Ever wonder what happened to tech executive Martin Tobias since he parted ways with Seattle biodiesel company Imperium Renewables?
Turns out he’s the CEO of a new company called Kashless.org.
Tobias isn’t saying much about the company yet, but did say it’s in the ReCommerce space, which he described as “clean tech meets software.”
The Kashless.org website says the company is building a “community and platform enabling person to person product reuse, sharing, lending, trade and other ‘cashless’ transactions.”
It continues: “By increasing reuse, Kashless.org will divert a significant amount of waste from the landfill and extend the useful life of many products.”
It says the company is fully funded for 3 years.
Tobias said he’s been running the company out of his home, but is looking for 1,000-2,000 square feet of office space in the Seattle area for a staff of five to ten people.
“I’m hiring people and I’m fully funded,” Tobias said, declining to provide any more details.
Tobias departed suddenly as chairman and CEO of Imperium Renewables in December 2007.
Shortly after that, Imperium dropped plans for a $345 million IPO, and the company has had a series of well-publicized troubles including layoffs and the loss of a key contract at its Grays Harbor refinery.
– Eric Engleman, firstname.lastname@example.org