This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Things to Know About Small Business This Week: April 26

NEW YORK ( TheStreet) -- What happened in small business this week?

1. Punky Brewster gets venture funds from Google. Soleil Moon Frye, best known for her role as the sprightly Punky Brewster back in the '80s, is starring in another role as co-founder and chief creative officer of Moonfrye , a social and do-it-yourself crafting startup geared to parents. Moonfrye (the venture) just got $2.5 million in funding led by GRP Partners with participation from Greycroft, Daher Capital and Google Ventures, according to TechCrunch.

Moon Frye has spent the past few years building an "impressive" online and social community through the site. She also launched an eco-friendly baby store in Los Angeles, designed a product line for Target (TGT) and wrote two parenting books, the article says.

Moonfrye the venture was started with former IAC (IACI) executive Kara Nortman. They plan to launch a mobile app "dedicated to inspiring creativity in families in a do-it-yourself experience," TechCrunch says.


2. eBay bats against online sales tax measures. eBay (EBAY) weighed in over the debate over online sales tax collection this week. CEO John Donahoe began emailing users last Sunday telling them the Marketplace Fairness Act would burden small online merchants.

The San Jose, Calif.-based online marketplace also took to Twitter to send its message out. One tweet said: one tweet saying: "Do you think #SmallBiz owners should be forced to act as tax collectors in all states? Neither do we."

Another tweet said the online marketplace company believes businesses with fewer than 50 employees or less than $10 million in annual out-of-state sales should be exempt from the legislation, according to TheStreet.


The bill is supposed to level the playing field between online and bricks-and-mortar stores by requiring online retailers to collect sales tax (still small online retailers with less than $1 million in revenue would be exempt), but has been getting quite the pushback. The Senate was supposed to take up the bill for a vote this week, but so far it hasn't done so. PCWorld mentions that perhaps the vote will take place Friday or Saturday.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs