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Dominic Orr was named President and CEO of Aruba Networks in April 2006. Prior to that, Mr. Orr served as the company's Chairman of the Board. Previously, Dominic Orr was the president of Nortel Networks, Intelligent Internet Web Systems. He previously served as the president and chief executive of Alteon WebSystems which was merged with Nortel Networks in Oct. 2000. Mr. Orr has more than 20 years of experience in the computer systems and communication networking industry and has held senior positions at Bay Networks, Hewlett-Packard and Hughes Aircraft. Mr. Orr. is a member of the Sciences Board of Visitors at UCLA. He holds a BS in physics from City University of New York and a MS and PhD from California Institute of Technology.
Entrepreneurs could give their budding companies a powerful financial boost by using a source of funding usually considered off limits--the retirement kitty. The author, a certified financial planner, does, however, caution company builders to leave a portion of those funds intact, using more accessible sources first. Thereafter, he argues, tax-deferred assets in a 401(k), SEP, or IRA comprise a personal venture capital fund that can do as much for an individual's business as for his or her golden years.
Local investing could be the answer to the problem of dealing with big banks and the way they do business. Read more about this funding alternative for startups.
Would you, the healthcare startup owner, accept $50,000 in funding in exchange for a 7 percent equity stake in your business? That's the question a Chicago-based healthcare seed accelerator is asking healthcare entrepreneurs. And pretty soon, we'll see how they answer that question.
Small biotech companies may have the feeling that venture capital firms are avoiding small life sciences firms like the plague. But maybe not for long -- if Washington has anything to say about it.
As year-end approaches and entrepreneurs regroup to figure out financing options for 2012, it's a good time to take a look at the two major sources of new business funding -- angel investing versus venture capital.
In Part Two of our look at early-stage entrepreneurial funding, we examine the pros and cons of the two primary startup funding mechanisms: venture capital and angel funding.
Innovation is the new watchword in Washington -- so much so, that the U.S. Department of Health and Human Services wants to hear directly from entrepreneurs on their innovations. But what’s in it for healthcare business owners?
Venture funding is up, albeit slightly. To grab your slice of the capital pie, start thinking differently.
There’s no time like the present when it comes to small business loans. Thanks to more financially stable small businesses, healthcare entrepreneurs may have a clearer path to capital.
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