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| February 09, 2010 |
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local news
TechStars' EventVue shuts down
BOULDER - EventVue Inc., a 2007 TechStars team that connected eventgoers before the event, has closed.
Rob Johnson, the Boulder-based company's co-founder, said ultimately he and co-founder Josh Fraser closed the business because they ran out of money. However, he said there were many reasons they ran out of money - including that they didn't seek more capital from investors.
"We never found that market," Johnson said.
He said, as a company, they learned what not to do next time, such as: Waiting too long to address big problems, trying to sell the product before it was ready and making early hiring compromises instead of smart decisions.
That knowledge kept them from asking their angel investors for more money. But Johnson said he'll be back.
After taking some time off to digest and rest, Johnson said he'll likely start a new company or join an existing one.
"Once you get the (entrepreneurial) bug, it's hard to stay away from it," he said. |
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Gaiam, Reebok sign licensing deal
LOUISVILLE - Reebok International Ltd. has signed a multiyear licensing agreement with Louisville-based Gaiam Inc. to launch a line of DVDs, fitness accessories and workout kits.
The Reebok branded fitness DVDs are scheduled to launch in March 2010, with accessories following in summer and fall of 2010.
Gaiam (Nasdaq: GAIA), a healthy lifestyle media company, and Reebok, a subsidiary of the adidas Group based in Canton, Mass., will produce a series of Reebok branded DVDs to be released throughout the duration of the agreement.
Two new programs, Cardio Tone and Boot Camp, will launch in March 2010 and will be available wherever fitness DVDs are sold. The fitness content of the DVDs was developed by Reebok and Reebok instructors Sara Haley and Tanja Djevelic.
"Reebok has a long history of bringing innovation to the world of fitness and has always taken a different approach to bringing fitness to consumers," said Katrin Ley, Reebok's head of brand strategy and business development. "At Reebok, we believe that exercise and staying in shape should be fun - not a chore. This belief served as the basis for our collaboration with Gaiam. Both brands believe these products will not only enhance our consumer's fitness experience but also help bring the fun back to fitness."
"Gaiam and Reebok share the same broad goals of helping people live a healthy lifestyle and we see the Reebok brand and its consumer demographics and appeal as complementary to Gaiam's brand positioning," said William S. Sondheim, Gaiam's president of entertainment and distribution.
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Level 3 provides services to USGS
BROOMFIELD - Level 3 Communications Inc. (Nasdaq: LVLT) will provide content delivery network services to the United States Geological Survey, or USGS, a bureau of the Department of the Interior.
The services will optimize Web site performance for www.usgs.gov and related Web sites that deliver publicly available information about natural resources and hazards, including critical updates about earthquake activity.
Under the terms of the multiyear agreement, Broomfield-based Level 3 will deliver online content caching and downloading. These services cache Web site files in numerous locations across the Level 3 network. Redundant content storage and delivery capabilities help to ensure Web site availability and performance, particularly during earthquakes and other natural hazards that drive unpredictable demand for online content, such as interactive maps and video.
Financial terms of the deal were undisclosed.
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Kmart to close store in Longmont in May
LONGMONT - Kmart plans to close its store in Longmont at 2151 Main St. this May.
The national retailer, which is owned by Sears Holding Corp., (Nasdaq: SHLD) said the closure would be part of 1,300 Kmart stores closing nationwide. Longmont's location was the sole Kmart closing in Colorado. The company has nearby stores in Broomfield and Loveland.
About 59 full- and part-time workers will be affected by the closing, and officials said the company would look to move as many employees to other local Kmart and Sears stores.
A liquidation sale at the Longmont Kmart is scheduled to begin Feb. 21.
K-Mart leases its space in the 84,180-square-foot building on the northwest corner of Main Street and 21st Avenue. Florida-based real estate investment group Gator Horizon Partners Ltd. owns the property, acquiring it for $2.1 million in 2000, according to Boulder County public records. The ownership group could not be reached for comment.
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Haiti fundraiser to feature Chris Daniels
BOULDER - A fundraiser to benefit victims of the recent earthquake in Haiti is planned for Friday, Feb. 19, at the Elks Lodge, 3975 28th St. in Boulder.
ABCDEFG Haiti, will run from 7 p.m. to midnight and feature performers including Chris Daniels, Ayo Awosika, Jaden, Megan Burtt, Rob Drabki, Kyle James Hauser and other special guests.
The unusual name stands for Amazing Boulder Carnival Dance and Earthquake Fund Gathering for Haiti.
The Mardi Gras-themed event will be hosted by Rockin' Robin Abb, organizer of Niwot's Rhythm on the Rails. Attendees will enjoy gourmet food, cash bar, dancing, silent auction, costume contest and more
Tickets cost $25. All proceeds will be given to the American Red Cross for its Haiti Relief and Development Fund.
"A group effort will be able to raise more money and awareness than working individually," said Mike Ellis of Celume Productions, a Boulder-based event-planning company. "ABCDEFG Haiti is still a work in progress. But everyone we've spoken with has stepped up, and we expect more artists, organizations and volunteers to come forward.
"We feel the best way to support the people of Haiti is by giving to a trusted NGO like the Red Cross," he continued. "About 92 cents of every dollar the Red Cross raises is invested its humanitarian efforts."
"Mardi Gras is a Haitian cultural event," said Rebecca Espinosa, one of the event organizers. "We are raising funds to not only physically help the Haitians but also to help support their culture and help rebuild their spirit."
Tickets may be purchased or donations made at www.ABCDEFGHaiti.com. |
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Community Calendar
Frank Schuchat, the honorary consul of Belgium to Colorado, will be a guest speaker at the Boulder Chamber's 501 Club from 5:01 t 6:30 p.m., Tuesday, Feb. 9, at the chamber's office, 2440 Pearl St. in Boulder. R.S.V.P. required to Dan Powers at 303-442-1044 ext. 122.
The Business Women's Network will meet from 1 to 2 p.m. on Wednesday, Feb. 10, at Remax Alliance, 4880 Baseline Ave., Suite 200 in Boulder. For more information, contact Lisa Brone at 303-480-5838 or e-mail DrBrone@allsportsmedboulder.com.
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