Thomas F. Frist Jr., a board member, co-founder and brother of Senator Frist, had been a longtime investor in Bain Capital's buyout funds and contacted the firm to gauge its interest in acquiring HCA through a leveraged buyout and taking it private again, according to S.E.C. documents.
The Facebook founder also promised Koum a board seat, showered the founders with admiration and, according to a source who took part in discussions, told them that they would have "zero pressure" on monetization for the next five years.
Although the company does not show up yet on Google trends, Gilles Babinet (a board member and previous founder of Musiwave sold to Microsoft) tells me the service is very sticky.
He also was a board member and a founder of the Ocean Outfall Group, which has pushed the Orange County Sanitation District to clean up waste water pumped offshore in Huntington Beach and has expanded its efforts to other counties in the state.
Media Arts Group Inc. said yesterday that Thomas Kinkade, a board member and co-founder, had offered to buy all the shares of the company, an art and home-decor concern, that he did not already own for about $62.9 million.
(I am a board member and co-founder of Smart Growth America but have had no connection with Dangerous by Design other than to read it after publication).
Sokolow was founder and a board member of SCOPE, the School and College Organization for Prevention Educators (now subsumed into ATIXA), and is a founder and board member of SACCA, the Student Affairs Community College Association (www.sacca.org).org
Her father, a radiologist, is a founder and a board member of American Radiology Services, a medical imaging company in Baltimore.
VPK is also a co-founder and a board member of Technopark of GPI RAS and a co-founder and a partner of Thermographic Systems Ltd.
VAY is the head of the Department of Applied Thermography and the Laboratory of Nanophotonics at Prokhorov General Physics Institute; he is also a co-founder and a board member of Technopark of GPI RAS and a co-founder and a partner of Thermographic Systems Ltd.
But finding the right person to fill that job is harder than ever, especially when a board must replace a visionary founder.
