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SpotHero
SpotHero is a digital parking marketplace that connects drivers looking to reserve and pay for parking spaces with parking lots, parking garages and valet services. The company, which operates a mobile app and website as well as a parking developer platform, is available in over 300 cities in the United States and Canada. The company is based in Chicago, Illinois. History Early beginnings SpotHero was founded by Mark Lawrence and Jeremy Smith in Chicago in 2011, with co-founder Larry Kiss joining the company soon after.Kate Rogers"SpotHero: An app that makes parking reservations,"CNBC, May 7, 2015. The company started out as a peer-to-peer parking marketplace, where people could rent out their own private parking spots, before expanding the platform to partner with parking companies and garages.Kia Kokalitcheva"SpotHero launches its parking app in SF, and on-demand valet startups should worry,"VentureBeat, December 9, 2014.Alex Moazed"SpotHero Paves the Way for Parking,"'' Inc.'', N ...
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Parking Panda
Parking Panda was an online parking service that allowed drivers to find and reserve parking in advance. In addition to providing drivers with mobile and web applications to find parking, they also helped parking garage owners manage their inventory. Parking Panda was headquartered in Baltimore, Maryland. In April 2017, SpotHero acquired Parking Panda. The acquisition expanded SpotHero into Canada, and brought the number of parking locations the combined company can reserve to over 5,000.Amina Elahi"SpotHero buys Baltimore-based competitor Parking Panda,"'' Chicago Tribune'', April 13, 2017.Kristen Hall-Geisler"SpotHero acquires Parking Panda,"TechCrunch, April 13, 2017. Parking Panda maintained a separate reservation system and app for some time after that but the service was eventually sunsetted in favor of SpotHero. History Nick Miller and Adam Zilberbaum founded Parking Panda at the first Maryland Startup Weekend in 2011. After taking first place at Maryland Startup Weeken ...
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Lightbank
Lightbank is a financial organization that specializes in making venture capital investments in "disruptive" technology companies in the United States including seed investments, Series A round and late-stage investments. It combines investment with guidance and direct involvement with the companies it invests in. It was founded by Brad Keywell and Eric Lefkofsky. It is headquartered in Chicago and it has made investments in companies in Chicago, New York City, Omaha and the Bay Area. Investments Lightbank has invested in a number of companies, including the website Groupon. Lightbank's Eric Lefkofsky was an original co-founder, along with Andrew Mason of Groupon. Other Lightbank investments include Sprout Social, Snapsheet, Belly, Boom Technology, Fiverr, Fooda, SpotHero, Tempus, Udemy, test preparation service BenchPrep, Qwiki, HighGround, and Hello Divorce. Partners Lefkofsky was a co-founder of Lightbank, though he became 'Special Advisor' in 2014-2015 during his te ...
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Parking
Parking is the act of stopping and disengaging a vehicle and leaving it unoccupied. Parking on one or both sides of a road is often permitted, though sometimes with restrictions. Some buildings have parking facilities for use of the buildings' users. Countries and local governments have rules for design and use of parking spaces. Car parking is essential to car-based travel. Cars are typically stationary around 95 per cent of the time. The availability and price of car parking supports and subsidize car dependency. Car parking uses up a lot of urban land, especially in North America - as much as half in many North American city centers. Parking facilities Parking facilities can be divided into public parking and private parking. * Public parking is managed by local government authorities and available for all members of the public to drive to and park in. * Private parking is owned by a private entity. It may be available for use by the public or restricted to custo ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is S ...
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Global Positioning System
The Global Positioning System (GPS), originally Navstar GPS, is a satellite-based radionavigation system owned by the United States government and operated by the United States Space Force. It is one of the global navigation satellite systems (GNSS) that provides geolocation and time information to a GPS receiver anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites. It does not require the user to transmit any data, and operates independently of any telephonic or Internet reception, though these technologies can enhance the usefulness of the GPS positioning information. It provides critical positioning capabilities to military, civil, and commercial users around the world. Although the United States government created, controls and maintains the GPS system, it is freely accessible to anyone with a GPS receiver. The GPS project was started by the U.S. Department of Defense in 1973. The first prototype spacecraft wa ...
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Chicago Department Of Transportation
The Chicago Department of Transportation (CDOT ) is an executive department of the City of Chicago responsible for the safety, environmental sustainability, maintenance, and aesthetics of the surface transportation networks and public ways within the city. This includes the planning, design, construction, and management of streets, sidewalks, bridges, and alleys. CDOT is headed by the Commissioner of Transportation, an appointee and cabinet member of the Mayor of Chicago. The second in command at CDOT is the First Deputy Commissioner, who serves as a liaison between the Commissioner's office and the various operational sections. Managing Deputy Commissioners may also be placed by the Commissioner for assistance in policy and operational oversight. CDOT is organized into several Divisions each headed by a Deputy Commissioner, including the Divisions of Administration, Project Development, Engineering, In-House Construction, Electrical Operations, Sign Management, Traffic Safety ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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Fortune (magazine)
''Fortune'' is an American 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, 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 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 enthusiastic about the idea – which Luce originally tho ...
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TechCrunch
TechCrunch is an American online newspaper An online newspaper (or electronic news or electronic news publication) is the online version of a newspaper, either as a stand-alone publication or as the online version of a printed periodical. Going online created more opportunities for newsp ... focusing on high tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 Verizon Communications#Acquisition of AOL and Yahoo, acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual techno ...
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New York Post
The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established in 1801 by Federalist and Founding Father Alexander Hamilton, and became a respected broadsheet in the 19th century under the name ''New York Evening Post''. Its most famous 19th-century editor was William Cullen Bryant. In the mid-20th century, the paper was owned by Dorothy Schiff, a devoted liberal, who developed its tabloid format. In 1976, Rupert Murdoch bought the ''Post'' for US$30.5 million. Since 1993, the ''Post'' has been owned by Murdoch's News Corp. Its distribution ranked 4th in the US in 2019. History 19th century The ''Post'' was founded by Alexander Hamilton with about US$10,000 () from a group of investors in the autumn of 1801 as the ''New-York Evening Post'', a broadsheet. Hamilton's co-investors included ot ...
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MarketWatch
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and '' Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. History The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News run by Larry Kramer and with Thom Calandra as editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. In June 2000, the company formed a ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti- New Deal outlook, and its writing reached other markets through family and corporate relationships at the '' New York Daily News'' and the '' Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Comp ...
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