Seven companies in 48 hours!
Entrepreneurship is rocking in Dallas this weekend.
One of my son Alexander Muse’s companies, Big in Japan has finally been able to have their very successful application ShopSavvy available on iPhone. Here is the story from Alexander:
Before I get started, here is the download link: http://bit.ly/shopsavvyiphone.
Tonight I attended the Investment Symposium put on by the Texas Emerging Technology Fund. Your state government at work handing out money to start up companies.
As most of you know I was the SR VP and GM of the Land Imaging Systems Division of Input Output Inc. (now Ion Geophysical Inc.) and I am still in contact with many employees and ex employees. The last few weeks I have been receiving calls and emails from a number of ex Ion Geo employees in regard to the rumor that BGP (a company in China that is the worlds largest Seismic contactor), saying that Ion is selling all or most of the LISD to BGP.
The most cost effective way to reduce CO2 emissions right now is switch coal fired power plants to natural gas and build new gas plants while we wait for a new generation of nuclear plants to come online.
According to an editorial in the Aug. 24th
I told this story to Nancy Keene last week and she suggested that I post in on my blog.
I just talked to a friend of mine who heads up a Solar Energy Company. It seam that an unintended consequence of the Stimulus plan has completely derailed the solar energy business. Commercial projects that were underway have now been canceled or put on hold, because the investors or lenders do not feel they can compete with all the government money that has been promised. In the mean time the Stimulus money is nowhere to be found and maybe years away. Mean while he is planning to start layoff.
Without the government
The House just passed the Cap and Tax bill that will dramatically change the economy of our country for decades to come, without anyone reading the bill!
Just 13 years ago I was CEO of KENETECH WindPower Inc. the largest Wind Turbine manufacturing company in the world at the time (now GE Wind Inc.). At the time our largest turbine was around 750KW with a 45 Meter diameter. My engineers told me that was the largest practical size for a turbine. Boy were they wrong the normal size these days is 1 to 1.5 MW and the big boy are running 5 to 8MW.
One thing has not changed worldwide the industry still depending on Government handouts. This causes a cyclical demand as government fail to maintain any consistence in their programs. The industry needs to wean itself from the government nipple.
Last week I attended an excellent program put on by the Directors Round Table.