When VC stands for 'very crafty'
Article Abstract:
Draper Fisher Jurvetson founder Tim Draper has survived the downward slide being experienced mostly by dot-com companies. Unlike other venture capitalists, Draper is willing to bet on people who win his confidence, even if he is less sure about the technology or business plan. The end game for him comes when a company that he invested in goes public or is acquired by another company. The enables Draper Fisher Jurvetson to distribute the profits from the investments back to those who put money into the fund.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Project turns airplanes into metro-area satellites
Article Abstract:
Angel Technologies of St. Louis, MO, plans to use airplanes as metro-area satellites for fast connection to the net. The company intends to pack the airplanes with high-bandwidth communications gear and circle them some 10 miles above cities. The airplanes will act as satellites, and anyone with a plate-size antenna and is within a 75-mile radius could bounce signals off the planes down to ground stations that link to the Net. Angel Technologies has successfully conducted a flight test on Sept. 22, 1998.
Comment:
Plans to use airplanes as metro-area satellites for fast connection to the net
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Philips seeks hero product to court USA
Article Abstract:
Philips Gloeilampenfabrieken N.V. is moving like never before in an effort to achieve its main goal of improving its market share in the US, where Philips only ranks 115th. In line towards this goal, the company has already launched its largest advertising and branding campaign in the US and is streamlining its business. Some analysts say that the only thing that Philips lack is a hero product that would boost the perception of the brand among American consumers.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Philip to take results of copper probe to police. Philip pushed to hand ownership to lenders
- Abstracts: The man of the moment. 'More craft, less smoke'. The Potter frenzy
- Abstracts: Last bites for malaria. Resistance is useless. Blinkered about Bill
- Abstracts: Sony to take charge to pay for cellular phone recall. Europe electronics maker expects a loss; Philips sees loss for the quarter and possibly red ink for the year