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Hobnobbing with Fortune:
Almost 400 people jammed into a meeting room at the Sheraton Premiere in Tyson's Corner for the first CEO forum held by the Potomac KnowledgeWay's Netpreneur Program April 30 .
Although the session was off the record, we can tell you that attendees, who wore a color dot on their name badges if they were investors and another color if they were business people looking for money, did a whole lot of networking and at least a little deal-making.
Legent co-founder Mario Morino, former Netrix chief executive Chuck Stein, and John May, founder of the Private Investor's Network, gave tips on getting venture capital money and starting new businesses.
World Congress Chalks Up More Support:
Planners of the 1998 World Congress on Information Technology announced a roster of new sponsors and speakers at a press conference May 2 at George Mason University.
Acer Inc. of San Jose, Calif.; Lockheed Martin Corp. of Bethesda, Md.; TRW Inc. of Cleveland; and TSMC USA Inc. of San Jose, Calif., donated $100,000 each. Donating $25,000 each were Loudoun County, Va., taxpayers; Scottish Trade International in Glasgow, Scotland; and Softworks Inc. in Alexandria, Va. Carey Winston, based in Bethesda, Md.; Novadyne Systems Inc. in Reston, Va.; and Software AG in Reston, Va., donated $10,000 each.
Among the new speakers are Alfred Berkeley, president of the NASDAQ Stock Market Inc.; Peter Samuelson, founder of the Starbright Foundation; Jeffrey Sachs, world renowned economist and director of the Harvard Institute of International Development; and Don Tapscott, author of "Digital Economy: Promise and Peril in the Age of Networked Intelligence."
Faith in the Public Market:
Another Netplexer hops on the IPO bandwagon. Didax Inc. in Chantilly, Va., filed a statement with the U.S. Securities and Exchange Commission on April 25 to go public. The company, formed in 1993, has derived its revenues from providing Web site development and other technology consulting services to Christian organizations. It plans to offer 2 million shares of common stock valued at $5.75 a share. Net proceeds will be used to retire company indebtedness and for marketing, sales and consulting services. The company's lead underwriter is Barron Chase Securities.
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