Hurricane Sandy Tax Break, 'Dear Dumb VC,' Post-Startup Blues: May 30

Hurricane Sandy Tax Break, 'Dear Dumb VC,' Post-Startup Blues: May 30
A daily roundup of the most compelling stories about small business and entrepreneurship (Illustration by Andr?? da Loba)
Illustration by André da Loba

New York City is giving the owners of residential and commercial properties damaged by Hurricane Sandy a $90 million tax break, writes Daniel Geiger. [Crain's New York Business]

Bonobos Chief Executive Officer Andy Dunn uses the epistolary form to unload on “dumb” venture capitalists. This gets to the heart of it: “So why would I want your advice on how to make my business viable, when you can’t do the same for yourself?” [Medium]

Michele Serro just sold her startup, Doorsteps. Why is she feeling blue? [Huffington Post]

“If early inventors used Kickstarter” was apparently a category on Jeopardy last night. [Game Show Kingdom]

Scott Moloney worked in banking for 18 years, then left his job to open a Detroit ice cream shop that makes lobster bisque ice cream (video). [CNN Money]

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