Jack Studer went to Princeton, got his first job after college as an investment banker with Credit Suisse doing mergers and acquisitions in Silicon Valley, and later co-founded a document security software company called DraftSpace.
His family owned the Sequatchie Valley Coal Co. in Dunlap, Tennessee, about 40 miles northwest of Chattanooga. After it closed, his father, Jim Studer, was tapped to help launch the Skyline Coal Company in Dunlap.
"Writing some software's easy compared to that," Jack Studer says.
Studer is the new executive director of the CompanyLab, or Co.Lab, a nonprofit startup "accelerator" that supports entrepreneurial growth. It's headquartered on the first floor of the Edney Building at the corner of 11th and Market streets, the hub of Chattanooga's downtown Innovation District.