To: Glenn Petersen who wrote (99 ) 6/27/2000 12:41:00 PM From: Edwin S. Fujinaka Read Replies (1) | Respond to of 246
This item was posted to the Softbank Board of Raging Bull and might indicate how Divine Interventures could be structured as part of Softbank's Empire. Perhaps DVIN could be the Chicago version of I-Group HotBank NE, a Boston Internet Incubator:ragingbull.com By: high.hopes Reply To: None Tuesday, 27 Jun 2000 at 12:04 AM EDT Post # of 4805 What It Takes to be an Entrepreneur in the Net Economy Monday June 26, 10:15 am Eastern Time BOSTON--(BUSINESS WIRE)--June 26, 2000--Markets are falling and Internet companies are starting to close down as ``dot.com-petition'' becomes more intense. So in today's Net economy, what does it take to succeed? Ashok S. Kalelkar, Ph.D., Managing Director and General Partner of I-Group HotBank NE, Boston's premier Internet incubator and a SOFTBANK Corporation affiliate, is an authority on entrepreneurship and can provide insights and commentary on just what it takes to be a successful entrepreneur in the Net economy. With extensive experience mentoring entrepreneurs across the industry, Kalelkar is available to discuss such issues as: The ``Top Ten'' secrets to starting a successful business in the Net economy. Funding your start-up: How much equity is too much to give away? Not all VCs are created equal. Business plans: Creating the best plan--and knowing how and when to adapt it. Internet Incubators: When to embrace (or avoid) incubation. Risk and reward of advisory boards. In a virtual marketplace, how much does location matter? For more information or an interview with Ashok Kalelkar please contact Mike Schultz at (781) 684-0770. In addition to his role as Managing Director, Kalelkar is an active angel investor and mentor to the Indian and entrepreneurial communities. With over 30 years of management experience in the technology industry, he is a leader in the Internet community. Kalelkar serves on the board of five high-tech start-up companies and was a founding member of TiE-Atlantic, the not-for-profit organization charged with fostering and supporting entrepreneurship by utilizing a strong network of individuals of Indus origin. Acknowledged as a top incubator by venture capitalist and industry analysts, I-Group HotBank offers services that give young start-ups a six month head start in the important first-to-market race. I-Group HotBank is redefining incubators with its unique ``mentor capital'' services, which include management, partnership, investor and recruitment mentoring; access to SOFTBANK Corporation's powerful network of hundreds of companies and a sustained evergreen venture capital fund. I-Group HotBank's Ames Mansion is a 25,000 square foot brownstone mansion with original woodwork and designs, equipped with the latest technology, support and amenities. I-Group HotBank is located on the World Wide Web at i-group.com . -------------------------------------------------------------------------------- Contact: Schwartz Communications, Inc. Mike Schultz/Michael DiLorenzo 781-684-0770 i-group@schwartz-pr.com