Tag Archives: Berkeley local business
Michelle Calloway is standing in front of a group of potential investors holding a microphone. The rules of the pitch are strict: no videos, no samples, nothing in fact that could make it simple to describe the product she plans to launch onto the market. Instead, she has the simple power of words.
So Calloway takes a deep breath and launches into a description of the augmented-reality greeting card company Revealio that she and her husband, Jerry Bowden, hope will disrupt the greeting card industry. People are craving connection, she tells the group, and a personalized, emailed video card could shorten the emotional distance between a soldier overseas and his sweetheart, for example, or a grandmother and grandchild.
“It’s a printed card that comes alive before your eyes,” says Calloway. “It’s amazing.”
Calloway was giving her practice pitch at The Batchery, Berkeley’s newest tech space, located at 2036 Bancroft Way, near Shattuck Avenue. Calloway was hoping the feedback provided by The Batchery’s partners – all of whom have deep experience either starting or running companies – would refine her delivery. … Continue reading »
SVENSSON AUTOMOTIVE CLOSING AFTER 50 YEARS Svensson Automotive, which was founded in Berkeley by Rune Svensson in 1966, has closed up shop at 1740 San Pablo Ave. Current owner Baljeet Pal, who most customers know as BJ, said the business is closing as the property owner intends to turn the land into apartments (Berkeleyside has not been able to confirm this yet). The auto shop originally specialized in servicing and repairing Swedish car makes, such as Saab and Volvo, but subsequently expanded to include Toyotas. BJ immigrated to the U.S. in 1977 from India, and began working at the auto shop with his father, who then owned the business, in 1980, according to Jerome Solberg who spoke to him recently. BJ bought the business in 1985. “I really want to thank all of the loyal customers I have had over the past 35 years, they made my job enjoyable and rewarding,” BJ said to Solberg. “I am proud to say that my business put all three of my children through college and all of them pursued postgraduate educations. I now plan to semi-retire, play a lot of golf, and tour the world!” BJ will spend the non-leisure part of his retirement at Svensson’s second location in Lafayette which he opened in 1994. … Continue reading »
The FBI confirmed Wednesday that it is looking into the company, which filed for bankruptcy on Jan. 8 listing assets of $7 million and liabilities of $70 million.
“The FBI is investigating claims of a Ponzi scheme involving the Berkeley wine company Premier Cru,” said spokeswoman Michele Ernst. “It appears there is enough evidence that the FBI has determined an investigation is warranted.”
Ace Hardware, which has been operating out of its space at 2145 University Ave. since 1945, will be moving sometime in the spring to 2020 Milvia St, just two blocks away.
Bill and Virginia Carpenter have to move their 16,000-square foot store because the building they are in is supposed to be extensively remodeled to make way for the 205-unit Acheson Commons apartment complex. (Equity Residential, which owns the entitlement rights to build Acheson Commons put them and its entire Berkeley portfolio up for sale last year, however.)
The Carpenters have been looking for a new space since 2012, even before the city council approved Acheson Commons in 2013. They almost moved into the old Andronico’s space on University Ave., but later decided it was not right for the store. Savers Thrift took over the space instead, but shut its doors in January.
The Carpenters wanted to stay in downtown Berkeley, where a version of the hardware store has been since 1895, said Bill Carpenter. … Continue reading »