the Citi Foundations and Living Cities to increase the opportunities for firms owned by people…
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