Wednesday, November 16, 2011
Green Dot's Steve Streit Gets National Award
Steve Streit, the founder of Monrovia, California-based Green Dot, which provides prepaid debit cards and other products, has been tapped for a national award recognizing entrepreneurs. Streit was named the 2011 Entrepreneur of the Year in the Financial Services sector by Ernst & Young this week, joining other entrepreneurs like Reid Hoffman d Jeff Weiner of LinkedIn, and Andrew Mason of Groupon in being recognized in the awards. Streit was among nine entrepreneurs awarded in an event hosted by Jay Leno in Palm Springs. Green Dot was backed by Sequoia Capital and the Tech Coast Angels, and has been the best return, ever, for the Tech Coast Angels. Streit and Green Dot have been recognized widely in the local tech community.