Blueprint For Saving 11 Billion Dollars In Healthcare Costs: MD On-Line CEO Bill Bartzak (Part 2)

SM: In 1995, when you were starting MD On-Line, you were on your own. Who did you have to actually build the technology, and how did you find them? BB: The first programmer I hired was Alan Sagan. I met him through a mutual friend. He is the nephew of Carl Sagan. He owned a

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Blueprint For Saving 11 Billion Dollars In Healthcare Costs: MD On-Line CEO Bill Bartzak (Part 1)

Bill Bartzak founded MD On-Line, Inc. in 1995. Today, the company is one of the fastest-growing technology firms in the country, having been named to Inc. magazine’s Inc 500 in 2004, the Deloitte Technology Fast 500, and the Deloitte Technology Fast 50 in New Jersey. Bartzak has a strong background of bootstrapped startup ventures in

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Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 7)

SM: Do you offer scholarships or financial assistance for your students? DH: We certainly give back. We like to say that we are doing well by doing good. We are doing well as an organization by doing good things for society and our students. That includes $16 million in scholarships last year alone; 10% of

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Power Of The Urban Wind: Mariah Power CEO Mike Hess (Part 7)

SM: Where are you doing your manufacturing? MH: We are doing it in Michigan. We took over an old automobile parts plant. That helps drive market interest to us.

Power Of The Urban Wind: Mariah Power CEO Mike Hess (Part 6)

SM: What impact do you expect the stimulus bill to have on your business? MH: We have a couple of things. The stimulus package which gave rebates such as the 30% federal tax rebate has been extremely helpful in terms of what it is doing. The economy is still hurt because people are still holding

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Power Of The Urban Wind: Mariah Power CEO Mike Hess (Part 5)

SM: Who were the VCs that you raised money from? MH: Noventi Ventures was the main investor. There were two small firms, Greenhouse Capital and Big Sky Partners. We converted the notes and raised $5 million in new cash.

Power Of The Urban Wind: Mariah Power CEO Mike Hess (Part 4)

SM: How much money did you raise through the angel process? MH: The first time we raised $750,000. We then did $2 million in convertible notes. After that we did a VC round.

Power Of The Urban Wind: Mariah Power CEO Mike Hess (Part 3)

SM: What are the requirements of a home, and how did you derive that there are 13 million homes that can handle your solution? MH: You need a lot that is half an acre or larger and at least a Class 3 wind.