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<br /> . ';Company: : 1"•.-'., Headquarters g.•Revenue/VC'Fundin ;`Inception.' _:_ Employees:r
<br /> 411 Cymbet Corporation Elk River None/$4.5M 1999 7
<br /> 0
<br /> L' Most recently, Weiss was chairman of k
<br /> "What most impressed me was ,,f
<br /> • MacTac Engineered Products, a subsidiary '� at
<br /> E of Bemis, which included the joint inven- Mark Jenson himself. He's like i •
<br /> T
<br /> tion and development of the battery.tester a poster child for entrepreneurs."
<br /> cj that comes with some of today's leading
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<br /> consumer batteries. By the way, Weiss —Harlan Jacobs, founder,
<br /> claims credit for the new name,a collection,
<br /> he says, of prefixes and suffixes that mean
<br /> Genesis Business Centers
<br /> ' nothing, but nonetheless, didn't resemble .
<br /> any other company's name.
<br /> "Mark recognized that he didn't have the will be critical to attracting and retaining the Collaborative and NetSuds—which has
<br /> managerial experience to take this company employees and establishing a new culture been hit or miss. (NetSuds was helpful in
<br /> to where he and Harlan envision. That's that reflects the passion, vision, and entre- connecting the company to a Silicon Valley
<br /> where our experience comes in,"adds Weiss, preneurial spirit of the core executive team. chipmaker.) Instead, the company had to go
<br /> "we've been through this before." "We need to be very picky in this early nearly 7,000 miles to Finland and Israel to
<br /> c "What most impressed me was Mark stage,"says Shiffman,"we need team players. obtain start-up financing.
<br /> N Jenson himself," Jacobs says. "He's like a who want to learn, take risks (not gambles), "We decided to invest in Cymbet because
<br /> poster child for entrepreneurs. He works and who have the confidence to work in a of its exciting technology and its strong
<br /> . hard. He's a delight to work with. And, start-up setting." management group," says Zwi Vromen, a
<br /> most importantly, he's open-minded and Jacobs also began the hunt for venture spokesperson for the Millennium Materials
<br /> willing to call on the resources he needs to capital. Unfortunately, the new company Fund. The focus of the Millennium
<br /> make his vision become a reality." met stiff resistance from local venture capital Materials Fund, based in Israel,is to invest
<br /> It's this experience that Shiffman believes firms. Jenson even tried networking through in projects which may later feed technology
<br /> •
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