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Making Dallas Even Better

Dallas Entrepreneur, Former Google Employees Score $20M from Industrial Giants

A Dallas native responsible for a rapidly expanding education technology startup in Asia is now conquering a new mission: digitizing global industrial firms with help from his two co-founders, formerly of Google. The startup has already garnered the world’s largest oil and oilfield services companies as customers and investors.

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Leading Off (6/23/16)

Valley view center will officially be torn down. Dallas City Council members voted yesterday to tear down the 43-year-old Valley View Center at LBJ and Preston around the end of the year. Only the Sears store will survive. The Dallas Midtown development will be built in place of the mall, which has been struggling to survive for quite some time. Dallas Midtown will include features like a new-and-improved AMC mulitplex, a park, office buildings, a 250-room hotel, and a grocery store.

there might be a deck park above I-35E by the dallas zoo. The City Council approved a resolution that would endorse a Klyde Warren-esque deck park near the zoo as part of the Southern Gateway project. Some council members liked the idea. Carolyn King Arnold called it “lipstick on a pig.”

North texas areas to be sprayed for west nile. Mosquito traps in Cedar Hill, Duncanville, Richardson, and Lancaster tested positive for the virus. Crews plan to spray overnight Wednesday, Thursday, and Sunday in Lancaster; overnight Thursday, Friday, and Sunday in Cedar Hill and Duncanville; and overnight Thursday and Friday in Richardson. Use that insect repellent, people.

Thanksgiving tower bomb threat determined to be hoax. Yesterday around 6 p.m. police and fire crews responded to a bomb threat at Thanksgiving Tower downtown. A disgruntled client on the phone with someone who worked in the building threatened to set off a bomb. The entire building was evacuated. The threat was determined to be a bluff, but it’s still being investigated.

Southbound I-35E to close Friday night. From 10 p.m. Friday to 10 a.m. Saturday, the southbound lanes of the highway by downtown will all be closed for construction. Heavy traffic will also affect Woodall Rodgers and I-30, but drivers on I-35E will still be able to get on westbound I-30. So if you’re planning to drive through this area during that time, you’ve been warned.

PediaQ Raises $4.5M for Expansion of On-Demand Healthcare Service

Dallas home healthcare startup PediaQ has raised $4.5 million in bridge round of funding that will help expand its footprint and the services within its mobile application.

With the new funding, all of which came from Texas investors, the company plans to make its on-demand pediatric house calls available to communities including Rockwall, Heath, and Mansfield. In fall, it plans to launch in Austin, which will mark the company’s third market. It entered Houston earlier this year. The funding also will help fuel PediaQ’s video consultation services, which launched across DFW and Houston this month.

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Tech Ticker: United Way Awards Grant to Dallas Innovation Alliance

United Way of Metropolitan Dallas has made a $205,000 investment in the Dallas Innovation Alliance. The social innovation grant will help DIA, which aims to help Dallas become a smart city, fund its 2016 operations, project management, community engagement, outreach initiatives, and research. The funds come when the DIA is working to finalize its priorities and begin implementation of its first projects in the West End, which will serve as the DIA’s living lab, in the upcoming months. The DIA is led by Jennifer Sanders. Read more about her plans here. United Way also runs the GroundFloor social innovation fund and accelerator program.

Texas Instruments has appointed PwC leader Jean Hobby to its board of directors. She will take her post July 20. Hobby has spent 32 years at PwC, most recently serving as strategy officer from 2013 until she retired in 2015. She previously served as U.S. sector lead for PwC’s multibillion dollar technology, media, and telecom practice from 2008 and 2013, and chief financial officer from 2005 to 2008. She also serves on the board of Greatbatch Inc.

The Fort Worth Business Assistance Center is gearing up for its 6th annual Business Plan Competition. The competition, a partnership with sponsor Capital One Bank, will award more than $50,000 in cash and in-kind services to the competitor that develops a strong business plan or enhances an existing one. The competition will select 25 businesses, which will have access to one-on-one counseling, professional development workshops, and coaching from industry experts at the BAC and its partners. Ten finalists will be selected to pitch in front of judges in October, with the top three competing for prize packages. First place will win a cash prize of $6,000, second will get $4,00, and third will receive $2,000. Applications are due by July 1.

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D CEO Named Best Regional Business Magazine for Fourth Straight Year

The Alliance of Area Business Publishers presented D CEO Magazine with 10 Editorial Excellence awards Saturday, including a record nine gold (or first-place) awards. One of the nine awards was for best magazine, marking the fourth straight year that D CEO has won the top magazine honor. The annual competition recognizes excellence in journalism, photography and design achieved by regional business publications. The 2016 competition drew nearly 650 entries from newspaper and magazine business periodicals in the United States, Canada, and Australia. It was judged by faculty members from the University of Missouri School of Journalism.

