7-Eleven's Venture Fund, Cracks in Etsy Economy, Spreadable Beer: Aug. 29by
7-Eleven is dabbling in the venture capital business, reports Dan Primack. The convenience-store chain sounds more interested in getting close to startups than chasing returns. [Fortune]
Resellers, third-party vendors, and counterfeiters present potential cracks in Etsy’s brave new economy, writes Kevin Morris. [Daily Dot]
Erin Griffith has a chart to explain the future of venture capital. [PandoDaily]
A Massachusetts lawmaker running for governor is abandoning his campaign after the state ethics commission ruled that his stake in a small airline, Cape Air, was a conflict of interest, because Cape Air has a no-bid lease at Logan Airport, Matt Murphy reports. [State House News Service/Lowell Sun]
The latest ale innovation is a spreadable beer created by two Italian companies, reports Thomas Gibson (video). [Bloomberg Television]
See something we missed? Share the most compelling stories about small business and entrepreneurship by tagging them with #SmallBizReads on Twitter.