Speaking to an audience of nearly 700 people at the TEDx Navesink event at Monmouth University, on April 11, Audible founder and CEO Donald Katz talked about his company’s relationship with Newark and announced that he was starting a venture fund and accelerator in the Brick City.

“We’ve been working for more than two years with a number of political people, technology leaders and investment leaders. The fund-plus-accelerator model has really come of age. It’s a powerful de-risking methodology,” he said.

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