On April 19, 2004, StockerYale Inc., the once high-flying, then struggling, Salem-based fiberoptics company, announced it landed two orders from defense giant BAE Systems for specialized lasers. After the news, the company’s stock went “ballistic,” in the words of spokesman…
One of the most animated and emotional conversations a venture capital investor can have with an entrepreneur surrounds the issue of valuation: “How much of my company do I have to give up for the amount of capital I am…
Sources of capital to support growth in less-populated northern New England can present challenges to New Hampshire companies. Compared to Massachusetts, comparatively few “traditional” (i.e. technology) venture capital businesses emerge from the region and fewer regional venture capital funds exist…
Could you name a company of any type that has operating profits of 70 percent of revenue? Or even 45 percent or 35 percent? These are the kinds of projections that entrepreneurs repeatedly present to angel groups and venture conferences,…
It is assumed that businesspeople not only understand what a “business model” is, but that they also know how to identify, assess and create one. Sounds simple, right? Think again. The term means many different things to different people. Recently…
Born in Tacoma, Wash., self-described Army brat Felix Torres grew up in a number of locations, primarily Pemberton, N.J. After graduating from Harvard as a history major and doing post-graduate studies in urban affairs at MIT, he served in various…
Come fly with me At last month’s Nackey Loeb Awards dinner, Union Leader publisher Joe McQuaid took a moment to thank David Fink and Timothy Mellon of Guilford Transportation - owner of Pan Am Airlines — for supplying the plane…
It’s November, the end of the year is soon upon us. My partner and I will be sitting down to budget/forecast 2005. Norton Asset Management Inc. is a small firm (10 full time employees). We have three areas of business:…
Several days after last month’s column on insurance producer compensation was published, the National Association of Insurance Commissioners (NAIC) issued its first draft of a model broker compensation disclosure law. I was pleased to see that the NAIC rejected the…
Gov.-elect John Lynch continues to shape his upcoming administration. While the ceremonial aspects of planning the inauguration are fun and full of adrenaline, the real business of government became apparent as department heads presented their proposed budgets to legislative committees…
