Silicon Valley VC giant establishing D.C. office
Washington Business Journal
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Andreessen Horowitz , Silicon Valley's largest and best-known venture capital firm is preparing to open its first D.C. office as it looks to ramp up its investments in defense, aerospace and national security startups. Read more
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The Mystics play in one of the WNBA’s smallest arenas. Can they accommodate booming interest in the league?
The ascendent WNBA is more popular than than at any time in its 28-year history. That’s made the Washington Mystics ,who opened their season May 14, a red-hot ticket. Read more
Amazon data center arm buys Manassas site
亚马逊 has acquired another Manassas-area site approved for data center development, this one for $218 million. Read more
Here's how much MRP Realty is paying for Gallery Place
A joint venture led by District developer MRP Realty will pay $39 million for Gallery Place — a fraction of its $225.7 million assessed valuation — as the Chinatown commercial property's lender seeks to wipe its hands of the troubled real estate, according to court documents. Read more
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D.C. flower-delivery startup charts path to profitability under new CEO
Like many technology-focused startups, D.C. direct-to-consumer flower startup UrbanStems was for years focused on building up its customer base by expanding to as many cities as possible as quickly as it could, with little regard to cost. Now, armed with a fresh $5 million in capital from existing investors, the decade-old company is laser-focused on achieving profitability under new CEO Meenakshi Lala. Read more
Adventist HealthCare still wants to acquire Howard hospital. It could happen soon.
Gaithersburg’s Adventist HealthCare could wrap up its deal to acquire D.C.’s Howard University Hospital in 2024. Read more
Loudoun's first-ever indoor pickleball club opens in converted retail spaces
Village Pickle, a 24,000-square-foot indoor pickleball facility at the Village at Leesburg, celebrated its grand opening Thursday. Read more
This Weekly Edition was compiled by Alan Kline Questions? Comments? Concerns? Send them to [email protected]