No. 222: BlackBerry rising, a year’s worth of coat and Delivery Hero serves up a jumbo IPO

TG it’s Friday, friends: It’s June 9, on which Donald Duck and Johnny Depp debuted and Secretariat made it three. Enjoy the weekend’s pop up thunderstorms. Happy birthday Rich Kruse.

Mike Kessler, the Port Jefferson private investigator who uncovered the $400 million Agape World investment rip-off, has died. Cancer. He was 65.

You could mark World Environmental Day on Saturday by enjoying a few tall cans of Drink the Bay Clean India Pale Lager. Details here.

Yacov & Cos: Stony Brook University took a victory lap for its bustling incubator programs this week. Just about everyone you know was there.

Rechler speaks: RXR chief Scott Rechler headlines the Real Estate Institute’s summer luncheon, June 28, Woodbury CC, noonish, register or sponsor here.

What’s energy? Alan Alda’s annual Flame contest – in which scientists are challenged to explain complicated concepts to an 11 year old – named winners from Oregon and Australia.

Peter, Paul and merry: Karaoke at the Digital Ballpark tonight.

Stanford was third: SUNY ranked 38th on the list of the top 100 university systems granted utility patents in 2016. (Dead heat with Yonsei and Minnesota.)

Gold seal care: The Center for Orthopaedic Excellence at Syosset Hospital is living up to its name, according to the Joint Commission, the nation’s oldest and largest independent accrediting body in health care.

Grats: Hofstra Prof Kara Alaimo has been named a game changer by PRNews, joining colleagues from such companies as Pinterest, Dunkin’ Brands and Vanguard.


+ Ride sharing is legal again on Long Island. Even in East Hampton.

+ The Moiety app has released a slew of user-suggested tweaks and upgrades.

+ Applied DNA has a new government deal to protect the supply chain of high-risk FSC 5962 microcircuits.

Economic update: A gaggle of reports out this week show we have stemmed the tide of brain drain and that local average salaries have topped $56K, or just more than what Melania Trump spent on the Dolce & Gabbana jacket she wore on the Vatican trip.

Sorta big: Henry Schein is No. 243 on the just-out Fortune 500 list, the sole Long Island company.

You’ve got mail. It’s a pink slip: Verizon will cut about 15 percent of the combined AOL/Yahoo staff, or about 2,100 positions.

A few words from our sponsor: EisnerAmper is a leading international accounting, tax and advisory firm serving more than 500 technology and life science clients. Our dedicated team of more than 125 professionals support start-up companies, emerging growth, IPO-track and publicly traded clients.


Nassau County CIO Ed Eisenstein walks you through the biggest cyber crimes in history, June 21, 6 to 8 p.m., Digital Ballpark, free but register.

NYIT’s 12th annual energy conference, featuring Robert N. Amundsen, Nada Marie Anid, Ed Romaine and more, June 15, 8:30 a.m. to 3 p.m., de Seversky Mansion, details here.

ACIT’s annual Party ’Til Your Blazer Rumples, June 14, Crest Hollow, details here.

Carpenter and Kominicki host the annual Islip CEO breakfast, June 15, free, register here.

The Business Incubator Association annual meeting includes legislative face time, accelerator tours and collective deep thought on state, local and private efforts to build the entrepreneurial ecosystem, $75 conference fee, cheap rooms at the Hilton available, info here.

The rest of the Innovate calendar is here.


A comeback? BlackBerry said it is developing software for unnamed automakers that will help run autonomous cars.

In no way related: Boeing said it is exploring the idea of a pilotless jetliner.

The race is on: The feds and various states are jockeying for a piece of the $7 trillion autonomous vehicle market.

Product review: Amazon’s 7-inch Fire tablet, due out this week, offers just enough to make it worth the fifty bucks.

Essential investment: Andy Rubin, the guy who created the Android operating system for Google, has raised $300 million for his startup, Essential, which plans release of a $699 smartphone and a home speaker that will compete with the Amazon Echo, Google Home and the Homepod teased by Apple earlier this week.

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Alum but mum: MIT announced it has received a $140 million gift from a grad who does not wish to be named. No restrictions on how the money can be spent.

A few miles south: Harvard spinout Platelet BioGenesis, which is harvesting platelets from stem cells, has raised $10 million in an A round. Vivo Capital, VI Ventures, Adena Partners and eCoast Angels led the round.

IPO to go: Restaurant service Delivery Hero, now in 40 countries in Europe, Asia, Latin America and the Middle East, plans a $450 million public offering on the Frankfurt exchange to bulk up acquisitions and organic growth. (As Amazon eyes food delivery.)

Also: NYC-based MediaMath, a platform for automated ad purchasing, raised a $175 million credit facility led by Goldman Sachs, with participation from Santander.

The big number: New York health insurance companies are asking for an average 16.6 percent rate increase on the individual market.

Might we say: There’s really no such thing as “free” news. Please support great firms like EisnerAmper. Yes, that’s Steve Kreit’s firm.

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Compiled by John Kominicki. Thanks for reading.