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FORTUNE Hardware Start-Ups Are a Tougher Sell | Venture capitalists tend to be less comfortable with start-ups that make physical hardware, Bloomberg News reports.
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It took 50% ownership in United Stationers and in 1997 installed a chief executive, Randall Larrimore, who had headed Fortune Brands' hardware division, including Moen Inc. and Master Lock Co. Larrimore, now 52, carried with him an odd business bible Dr.
It also runs RISC OS and, more important, is a great way for kids to learn how to use computers without spending a fortune on hardware.
Storied investor Shi Yuzhu made his first fortune in computer hardware but then lost it in real estate.
Citus is one of these companies that actually has an innovative technology that uses software across a horizontal infrastructure to do analysis without having to spend a fortune in proprietary hardware and software.
"The fortunes of the magazines are very profoundly linked to the fortunes of the hardware platforms".
Don't get me wrong, I think the Surface Pro has a shot at success (I've grown rather fond of my own Surface RT), but we'll soon see how the company's hardware fortunes turn out.
Which makes perfect business sense when you look at Nintendo's fortunes in the hardware market.
The area, benefiting from the University of California campus, is home to small companies that develop medical instruments and computer hardware and Fortune 500 companies like the Tenet Healthcare Corporation and Fidelity National Financial Inc. Santa Barbara is also a popular spot for holding midsize retreats.
Liam Casey is best known as "Mr. China," the founder and CEO of PCH, which sources, designs and manufacturers custom hardware for Fortune 500 companies and startups in Shenzhen.
While we think highway robbery, especially of precious, lovely tech gear, is wrong, we do have to privately chuckle to ourselves in regards to the simplicity and sophistication of the larceny, as these masterminds found a way to make off with a small fortune in high-tech hardware without using weapons, nobody getting hurt, and with no damage, save to the van and a stolen Mazda MPV.
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