Jun 17, 2022

With his own ‘Shark Tank’ and millions to invest, this man wants to help veterans and minorities with big ideas

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.

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