BLOG STARTUPS, VENTURE AND THE TECH BUSINESS

November 14 2013
by Todd Hixon

LED Light Bulbs Mature At Last

About ten years ago I invested in an LED (light emitting diode) company, and [cutting to the chase] we were too early. The technology and the market did not come together as soon as we had expected, our first application win was short-lived, and the venture turned a lot of dollars into dimes. Along the […]

Read on and discuss (2)

November 8 2013
by Todd Hixon

Budget, or Fudge-It?

Photo credit: 123RF stock photo.   Now is the season of the annual budget: it starts in November, and in the tough cases, the budget is not settled until January or February. There is always negotiation between management and the board: how high targets should be, how much it will cost. Why do we do […]

Read on and discuss (0)

November 8 2013
by Todd Hixon

How Your Health Insurance Will Be Turned On Its Head

In the next decade most health insurance will change from a defined-benefit — you know what services you will receive — to a defined-contribution — you know how much money your employer will pay towards the cost of your healthcare. This very profound change has already swept through retirement benefits, the other main category of […]

Read on and discuss (0)

November 8 2013
by Todd Hixon

Tough Truth About Defensive Exits

A few weeks ago I was talking with a co-investor in a company that is missing its numbers seriously, and he said, “Let’s just sell this thing!” I often have that urge too, when progress is slow and cash keeps burning. Sisyphus: Greek king condemned to perpetually push a rock up a hill. Image from […]

Read on and discuss (0)

November 4 2013
by Thanasis Delistathis

Raise your (recycled) glass to Bambeco

New Atlantic Ventures just welcomed the entrepreneurs behind Bambeco to our portfolio. Bambeco sells sustainable goods for the home. My favorite item Bambeco sells right now is the Vintage Champagne Ice Bucket, reclaimed from French champagne caves and hotels in Paris (while supplies last) – fitting for the occasion. Today, Bambeco announced it raised $4.5 […]

Read on and discuss (0)

October 30 2013
by Todd Hixon

Back to Basics: Why We Have A Budget Crisis

The budget crisis has dominated the news since the 2012 election: fiscal cliff and now sequester. But, the terms of the debate have drifted away from the fundamental forces that created the crisis and will govern a solution. Obama holds forth but Boehner is skeptical. Photo via WhiteHouse.gov.   Listening to the press, I hear […]

Read on and discuss (0)

October 30 2013
by Todd Hixon

An Entrepreneur’s Prayer For Better Government

My wife’s grandma used to say “the gods are bowling” when thunder and lightning filled the sky. For the last few weeks it seems that the gods have been playing chicken in the family minivan, with all of us aboard. Our politicians remind me of the gods of Greek mythology: quarrelling, narcissistic, irresponsible, and prone […]

Read on and discuss (0)

October 17 2013
by Todd Hixon

The Divine Right Of Telcos To Abuse Customers

Banks are most often accused of customer abuse, but Telcos are equally good at it. This is never more evident than when traveling internationally. Hertz now rents mobile bandwidth; photo via Todd Hixon.   Experienced travelers of my generation have stories about a $500 unexpected charge for a long call made from a hotel room […]

Read on and discuss (0)

October 17 2013
by Todd Hixon

Everyone Needs A Health Care Coach

In a comment on my post Healthcare Needs Transparency, which argues that U.S. healthcare customers need better information to be smart buyers, James Daghllian remarked: “if you are not a savvy senior or have a smart son, [I] guess you are just screwed in America!” He touches a recurrent theme: many people feel unable to navigate […]

Read on and discuss (0)

October 8 2013
by Thanasis Delistathis

A Transaction Worth the Wait

Today one of our portfolio companies reached a pivotal milestone – GlobalLogic, which operates design and engineering centers around the world, agreed to be acquired by Apax Partners.  This is a bittersweet moment for me as I have been involved with this company as an investor for 13 years.  Yet this is not the end […]

Read on and discuss (1)