By guest author Irina Patterson Irina: Let’s talk about seed funding. What is the CRV QuickStart program? George: Initially, we called the program QuickStart. We made about sixteen investments that were $250,000. We found that entrepreneurs liked it, but a bunch of angel investors did not like it because we priced it as a convertible note
By guest author Tony Scott Creating a Culture of Innovation Tony: Going back to your comment earlier about the cultural differences between an R&D-driven organization and an IT organization, the kinds of people that are needed in those kinds of organizations do have to think pretty differently. So, there’s a big cultural difference for the
SM: Whom do you charge, and what do you charge, for the Patient Ally system? BO: We offer that for free. SM: So you are subsidizing that with your Office Ally business? BO: Correct. Our EHR product is the least expensive in the country. It cost $9.95 a month which subsidizes Patient Ally.
By guest author Irina Patterson Nova: Today, the world of angel investing is completely the Wild West. It’s extremely hard to find investors. It’s extremely hard to get them to give you money. And even when they do, it’s not very much. So, there’s a gap right now. Basically, the first one to three million
You have heard me call for a speculation tax many times. It looks like others have come to the same conclusion. Have a look at this video interview of director Oliver Stone with the WSJ discussing his new movie “Wall Street: Money Never Sleeps,” the sequel to his 1987 film “Wall Street”:
By guest author Irina Patterson This is the twenty-fifth interview in our series on financing for entrepreneurs. I am talking to George Zachary, general partner of Charles River Ventures, one of the nation’s oldest early-stage venture capital firms. CRV invests in the data communications and software & services sectors and provides entrepreneurs with access to
By guest author Tony Scott The Challenge of Finding Strong Middle Management Tony: Are you finding it more difficult to attract and retain the kind of people you need? The services GlobalLogic provides clearly require the high end of the skill set compared to outsourced call center services, for example.
SM: What are your future plans for the company? Where is Office Ally headed? BO: We continue to find ways to reduce waste in healthcare. There is a concept called the accountable care organization.