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Sweetgreen
Sweetgreen (legally Sweetgreen, Inc., stylized as sweetgreen, previously swɘetgreen) is an American fast casual restaurant Chain store, chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August 2007, they opened their first store in Washington, D.C., three months after they graduated from the McDonough School of Business at Georgetown University. Sweetgreen's corporate headquarters moved to the Los Angeles area from Washington, D.C., in 2016. , it had 221 stores in operation in 18 states and the District of Columbia. The CEO is Jonathan Neman, and the company had over 4,000 employees as of 2016. History and financing Sweetgreen was founded in 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman, all Georgetown University students at the time. The trio were disappointed with campus food options. Sweetgreen raised its initial $375,000 of startup funding from investors including the three founders' parents, Joe ...
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Revolution Growth
Revolution LLC is an American investment firm based in Washington, D.C., founded in 2005 by AOL co-founder Steve Case, after leaving the AOL Time Warner board. The firm seeks to fund entrepreneurs who are transforming legacy industries with innovative products and services, with an overarching focus on companies that are based outside of the coastal tech hubs of New York City, San Francisco, and Boston. Through the firm's Rise of the Rest platform, it has developed a network of business and civic relationships that helps Revolution source investments and support existing companies as they seek to expand across the country. Notable investments include LivingSocial, Zipcar, DraftKings, and sweetgreen. Foundation Revolution LLC was founded in 2005 by Steve Case, a well-known entrepreneur and a co-founder of America Online (AOL), the first Internet company in the world to go public along with Donn Davis and Tige Savage. After negotiating the merger of AOL and Time Warner, a transactio ...
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Spyce Kitchen
Spyce Kitchen or just Spyce was a robotic-powered restaurant which prepares food in "three minutes or less". History MIT mechanical engineering graduates Michael Farid, Brady Knight, Luke Schlueter and Kale Rogers developed the kitchen using seven autonomous work stations to prepare bowl-based meals using healthy ingredients such as kale, beans and grains. The four graduates wanted to make healthy meals more affordable, so they built the robotic technology and initially served the food to students at an MIT dining hall. The group received the $10,000 "Eat It" Lemelson-MIT undergraduate prize in 2016 as one of America's top two collegiate inventors in food technology. The four then teamed up with chef Daniel Boulud to create the new menu for their restaurant. Prices started at $7.50 for an entire meal in a bowl at their first real branch, which opened on May 3, 2018, in Boston, Massachusetts. Referred to as the "Spyce Boys", the four founders were inspired by their experiences as ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ...
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Ann Arbor, Michigan
Ann Arbor is a city in Washtenaw County, Michigan, United States, and its county seat. The 2020 United States census, 2020 census recorded its population to be 123,851, making it the List of municipalities in Michigan, fifth-most populous city in Michigan. Located on the Huron River, Ann Arbor is the principal city of its Metropolitan statistical area, metropolitan area, which encompasses all of Washtenaw County and had 372,258 residents in 2020. Ann Arbor is included in the Metro Detroit, Detroit–Warren–Ann Arbor combined statistical area and the Great Lakes megalopolis. Ann Arbor was founded in 1824 by John Allen (pioneer), John Allen and Elisha Rumsey. It was named after the wives of the village's founders, both named Ann, and the stands of Quercus macrocarpa, bur oak trees they found at the site of the town. The University of Michigan was established in Ann Arbor in 1837, and the city's population grew at a rapid rate in the early to mid-20th century. A college town, ...
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Troy, Michigan
Troy is a city in Oakland County, Michigan, Oakland County in the U.S. state of Michigan. A northern suburb of Metro Detroit, Detroit, Troy is located about north of downtown Detroit. As of the 2020 census, the city had a population of 87,294, making Troy the largest community in Oakland County and List of municipalities in Michigan, 13th-most populous municipality in the state. Troy was organized as a township in 1827, and sections of the township were later incorporated into the cities of Birmingham, Michigan, Birmingham, Clawson, Michigan, Clawson, and Royal Oak, Michigan, Royal Oak. The remainder of the township was incorporated as the city of Troy in 1955. History The earliest recorded purchases of land in what was known as Troy Township occurred in 1819. A couple of years later, a settlement known as Troy Corners was established due to Johnson Niles buying 160 acres in the region. The area is currently the north-central area of Troy. In 1827 Troy Township was established ...
