Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Warner Bros. Discovery Shares Slide Amid Report of Potential Paramount Skydance Lawsuit 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
PHILADELPHIA, Feb. 15, 2017 --
WHO: TiE Philadelphia and PACT will host a pitch event joining together local entrepreneurs, advisors and investors. Judges include:
- Rudy Karsan, founder of Karlani Capital. He co-founded and served as CEO of Kanexa Corporation starting in the late 80s. Kanexa went public on NASDAQ in 2005. Rudy eventually sold Kanexa to IBM for $1.3 Billion in 2012.
- Kevin Kleinschmidt, co-founder and former president of West Philadelphia-based Energy Plus. He ran an energy marketing company that grew to over $350 million in annual revenue in 5 years and was acquired by NRG Energy in 2011.
- Ben Weinberg, director with Susquehanna Growth Equity. He currently sits on the boards of Field Nation, GlobalTranz, iContracts, and MacroPoint. His previous board positions include Detechtion Technologies, Amp Electrical Distribution, Soleras Advanced Coatings and TAS Energy.
WHAT: TiE Philadelphia and PACT have selected promising early stage companies who are currently raising a round of capital to pitch to a panel of angel investors. The event offers local entrepreneurs an opportunity to display innovative products and services to experienced industry leaders.
WHEN: Thursday, February 16, 2017
6:00 p.m. Registration and networking
6:30 p.m. Program
WHERE: Comcast Center
1701 John F. Kennedy Boulevard
Philadelphia, PA 19103
WHY: According to the U.S. Census Bureau’s inaugural Annual Survey of Entrepreneurs, new businesses (those less than two years old) comprised less than 8 percent of Philadelphia-area companies, falling modestly behind the national average of 9 percent. As the region rises to the challenge of making business formation more attainable, TiE Philadelphia and PACT provide a platform to help local entrepreneurs find investors and raise additional capital.
TiE is a not-for-profit organization focused on fostering entrepreneurship across generations. PACT provides members with content and connections to capital, coaching and customers to accelerate growth.
CONTACT: If you are interested in attending, please RSVP to John Reynolds at (610) 228-0730 or [email protected]
