Venture Pulse: Insights on venture investing in Maryland [MDBIZ News]: “The biggest challenge for entrepreneurs—those who have earned initial funding and developed a solid product—is reaching a level of revenue by the time they have to raise a larger round. It’s not just about money, but about market validation. A company needs to show that there is enough market pull to gain the confidence of investors who are mainly interested in whether a business can scale.”
Maryland is preparing backup plans in case its rebuilt health exchange fails [Washington Business Journal]: “Open enrollment for coverage in 2015 starts Nov. 15. Last month, Sharfstein and other health exchange leaders told a joint legislative oversight panel that the system was on track and that a glitch with Connecticut’s exchange — the technology of which Maryland is using to revamp its own system — will not cause problems for Maryland users this fall.”
What 29 Entrepreneurs Eat for Lunch [Tech Cocktail]: Bryan Bamford of Brinkbit says, “Typically a good old turkey sandwich. But today I was lucky to find some leftover pizza. Lacy [Bamford’s cat] thinks she’s going to get some.”
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