Local startup CarLotz, which recently closed on $525,000 in seed capital, has signed a lease for its first location.
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Big raises for some of Richmond’s highest paid CEOs
In most cases, increases in total compensation correlated with a more profitable year for their companies. But there were a couple of exceptions.
Richmond law firm disbands
A Shockoe Slip law firm is in the process of disbanding, according to a source close to the firm.
Economics for breakfast
Uncertainty was the word of the day from local business leaders at a panel discussion held Thursday morning.
Trading Day: Inside the SEC filings for 5.5.2011
CarMax’s CEO received a sizable pay package in 2010, one that would make any used-car salesman jealous. Plus big pay for local coal executives, and a local bank adds more new blood to its top ranks.
Fantastic…Richmond doesn’t make the list
Among the 50 fastest growing companies in the state, none were based in Richmond, according to a list released last week by Virginia Business magazine. Virginia Business’ Fantastic 50 lists the fasting growing companies in Virginia based on revenue growth over the four year period from 2006 to 2009. Forty of the 50 companies on… Read more »
Bank endures another rough quarter
Already battered and under pressure from regulators to raise capital or find a buyer, Virginia Business Bank continued to struggle in the first three months of the year.
Someone else gets a crack at Dominion Club’s conundrum
With no middle ground in sight, the parties fighting in court over the future of a bankrupt local golf and country club are headed to mediation.
In family bankruptcy, the math didn’t work
Even one of Richmond’s most prominent families could not sustain a lifestyle that was running a $20,000 deficit every month.
Investing on the verge
Tim Keating pitches his private equity fund to a crowd of Richmonders.