[LUAU] VC and Linux

[Matthew John Darnell]

Nope, he meant Verifone.

-Matt


----- Original Message ----- 
From: "Virgil Vergara" <virgil at hawaii.rr.com>
To: "Linux/Unix Advocates/Users Hawaiian community discussion list"
<luau at lists.hosef.org>
Sent: Thursday, April 22, 2004 1:58 PM
Subject: Re: [LUAU] VC and Linux


> Hi Wayne,
>
> You must be talking about Verizon right? Verifone has no ties to
> Hawaii. They are the world's largest telecom with stakes in several
> European countries, South America and in Japan. I don't even think
> Verifone has any kind of market in the US.
>
> There are a few companies that are receiving attention within the VC
> field. Mainly with biotechnology. Two companies that are doing well are
> Hoku Scientific and Hawaii Biotech. There are others as well.
>
> Virgil
>
> On Thursday, April 22, 2004, at 12:37  PM, Hawaii Linux Institute wrote:
>
> > BTW, most participants in this forum are probably too young or too new
> > to have heard the story about Verifone.  This is the biggest IP
> > success story in Hawaii.  Verifone grew too big and had to be sold to
> > a mainland company for something like 9-digit figure.  I know some of
> > the founders of Verifone, many of them still live on the island and
> > many are still actively pursuing VC activities.  Several of them
> > invested in a company called Aquasearch, which makes microalgae and
> > got into a very nasty patent fight with its next door neighbor,
> > Cyantech.
> >
> > Eventually Aquasearch filed for bankruptcy, and Cyantech did not fare
> > too well, either.  Both companies had great technologies and are in
> > one of the most promissing markets, but they had to try to fight each
> > other to death.
> >
> > Anyway, I know getting a decent paycheck is priority No. 1, but if we
> > ourselves can't think too much about the VC business, we sure hope
> > someone else on the islands will make it, and make it big.  wayne
> >
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