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In the 1980s the boom for start-up high tech companies began to explode, owing mainly to the development of the microprocessor. Though not yet with the ferocity of the Internet bubble around the turn of the millennium, the earlier period was wild enough that companies with little more than a wish and a prayer were able to attract millions in venture financing. Because there were many technologies vying for the same space the majority of these businesses failed. We're on Our Way is the story of one such business, founded in the late 1980s, that through the machinations of its leader took off…mehr
In the 1980s the boom for start-up high tech companies began to explode, owing mainly to the development of the microprocessor. Though not yet with the ferocity of the Internet bubble around the turn of the millennium, the earlier period was wild enough that companies with little more than a wish and a prayer were able to attract millions in venture financing. Because there were many technologies vying for the same space the majority of these businesses failed. We're on Our Way is the story of one such business, founded in the late 1980s, that through the machinations of its leader took off like a bottle rocket only to explode at its height. Mr. Stockdell was one of the principles of Paralex and saw it through all the various steps required to start and bring to fruition that misbegotten venture: writing a business plan, selling the idea of the product, raising $15 million in funding and in the end imploding through folly, greed, betrayal, and dishonesty.
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Autorenporträt
After graduating from the University of Virginia with a Bachelor's degree in English, Mr. Stockdell began a career in systems work, which at the time included manual as well as computerized processes. After three years in Federal government employ, during which time he wrote what was considered to be the best systems report ever created in the Department of Agriculture, he took a job as a Systems Analyst for an internal computer department. For the next twenty-five years he was involved in a variety of jobs in high tech, both in business and engineering/ scientific computing. He was responsible for an integrated Order Entry System, which included Billing, Shipping, Inventory Control, Sales Analysis, and Accounts Receivable, which led to the company becoming first in its industry in order-delivery cycle. He was a Management Consultant for a (then) Big Eight accounting firm and founder of Digital Equipment Corporation's Management Consulting program. In the late 1980s he became Executive Vice President of Paralex, a startup Parallel supercomputer company. This is the origin of this book.
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