A soccer stadium might not be the only new sporting facility in the city’s future: Sports mogul Ted Leonsis said last month he’s looking to build a basketball practice facility for his Wizards and Mystics, and indications are that downtown D.C. is his favored locale. But to observers of the real estate market, Jonathan O’Connell reports in […]
Nice take, Ted. Read more...
Local, organic salad chain Sweetgreen has attracted $22 million in funding from Revolution Growth, the investment fund founded by Steve Case, Ted Leonsis, and Donn Davis. Along with the funding, Case will join the board and advise Sweetgreen founders Nicolas Jammet, Jonathan Neman, and Nathaniel Ru.
You don't think of a guy like Ted Leonsis having to work to invest some money. After all, the former president of AOL sits on the board of companies like American Express and Groupon, where he's the chairman. And the firm he's part of,...Show More Summary
Revolution Growth Co-founder Ted Leonsis is aiming for a long term "Warren Buffet-type play" in investing $40 million in profitable customer apparel site CustomInk. The owner of the Washington Wizards and other sports teams believes it will be a $1 billion company.
Custom apparel company CustomInk just raised a whole lot of money, bringing on $40 million from Revolution Growth, the investment fund from Steve Case, Ted Leonsis, and Donn Davis. Along with the funding, Leonsis will join the company's board as it seeks to expand and go after new opportunities.
As a team that hasn't missed the postseason once in the last six years, the Washington Capitals' 3-5 start has to be at least a little troubling for majority owner Ted Leonsis, general manager George McPhee and bench boss Adam Oates. There...Show More Summary
The Washington Capitals will host of the 2015 Winter Classic. The Washington Capitals will host the 2015 Winter Classic, according to a report from Katie Carrera of The Washington Post on Friday morning. Owner Ted Leonsis is going to officially confirm the event during the Capitals Convention on Saturday. Show More Summary
EveryBlock founder Adrian Holovaty advises Twitter not to hire Vivian Schiller as Head of News. (latimes.com) Ted Leonsis, a frequent critic of the Washington Post, says the paper is “not that important anymore.” (politico.com) | Earlier: Leonsis on print media. (washingtonpost.com) “60 Minutes” is criticized for not interviewing any disabled people for … Read More
Ted Leonsis, the owner of the NBA Washington Wizards as well as the NHL's Washington Capitals took a swipe at the newspaper industry in general and the Washington Post in particular today saying that the Post was "not that importantShow More Summary
Ted Leonsis took over the Wizards in the summer of 2010, having purchased the club from the Pollin family following patriarch Abe's death. The Wizards have a.313 winning percentage since the takeover. Washington hasn't made the playoffs since 2008, hasn't won a playoff series since 2005 and hasn't won 50 or more games since 1979. Show More Summary
Wizards owner Ted Leonsis has run out of patience with his team’s rebuilding efforts and expects to finally receive a payoff for his investments this season in the form of a playoff appearance. Before the Wizards held an open practice and scrimmage on Friday at Verizon Center, Leonsis addressed reporters for roughly 30 minutes and put [...]
Owner Ted Leonsis knows Wizards fans want to see the team get back to the playoffs.
Washington Capitals majority owner Ted Leonsis is expected to make an announcement Saturday morning the the Caps will host the NHL Winter Classic next year. [ more › ]
There will be outdoor pro hockey in Washington, it appears: The Post’s Katie Carerra reports that D.C. has been chosen to host the 2015 NHL Winter Classic. The official announcement hasn’t yet been made by Capitals owner Ted Leonsis, who has … Continue reading ?
Fried Chicken Waffle Tacos. Mario Balotelli walks on water. Surveillance costing US companies billions.
The Wizards already have close to $70 million committed to 14 players and would only be able to sign a player on a minimum salary to stay below the luxury tax line. Owner Ted Leonsis said he is “willing to spend” but would probably want to have a contending team before making the Wizards a [...]
The CEO search never left the building.
Groupon today reported the appointment of Eric Lefkofsky as its CEO, Ted Leonsis as the Chairman of its board, revenue of $609 million in the second quarter, operating income of $59 million excluding stock compensation expenses, and non-GAAP earnings per share of $0.02. Investors are enthralled, sending Groupon up more than 13% in after hours trading.
Revolution Growth, the investment firm from former top AOL execs Steve Case and Ted Leonsis, has closed its biggest investment to date. The fund is betting big on Bigcommerce, an e-commerce software company that helps small businesses set up their own online retail presence, in a $40 million Series C round. Show More Summary