[LUAU] VC and Linux

[Virgil Vergara]

My apologizes to everyone especially to Wayne. You all are right about 
Verifone.  I was thinking Vodafone then.

Virgil



On Thursday, April 22, 2004, at 02:07  PM, Matthew John Darnell wrote:

> 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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>>>
>>
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