Upward momentum
Superpedestrian gets $4 million for Copenhagen Wheel, which turns bikes into hybrids
superpedestrian

MIT spinout Superpedestrian has added $4 million, including investments from actor Jared Leto and General Catalyst Partners, to produce its wheel that converts bicycles into electric-hybrids for easier hill-climbing and long-distance rides.

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Make it in Mass.?
Can manufacturing in Massachusetts go viral?
Eric Hold works on the electrical boards of a mass spectrometer at 908 Devices in South Boston. (Wendy Maeda/Globe Staff)

“What we need are manufacturing jobs, not stupid social apps.”

That was a comment appended to a column I wrote in August about two app start-ups in Boston, and I thought it raised a good question: Who is creating those new manufacturing jobs? If you want to weld, rivet, or stamp for a living, rather than code and upload, where will you work?

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Big Orange on the NYSE
Hot on the heels of Wayfair, HubSpot sets IPO terms; both could go public within a week in October
Image via HubSpot
Last Friday, Wayfair filed paperwork with the SEC that gave the details of its expected IPO. Trading under the symbol "W', Wayfair will price its stock between $25 and $28, looking to raise $308 million. From what I hear, that IPO is likely to happen on Oct. 2. This morning, HubSpot updated its paperwork with the SEC, indicating that it expects to offer its IPO shares for between $19 and $21. Read More
Ello....Ello?
Heard of Ello? You may want to join this 'anti-Facebook' soon
Ello copy
Since Facebook announced a new policy trying to make people use their real name on the social network, there has been quite a blowback from people like musicians, artists, and members of the LGBT community who use pseudonyms on the site for artistic purposes or to protect their real identities. One company is reaping the benefits of Facebook's "real name" stance and making a name for itself in the process. A social network called Ello, with some New England roots, has generated a ton of buzz over the past few days as people have inundated the site with invitation requests. The descriptor some are giving to the site: the "anti-Facebook." Read More