Articles

Venture capital favoring later-stage firms

Getting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.

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Indiana experts discuss technology

Indianapolis Business Journal convened a panel of experts at its Technology Power Breakfast on March 7 to talk about industry issues including entrepreneurs, universities and online marketing.

Panel members included Don Aquilano, managing director, Allos Ventures LLC; Aman Brar, president, Apparatus Inc.; Tim Kopp, chief marketing officer, ExactTarget Inc.; Michael Langellier, CEO, TechPoint; Jenny Vance, president, LeadJen LLC; Brad Wheeler, vice president for IT and chief information officer, dean and professor, Indiana University.

The session was moderated by IBJ reporter Chris O'Malley.

The following is an unedited transcript of the discussion.

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WILSON: Tech firms ramp up already-pitched battle for employees

In the midst of headlines reminding us of the high unemployment that has plagued this country for several years, we have a war for talent in the technology field, with companies in Indiana and elsewhere vying to hire an increasingly smaller pool of qualified applicants.

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Indiana tech startups deemed seeds of promise

There’s the company founded by a college kid, in his dorm room. Another firm was launched by a guru from the shadowy world of cyber security. And the other was founded by tech veterans old enough to remember IBM punch cards. Three Indiana tech companies have surfaced among standouts in the notes of judges for TechPoint’s annual Mira Awards—the Hoosier tech version of the Oscars.

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