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We will invest extra money in women founders with a dream, because our lawyers told us to do so".
Most net companies go public with "thin floats" designed to leave the founders with a lot of the outstanding equity.
"It's a dashboard for the human body, a great viewer into what your body is doing on the fly," said Mr. Stivoric, the last of the four founders with a day-to-day role at BodyMedia.
For all the material rewards of success, venture capitalists say, it is business founders with a profound motivation to change the world, or at least a portion of it, who are the most successful.
David Griswold, the founder of Sustainable Harvest, a Portland-based coffee importer, said Ben & Jerry's had inspired him 20 years ago when as a young and idealistic entrepreneur he first visited its founders with a "bag of coffee beans and a slide show".
United Artists was struggling in the early '50s when two producers, Arthur Krim and Robert Benjamin, came to Pickford and Chaplin, the surviving founders, with a proposal: If they could turn the troubled organization around in five years, they would earn an option to buy it.
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Wired magazine also favored the founders with an award in April for "cracking the spine of the science cartel".
The Yale Entrepreneurial Institute, a two-year-old university organization originally set up to commercialize faculty inventions, is providing the founders with an office across the street from campus.
Though plainly partisan, flung out like ephemeral flares, these papers have since acquired their monumental status as a gloss on the intentions of the founders, with an authority just below that of the Constitution itself.
He focuses on founders with an authentic mission to change entire industries.
"Spectacular management team," rock-solid investors along for the long-term ride, founders with an unshakable vision and a massive market of eager consumers for a well-designed product.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com