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| Early on at Taft, a phone call from a friend at a major accounting firm who wanted him to help start an Internet company renewed his entrepreneurial zeal in the mid '90s. “I started to see how much value the new technology was going to have on business,” he says.
In 1999, Molinsky jumpstarted the New Technology scene in Cincinnati as one the founders of Main Street Ventures, an incubator for high-tech companies in the city's up-and-coming Over-the-Rhine neighborhood. The incubator accounted for more than $100 million in companies financed and sold.
| More recently, he has supported efforts by other business assistance groups that have emerged in the region, such as CincyTech, C-Cap, Queen City Angels and the Madison E-Zone. Now, Molinsky says, “If you're an entrepreneur and have a legitimate business idea, you have many more experienced people and organizations in the area that will help you compared with just five or six years ago.” For his part, Molinsky does the legal lifting to help get companies off the ground, including assisting with corporate formation, tax planning, intellectual property protection, venture capital, and mergers and acquisitions. In a bit of lawyerly humor, he calls it a “cradle to tombstone practice,” referring to the document that commemorates a merger, acquisition or other financial deal. “We see it as a space that continues to grow,” he says. As it does, Molinsky plans to be there, sweeping the legal floors and making sure the tee-offs fly straight. |
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