Baiada is an investor, board member and entrepreneur

Baiada founded Bluestone, Inc. in 1989 to provide technology expertise to Fortune 1000 companies and government organizations. Under his direction, Bluestone rapidly grew to a multi-million dollar company, earning its inclusion in the Inc. 500 list of the fastest growing, privately held companies in the U.S. for three straight years, from 1994 to 1996. The software arm underwent a successful IPO in 1999, and was acquired by Hewlett-Packard in 2000.

Through his generous contributions, Drexel University was able to add the Laurence A. Baiada Center for Entrepreneurship in Technology to its campus. .