In the wake of the Supreme Court’s gay marriage ruling, Jeremy Quittner reports on efforts to make gay-owned small businesses eligible for federal contracting programs. [Inc.]
Snapchat’s co-founders cashed out $10 million each as part of the company’s recent round of venture capital financing. Dan Primack writes that too much founder liquidity misaligns interests. [Fortune]
Workers at a Chinese factory are holding an American chief executive hostage amid labor negotiations. The CEO, Michael Starnes of Specialty Medical Supply, said the dispute would be resolved soon (video). [Bloomberg News]
Tiny Factory founder Michael Sacca writes that hiring his first startup employee was like having sex for the first time. [Medium]
Adrianne Jeffries reports on an online marketplace for illegal drugs that’s making a big advertising push. [The Verge]
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