JumpSport Trampolines
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JumpSport Trampolines
JumpSport, Inc. is a manufacturer of recreational trampolines and accessories that are distributed worldwide. JumpSport markets and sells a patented trampoline safety net enclosure which was invented by one of the company's founders, Mark Publicover. History The company was founded in January 1997 by Mark Publicover, his wife, Valerie, and then board chairman Byron Lewis Bertsch as a California limited liability company that was subsequently merged into the JumpSport California corporation created in May 1998. Originally they created the company to market the safety net enclosure system which Publicover had patented. JumpSport initially had its trampolines manufactured by Hedstrom out of Bedford, PA but, due to competitive pressures, they transitioned to overseas production in the 2000s. The company distributes to multiple retailers nationally. In 2000, JumpSport received funding from the Band of Angels ''Band of Angels'' is a 1957 psychological drama film set in the Americ ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Saratoga, California
Saratoga is a city in Santa Clara County, California. Located in Silicon Valley, in the southern Bay Area, its population was 31,051 at the 2020 census. Saratoga is an affluent residential community, known for its wineries, restaurants, and attractions like Villa Montalvo, Mountain Winery, and Hakone Gardens. History The area comprising Saratoga was earlier inhabited by the Ohlone Native Americans. In 1847, European settlers created a settlement at what is now Saratoga when William Campbell (father of Benjamin Campbell, the founder of nearby Campbell, California), constructed a sawmill about southeast of the present downtown area. An early map noted the area as Campbell's Gap. In 1851, Martin McCarthy, who had leased the mill, built a toll road down to the Santa Clara Valley, and founded what is now Saratoga as ''McCarthysville''. The toll gate was located at the present-day intersection of Big Basin Way and 3rd St., giving the town its first widely used name: ''Toll Gate''. I ...
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Mark Publicover
Mark William Publicover (born 1958 in Los Gatos, California) is an American entrepreneur, inventor and co-founder-owner (with Valerie DePiazza Publicover) of JumpSport, Inc. in Silicon Valley. In 1996, Publicover designed the first trampoline safety net enclosure to become commercially successful. These enclosures protect trampoliners from falling off the trampoline. Childhood Publicover is a fourth-generation inventor and entrepreneur born in 1958 in Los Gatos, California. He went to school in San Jose, California, where he graduated from Blackford High School in 1977. Education and early career Publicover attended the University of California at Davis where he majored in Economics. He married Valerie A. DePiazza in August 1984. In April 1988, he founded American Builders & Craftsman Inc., a professional homebuilding and commercial construction firm in Saratoga, California. Inventor In 1995 Publicover's children, along with friends, were jumping on his trampoline when a yo ...
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San Jose, California
San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 population of 1,013,240, it is the most populous city in both the Bay Area and the San Jose–San Francisco–Oakland, CA Combined Statistical Area, San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 9.7 million people respectively, the List of largest California cities by population, third-most populous city in California (after Los Angeles and San Diego and ahead of San Francisco), and the List of United States cities by population, tenth-most populous in the United States. Located in the center of the Santa Clara Valley on the southern shore of San Francisco Bay, San Jose covers an area of . San Jose is the county seat of Santa Clara County, California, Santa Clara County and the main component of the San ...
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Trampoline
A trampoline is a device consisting of a piece of taut, strong fabric stretched between a steel frame using many coiled spring (device), springs. Not all trampolines have springs, as the Springfree Trampoline uses glass-reinforced plastic rods. People bounce on trampolines for recreational and competitive purposes. The fabric that users bounce on (commonly known as the "bounce mat" or "trampoline bed") is not elastic itself; the elasticity is provided by the springs that connect it to the frame, which store potential energy. History Early trampoline-like devices A game similar to trampolining was developed by the Inuit, who would toss blanket dancers into the air on a walrus skin one at a time (see Nalukataq) during a spring celebration of whale harvest. There is also some evidence of people in Europe having been tossed into the air by a number of people holding a blanket. Mak in the Wakefield Mystery Play ''The Second Shepherds' Play'', and Sancho Panza in ''Don Quixote' ...
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Trampoline Safety Net Enclosure
A trampoline safety net enclosure is a trampoline accessory that significantly reduces the chance of fall off and frame impact injuries. History The first commercially successful trampoline safety net enclosures were invented and patented by Mark Publicover in the United States and first sold there in 1997 by JumpSport Trampolines. By 2006 80% of all new trampoline sales included safety net enclosures. Safety benefits While a trampoline is safest when only one person jumps at a time, in practice the enjoyment derived from multiple simultaneous jumpers means that this recommendation is often disregarded. The benefit of an enclosure is that it keeps jumpers from falling off a trampoline or impacting the frame. Safety net enclosures vary from one manufacturer to another, such as the opening in the net so that jumpers may enter and exit the trampoline. The design of such openings may include: snap/Velcro system, zipper, or overlapping sections. The snap, zipper, and Velcro systems ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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Corporation
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e. by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this article) or '' sole'' (a legal entity consisting of a single incorporated office occupied by a single natural person). One of the most att ...
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Bedford, PA
Bedford is a borough and spa town in and the county seat of Bedford County in the U.S. state of Pennsylvania. It is located west of Harrisburg, the state capital, and east of Pittsburgh. Bedford's population was 2,861 at the 2020 census. History The vicinity of Bedford was inhabited by Euro-American 'Indian' traders in the late 1740s and early 1750s. Actual settlers did not appear in the region until after Forbes Road was cut to enable the Forbes Expedition to reach Fort Duquesne in 1758. A village of sorts, created by the suttlers who followed the British Army, grew up around the fort, which was located two miles to the west of the Raystown trading post. The village of Bedford was laid out in 1766 by John Lukens. Bedford was incorporated on March 13, 1795. But because the citizens failed to fill the required posts at the time, the town had to be re-incorporated in 1816. For many years it was an important frontier military post. The Espy House in Bedford is notable for having ...
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Band Of Angels (Investors)
The Band of Angels was the first high technology specific angel investment group in the United States. Today the group remains very active with more than 160 members who invest their time and money into high tech startup company, startup companies. Band members have founded companies such as Cirrus Logic, NortonLifeLock, Symantec, SunPower, National Semiconductor and Logitech, and have been senior executive officers at top Silicon Valley companies including Sun Microsystems, Hewlett Packard, Intel, 3Com and Intuit. Numerous articles have been written about the Band, appearing in periodicals such as ''The New York Times'', ''The Washington Post'', ''The Wall Street Journal, Upside, Red Herring'', ''Der Spiegel'', ''U.S. News & World Report'', and ''Forbes''. The Band has also been featured in two Harvard Business School case studies. Background Band members invest in deals directly; there is no pooling of resources or voting. Since 1994, Band members have invested over $186 million ...
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Fortune (magazine)
''Fortune'' is an American multinational corporation, multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time (magazine), Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthu ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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