Hotel Tango hand sanitizer can now be found in Navy shipbuilding yards in Wisconsin, shoe retailers around the country, shipping companies that handle packages as an integral part of their business, as well as military ships and bases around the world.
In venture capital, we like to talk about 90-day sprints. Build a set of objectives, and tactics, that will get a company to a better place in 90 days.
The future looks promising for a company born out of research by Dr. R. Mark Payne, a faculty member at the Indiana University School of Medicine.
The recent lawsuits against manufacturers of opioids (including Purdue Pharma, Johnson & Johnson, Mallinckrodt and others) bear a striking similarity to lawsuits against the tobacco companies a few years ago.
Even if the companies are found to be the proximate cause of the harm, they will argue that the damage was not “reasonably foreseeable.”
U.S. companies operating in foreign lands are still bound by U.S. laws, and U.S. laws can create a significant competitive disadvantage in certain circumstances.
Venture capital focuses generally on companies that are either pre-revenue (a company pursuing an idea, concept, product, service, etc., but not yet generating any significant revenue), or not generating enough cash flow to pay most, if not all, expenses.