
The State Of Venture Capital: The Road To Recovery
(Editor's Note: The following article, written by Roman Kikta, is based on his presentation at the MTBC CEO Forum on April 29 at Ericsson. The CEO Forum Series, sponsored by Stanton Chase, is an invitation-only program specifically designed for the CEO or president of a technology company to provide them with the opportunity to meet with their peers for a roundtable discussion of ideas and issues. The theme of the 2005 CEO Forum Series is "Re-Building The Technology Economy In North Texas.” Kikta is the managing partner of Genesis Campus, an early stage venture capital fund, and a past speaker at the 3rd Friday Technical Luncheon.)
By Roman Kikta, Managing Partner, The Genesis Campus
The impact of venture capital on the U.S. economy is colossal -- it has been estimated that “venture capitalists have created nearly one-third of the total market value of all public companies in the United States” according to the National Venture Capital Association (NVCA). Venture-backed companies between 1970 and 2003 employed more than 10 million American workers and generated almost $2 trillion in revenue in 2003; this represents approximately 9.4 percent of total U.S. jobs and revenues.
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MTBC To Launch Executive Coaching Program In RISD, PISD This Fall
Initiative Builds Relationships Between Businesses, Educators
The Metroplex Technology Business Council's Board of Directors recently endorsed an "executive coaching" program and will collaborate with the Greater Dallas Chamber of Commerce for implementation in the Richardson and Plano ISD's beginning in the fall of 2005.
The MTBC, through its network of executives, will enlist the 10-12 executives needed to begin the program. MTBC Board Member Shaunna Sowell, Texas Instruments, will serve as the facilitator for the program.
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Tech Titans Nominations Deadline Extended To June 20
Nominations for the seven primary Tech Titans awards will be accepted through June 20. Award categories include the Corporate CEO Award, Emerging Company CEO Award, Corporate Horizon Award, Emerging Company Horizon Award, Leadership Award, Community Hero Award and the Technopolis Award.
In addition to these seven awards, the Titan Fast 50 will be awarded to companies in two categories: those who have grown the fastest in five years and those who have grown the fastest in one year. The deadline for Titan Fast 50 nominations is May 31.
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