Entrepreneur acts as mentor

Article Abstract:

Ascend Communications Founder and Former CEO Rob Ryan acts as mentor to aspiring entrepreneurs, who are trek to Ryan's Montana's Bitterfoot Mountains ranch. Ryan, a self-made multimillionaire, pampers his guests with fine wine, salmon and rest in a log cabin. He also grills them about their business in a conference room. Although networking equipment firm Ascend Communications does not charge invited would-be entrepreneurs for their stay in the ranch, Ryan usually takes less than 1% of stock and a seat on the board at the company he decides to work with.

Comment:

Founder and Former CEO Rob Ryan acts as mentor to aspiring entrepreneurs

United States, Process, Physical Distribution, and Logistics Consulting Services, Marketing Consulting Services, Ascend Communications Inc., Article

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Japanese tech leader gambles big, wins big

Article Abstract:

Software distributor Softbank of Japan is one of the leading Internet investors, with unrealized stock gains of $13.8 billion. Software, and its four venture funds, have invested in more than 70 Internet companies including the highfliers online brokerage E*Trade, community site GeoCities and search engine Yahoo, E-Loan. The company also owns the computer trade show Comdex, computer memory maker Kingston Technology and publishing giant Ziff-Davis. Founder Masayoshi Son owns 40% of Softbank.

Japan, Computer Software Wholesale, Computer and Computer Peripheral Equipment and Software Wholesalers, Software distributors, Softbank

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Nike's image problem

Article Abstract:

Nike Inc has intervened in the working conditions of the plants of its subcontractors in Vietnam, after global protests were staged against the company for violating labor rights. The Vietnam plants producing Nike shoes have seen considerable improvements, including better working environment as well as employee compensation and benefits. The move to intervene in its subcontractors' affairs came after the Nike image became nearly related to slave wages and arbitrary abuse.

Other Footwear Manufacturing, Vietnam, Athletic & Other Footwear, Nike Inc.

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