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# PODCAST: StockX Gets $44M, City Household Incomes Up, Eric Thomas Talks Detroit & Your News
- URL: https://www.dailydetroit.com/podcast-stockx-gets-44m-city-household-incomes-up-eric-thomas-talks-detroit-your-news/
- Published: 2018-09-13T17:08:51.000Z
- Updated: 2024-02-25T22:31:24.000Z
- Author: Jer Staes
- Tags: #wordpress, #Import 2024-02-25 18:12, #admin

You show for September 13th, 2018 from the floor of Digital Summit Detroit:

Our feature interview is with Eric Thomas, the founder of Saga Marketing. He recently had a piece in the Financial Times and is locally famous for his LinkedIn blog post, “Why I hate Detroit.”

– Detroit’s getting a bit more of Silicon Valley’s magic. StockX, the Detroit-based Stock Market of Things, just closed on a $44 million Series B funding round with GV, which was previously called Google Ventures. The company says it plans to hire more than 1,000 people in the next year.

– How is Detroit’s comeback doing? Well here’s an interesting indicator. According to data provided by the U.S. Census, the city of Detroit’s median household income rose 8% in 2017\. That rate is four times the national average of 2%.

– A new report suggests that the market for luxury vehicles is on track for a near-record year, thanks largely to the growth in high-end sport utility vehicles.

– A pop-up Vespa dealer is opening in the Fisher Building.

– The Salvation Army is doing a “Ring for Bling” campaign for those taking part in their annual Red Kettle fundraising campaign. The nonprofit Salvation Army provides a lot of services in Metro Detroit, including feeding the homeless, combating addiction, fighting poverty and working to stop human trafficking. For every two-hour Red Kettle volunteer shift, volunteers get an entry for a chance to win a diamond necklace from Lucido Fine Jewelry. The Gabriel NY piece is worth more than $6,000.

– Michelle Obama is coming to Detroit as part of a 10-city tour to promote her new memoir, “Becoming.” She’ll be at Little Caesars Arena on Tuesday, December 11th.

Like the show? [Subscribe in Apple Podcasts or wherever you find your favorite podcasts.](http://www.dailydetroit.com/podcast/)