You might assume that as your business grows your need for outside capital will go down. This assumption is often WRONG. In this engaging talk, based on a first-hand experience of selling a highly innovative product on Amazon.com which saw sales increase 10x in the first year, you will learn how this quick growth caused a severe cash flow shortage for the company…and how it overcame this challenge. Spoiler alert: It has a happy ending.
A leading authority on technology commercialization, entrepreneurship and innovation, he is a faculty member in the ESTEEM Program at the University of Notre Dame and is the former Director of Undergraduate Entrepreneurship at Michigan State University where he led the program to a Top 25 national ranking in 2 ½ years. He has been the CEO of over a dozen startups ranging from consumer products to software to nanotechnology. Kane is the former co-Executive Director of the Illinois Technology Enterprise Center at Argonne and was EIR at the University of Illinois. Earlier he held engineering, sales and business development positions at IBM and Microsoft. He holds a BS in Mechanical Engineering from the University of Illinois and an MBA from The University of Chicago. Named a 2007 Technology Pioneer by the World Economic Forum, he twice attended their annual meeting in Davos. Recognized for Outstanding Entrepreneurship by the National Science Foundation. Twice an invited witness on tech transfer for the U.S. House of Representative’s Subcommittee on Research & Science Education. Contributor to Forbes.com and co-author of The Innovator’s Secret Formula.