Comments on: Techpreneurship: George Rathmann – Biotech Pioneer http://blog.innovatearkansas.org/2009/11/19/techpreneurship-george-rathmann-biotech-pioneer/ The INOV8 blog tracks the latest news and trends in technology and innovation throughout the world. Fri, 12 Mar 2010 04:08:43 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Jeff Amerine http://blog.innovatearkansas.org/2009/11/19/techpreneurship-george-rathmann-biotech-pioneer/#comment-529 Jeff Amerine Fri, 20 Nov 2009 21:03:49 +0000 http://blog.innovatearkansas.org/?p=662#comment-529 Tim Thanks for sharing this story. We definitely need to learn from and build on the successes, adventures, and misadventures of the past. The more Arkansans gets engaged and talk about the strange twists and turns startups can take, the better chance we all have of really building something enduring. And if the stories involve stale pizza, cold beer, Mountain Dew and little sleep - well all the better! Thanks for sharing your wisdom and experience! Jeff Tim

Thanks for sharing this story. We definitely need to learn from and build on the successes, adventures, and misadventures of the past. The more Arkansans gets engaged and talk about the strange twists and turns startups can take, the better chance we all have of really building something enduring. And if the stories involve stale pizza, cold beer, Mountain Dew and little sleep – well all the better!

Thanks for sharing your wisdom and experience!

Jeff

]]> By: Tim McFarland http://blog.innovatearkansas.org/2009/11/19/techpreneurship-george-rathmann-biotech-pioneer/#comment-527 Tim McFarland Fri, 20 Nov 2009 15:49:11 +0000 http://blog.innovatearkansas.org/?p=662#comment-527 As you brought up beer, it reminded me of a different story that I heard a partner from Sequoia Capital tell about the first time they met with the founders of Yahoo. It was a one platform combination office in the lower rent district of Silicon Valley and when one walked in, you saw some computer equipment, a little furniture and a lot of pizza boxes from dine in meals of previous days. One could here each time this new thing, a website, got a hit; the computer would make a noise. As they returned to Yahoo for follow on meetings, they could here the increasing # of hits that this "new thing," a website was recieving. On the day of this conversation, it was two years after Sequoia made its first investment and the market value of their investment on this day was in excess of $1 billion. And while the stock market for dotcoms went down, Yahoo held up pretty well and provided some handsome returns to the early investors. Beer was not involved, but pizza certainly was the fuel of choice for the founders of Yahoo during this fledgling yet high growth period. We can never underestimate the potential of technology entrepreeneurs. All the while, technology entrepreneurs will have to go to school on the free markets and how to commercialize their product like one pursues a ph.D. and more. Thanks, Jeff, for all you & IA do to advance Tech Enterprises! As you brought up beer, it reminded me of a different story that I heard a partner from Sequoia Capital tell about the first time they met with the founders of Yahoo. It was a one platform combination office in the lower rent district of Silicon Valley and when one walked in, you saw some computer equipment, a little furniture and a lot of pizza boxes from dine in meals of previous days. One could here each time this new thing, a website, got a hit; the computer would make a noise. As they returned to Yahoo for follow on meetings, they could here the increasing # of hits that this “new thing,” a website was recieving. On the day of this conversation, it was two years after Sequoia made its first investment and the market value of their investment on this day was in excess of $1 billion. And while the stock market for dotcoms went down, Yahoo held up pretty well and provided some handsome returns to the early investors. Beer was not involved, but pizza certainly was the fuel of choice for the founders of Yahoo during this fledgling yet high growth period. We can never underestimate the potential of technology entrepreeneurs. All the while, technology entrepreneurs will have to go to school on the free markets and how to commercialize their product like one pursues a ph.D. and more. Thanks, Jeff, for all you & IA do to advance Tech Enterprises!

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