Dubroff: New leaders will shape city, county of San Luis Obispo
What a difference a decade makes. San Luis Obispo County entered the recession with a relatively weak private sector driven by a single industry — real estate. It also had talented and experienced fiscal hands at the helm of the city and county government. Fast forward 10 years and the change is 180 degrees. The Read More →
MindBody revenues up but net losses continue
Consistent with its last earnings report, MindBody’s revenues increased 31 percent for its second fiscal quarter 2017, but net losses persisted, reaching $4.4 million, or 10 cents per basic and diluted share. The San Luis Obispo-based software provider for the wellness industry brought in $44.1 million in revenue, including $17.6 million from its payments software. Read More →
San Luis Obispo shopping center sold for $43.5 million
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Ventura looks to harbor to spur economic development
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SLO software provider MindBody hires new president
Wellness industry software provider MindBody, based in San Luis Obispo, has hired Mike Mansbach to be president of the company. Prior to the appointment, Mansbach served as president of cloud-based video and communications company Blue Jeans Network, based in Mountain View, and he spent 10 years in executive roles at regional employer Citrix Systems. Under Read More →
Dubroff: Mindbody growing along with Highway 101 tech corridor
After raising $134 million in late May, expanding its footprint on the Central Coast and rolling out an updated global expansion strategy, MindBody CEO Rick Stollmeyer is in no mood to slow down. Nor does he see any slowdown ahead for the burgeoning tech corridor along the Highway 101 in the tri-county region. In an Read More →
Dubroff: Tri-Counties becoming hot spot for new capital investments
Capital markets have discovered the Tri-Counties in a big way in 2017. This might be a permanent change in the way wealth is created and distributed in the region or a warning sign that markets are close to a peak. On May 23, The Trade Desk, the region’s only IPO of 2016, announced that existing Read More →
