Wednesday, May 7, 2008
Lifestyle Family Fitness
If all the above is true, then why didn't anyone go to the HR dept? It says numerous times that there is proof. I currently work at LFF at the Henderson road location and have seen some staff go that should have, but I just don't see a bad work environment, etc... If anything the upper management kept these managers in place too long to give them a chance. Again, if you or anyone has proof, then I would encourage you to prove it rather than continue to write negative emails. I just can't believe this as this sounds a little to outrageous to me. It sounds like some of the previous employees need to move on and get a life.
BTW-My mom is a member and works out with a trainer. She has lost 55 pounds and has improved her past health condition a lot. She is a new woman and I owe this to LFF as they have motivated her to improve her health. Its expensive, but whats the cost of health? Did I forget to mention that she is off of all her medication (high blood pressure pills, etc)? My family will continue to be proud members and I am a proud employee. I would suggest that someone give LFF a chance before believing some crazy past employee. They probably got fired for a reason!
Lifestyle reaps as venture capital investing drops in Florida
Of the $115.5 million invested by venture capitalists in the first quarter of 2008 in Florida, just $6.5 million of it landed in the Tampa Bay area.
According to numbers released by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Reuters, Lifestyle Family Fitness in St. Petersburg received the region's largest investment, a $3.8 million later stage investment from Ballast Point Venture Partners, Quantum Capital Partners and an undisclosed investor.
Skyway Software Inc. in Tampa picked up $2 million in expansion capital from Armada Venture Group LLC, Imlay Investments and an undisclosed investor. Also in Tampa, Acclaris Inc. grabbed $750,000 in later stage investment from Derwent London plc and Updata Partners.
Lifestyle operates a fitness chain with 34 locations in Florida and 56 total locations. Skyway develops software and deployment for business. Acclaris develops business process services.
Florida's investment market is down 29 percent from the first quarter of 2007 when $162 million was invested in 14 companies, representing an average investment of $11.6 million. The $115.5 million in the first quarter of 2008 was distributed among eight companies, marking an average investment of $14.4 million.
Nationwide, more than $7.1 billion was invested in 922 deals in the first quarter, the fifth highest since 2001.
"Venture capitalists still have large amounts of money in their coffers, therefore it's no surprise to see a solid level of investing continue," said Tracy Lefteroff, global managing partner of the venture capital practice at PricewaterhouseCoopers, in a release. "VCs have weathered numerous economic cycles and will continue to fund companies with innovative ideas and solid business models while they also stand behind their portfolio companies for the long term."
Florida still trails the nation's top five states that receive venture funding. California accounted for more than half of the nation's total at $3.5 billion, or $8.5 million per deal. Massachusetts picked up $697.9 million in funding, representing nearly $7 million per deal.
New York had 51 deals worth $406.9 million, averaging just under $8 million per deal. Texas and Colorado rounded out the top five with $361.4 million and $297.7 million, respectively.