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Birmingham, Michigan
Birmingham is a city in Oakland County, Michigan, Oakland County in the U.S. state of Michigan. It is a northern suburb of Detroit located along the Woodward Corridor (M-1 (Michigan highway), M-1). As of the 2010 United States Census, 2010 census, the population was 20,103. History The area comprising what is now the city of Birmingham was part of land ceded by Native Americans in the United States, Native American tribes to the United States government by the 1807 Treaty of Detroit. However, settlement was delayed, first by the War of 1812. Afterward the Surveyor-General of the United States, Edward Tiffin, made an unfavorable report regarding the placement of Military Tract of 1812, Military Bounty Lands for veterans of the War of 1812. Tiffin's report claimed that, because of marsh, in this area "There would not be an acre out of a hundred, if there would be one out of a thousand that would, in any case, admit cultivation." In 1818, Territorial Governor Lewis Cass led a group ...
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The Boston Globe
''The Boston Globe,'' also known locally as ''the Globe'', is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston and tenth-largest newspaper by print circulation in the nation as of 2023. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in United States history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool F.C. owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The chief print rival of ''The Boston Globe'' is the '' Boston Herald'', whose circulation is smaller and is shrinking faster. The newspaper is "one ...
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Service Robot
Service robots assist human beings, typically by performing a job that is dirty, dull, distant, dangerous or repetitive. They typically are autonomous and/or operated by a built-in control system, with manual override options. The term "service robot" does not have a strict technical definition. The International Organization for Standardization defines a “service robot” as a robot “that performs useful tasks for humans or equipment excluding industrial automation applications”. The first industrial robot arm, "Unimate," was developed by Joseph F. Engelberger, known as the "father of the robot arm," using George Devel. According to ISO 8373 robots require “a degree of autonomy”, which is the “ability to perform intended tasks based on current state and sensing, without human intervention”. For service robots this ranges from partial autonomy - including human-robot interaction - to full autonomy - without active human robot intervention. The International Feder ...
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Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing Technological and industrial history of the United States, industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a land-grant universities, federal land grant, the institute adopted a Polytechnic, polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in compu ...
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Axios (website)
''Axios'' (styled ΛXIOS in the logo) is an American news website based in Arlington, Virginia. It was founded in 2016 and launched the following year by former ''Politico'' journalists Jim VandeHei, Mike Allen, and Roy Schwartz. The site's name is based on the (), meaning "worthy of". ''Axios'' articles are often brief to facilitate quick reading; most are shorter than 300 words and use bullet points. In addition to news articles, ''Axios'' produces daily and weekly industry-specific newsletters (including Allen's ''Axios AM'', a successor to his newsletter '' Politico Playbook'' for ''Politico''), and two daily podcasts. On September 1, 2022, Cox Enterprises completed its acquisition of ''Axios''. History VandeHei said he wanted ''Axios'' to be a "mix between ''The Economist'' and Twitter". The company initially covered a mix of business, politics, technology, health care, and media. VandeHei said ''Axios'' would focus on the "collision between tech and areas such as ...
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D1 Capital Partners
D1 Capital Partners is an American investment firm based in New York City. The firm invests in public and private markets globally. History and background D1 Capital Partners was founded in July 2018 by Daniel Sundheim, who is a minority owner of the Charlotte Hornets. "D1" stands for "Day One," a concept espoused by Amazon.com, Inc.'s Jeff Bezos as detailed in Amazon's 1997 Letter to Shareholders. Sundheim was previously the Chief Investment Officer of Viking Global Investors and put in more than $500 million of his own money to start the firm. D1 Capital Partners is usually grouped with other Tiger Cub funds due to the firm being spun out from one. The firm originally managed $3 billion of capital, which rose to $20 billion by the end of 2020 with annualized returns of nearly 30%. D1 returned 60% in 2020. In January 2021, the firm lost $4 billion (20% of its capital) due to the GameStop short squeeze. As of April 2021, D1 recouped about 90% of its ...
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