Via News4Jax by Reporter Travis Gibson

JACKSONVILLE, Fla. – Jim Stallings knows a little something about big ideas.
Stallings worked for IBM for nearly 30 years and, as an executive, helped the technology corporation explode into a global force worth billions.
But when that chapter of his life closed in 2013, he set his sights on Jacksonville and a new goal of launching startup companies as a venture capitalist.
He’s now the CEO of PS27 Ventures, which invests millions in early-stage companies and focuses on industries like financial technology, sustainability and e-commerce. He’s invested in Jacksonville companies like FreshJax, which makes organic seasonings, OnPay Solutions, a payment software company, and SmartBox, a snack subscription service.