Jake Baillie Leaving TrueLocal
Jake Baillie has announced he will be leaving TrueLocal.com to pursue other opportunities. In an email to WebProNews, we were informed Baillie, along with additional TrueLocal employees, would be forming an Internet funding business called STN Labs.
The purpose of the company is to evaluate and fund up-and-coming Internet media and technology-related companies.STN Labs will provide funding in the $50-500 thousand range.
Baillie reveals that managing a company like this has always been a dream of his and he feels now is the time to pursue it. He also indicates his transition away from TrueLocal will last until January.
Expect further news concerning Jake’s departure as it becomes available.
All very sudden. Maybe more here than meets the eye. Stay Tuned.