Baltimore’s Techie Underbelly [gb.tc]: Tech Crawl 2 took about 70 people to five different sites on Baltimore’s west side, including the Bromo Seltzer Tower and Edge Web Hosting.
Release of city fiscal forecast sparks false reports of bankruptcy [Baltimore Brew]: “The city’s current 2013 budget is balanced, there is $90 million available in a “budget stabilization reserve,” and next year’s projected shortfall of $30.3 million is modest compared to recent budget deficits.”
Groove Commerce moving to Fallsway Spring building [Baltimore Business Journal]: “Groove Commerce of Baltimore is moving into the Fallsway Spring & Equipment Co. building near Little Italy and plans to more than double its staff over the next three years.”
Entrepreneurship ‘back on a roll’ in U.S. [The Business Journals]: “There’s been an explosion of entrepreneurial energy around the country over the past couple of years, say folks who work on the ground with entrepreneurs.”
Dell Inc. to go private in $24.4-billion deal [Baltimore Sun]: “Microsoft Corp. will invest $2 billion in the deal, a move the Redmond, Wash., company said it was undertaking to help support ‘the long-term success of the entire PC ecosystem.’ ”
New Baltimore startup is selling crowdfunding investment insurance [BmoreMedia]: “Asurvest provides investment insurance for private and professional investors in Kickstarter and other crowdfunding platforms, CEO Luke Cooper says. The company will open an office in Baltimore over the next few months, hiring three to five analysts and marketing specialists.”