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Serial Entrepreneur Sells Architel, Launches Sumo Ventures

Fresh off the sale of his information tech services company Arichtel, serial entrepreneur Alexander Muse has launched a new fund, expected to invest up to $10 million in startups across the nation.

Sumo Ventures, the name of which pays homage to his former startup Big in Japan, plans to invest in 100 to 150 companies. The minority stakes are expected to pair with other investments. Sumo Ventures plans to invest across industries including in mobile, e-commerce, enterprise, retail, restaurants, and energy.

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Banker Alan White Accepts ADL Award, With a Little Help from his Friends

In the world of top Dallas businesspeople, there may be no tighter circle of successful, powerful associates and friends than Alan B. White, Boone Pickens, Jerry Jones, and Barry Andrews. Pickens once made a very large, early deposit into White’s PlainsCapital Bank. For years, White and Andrews co-hosted a prestigious annual “Gentlemen’s Luncheon” around Christmastime, […]

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Mark Cuban Wants You to Be Able to Afford Mavericks Games

A New York Times article contrasts how ticket prices are surging for the Golden State Warriors games following the team’s dominant play of the last two NBA seasons with what your Dallas Mavericks have done:

Another plan would be to increase ticket prices only on the wealthy. Mr. Williams, a lifelong fan of the Dallas Mavericks, pointed out that when Mark Cuban, another tech billionaire, purchased and revitalized that team, he went out of his way to keep ticket prices low.

“One year my season tickets cost $24 a ticket, and I got my renewal package and they had dropped the price to $14,” Mr. Williams said. “It turned out what Mark was doing was jacking up the price on the lower bowl, where he knew the purchases were corporations, and reducing the price on the real fans upstairs.”

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AT&T’s John Donovan: This is the Future of Our Network

AT&T is accelerating its pace of innovation as it charges ahead with the Internet of Things, migrating to a software-defined network, and developing 5G standards and innovations.

The company is already dealing with massive amounts of traffic, handling 117 petabytes of data per day, which is the same as streaming 59 million videos per day. That traffic is only expected to increase 10 times by 2020, mostly due to the growth in IoT, virtual reality, and streaming video.

AT&T’s Chief Strategy Officer John Donovan laid out what the next few years looks like for AT&T as it forges ahead.

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Dallas Serial Entrepreneur’s Bots Take Flight with Wingstop

After exiting Chaotic Moon and Team Chaos together earlier this year, serial entrepreneurs Ben Lamm of Dallas and Austin’s Andrew Busey have wasted no time in launching their next venture. And just a few days after their latest sale, the pair’s newest creation, social media bots, have already taken flight with a publicly traded company.

Conversable, Lamm and Busey’s newest Dallas startup, launched with Dallas-based Wingstop on Tuesday, allowing customers to automatically receive menu information, find a store, and order and pay for wings via bots on Facebook and Twitter. This is only the beginning for Wingstop, as Conversable, which has been operating in stealth mode for the past two years, can also integrate with Slack and text messaging on the consumer facing side and most third party vendors and enterprise software on the backside.

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Leading Off (6/7/16)

Christopher Colbert, accused of killing ronald shumway, is back in Dallas. Remember The Mystery of the Oak Cliff Corpse? Christopher Colbert, who was accused of killing DART driver Ronald Shumway and pretending to be him in order to sell his Winnetka Avenue house, is back in town after spending months in Los Angeles in jail. Colbert was in L.A. while prosecutors in Dallas worked to secure charges of murder, money laundering, and forgery. He was booked into the county jail over the weekend.

Lab tests returned in Midlothian murder. Midlothian fitness instructor Missy Bevers was found dead on April 18. Her father-in-law had dropped off a bloodied women’s long-sleeved shirt at Dry Clean Super Center four days after that. Yesterday, test results from the UNT Health Science Center Laboratory showed that it wasn’t human blood. The family had said it was animal blood from breaking up a fight with their dogs. There is still a reward out for information leading to an arrest of the person responsible for her death.

Tesla coming to Plano’s Legacy West. The luxury car manufacturer plans to set up a showroom at Legacy West Urban Village on Windrose Avenue.

Rangers win with a walkoff double. Rougned Odor took the Rangers to a 6-5 win over the Astros last night to make it their seventh straight win over Houston. Here’s a video of Odor celebrating the hit with lots of Gatorade and a busted lip.

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DFW Corporations Outline Innovation Needs

Ten corporations in Dallas gave DFW startups the essential keys to working with them. They mapped out the areas in which they need startup innovation.

Representatives from Ericsson, AT&T, Nokia, Verizon, Blue Cross Blue Shield of Texas, CapitalOne, State Farm Insurance, Texas Instruments, Mitel, and Samsung convened at Tech Titans recent Reverse Pitch Day.

Here’s a look at what each company seeks.

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