Cybersam's Blog - 50k Entry

Thursday, February 24, 2005

50k Entry

I have been very quiet on cyber blogspace the last 3 days. It’s not that I have nothing to contribute to my blog, but I was simply overwhelmed by a business proposal that I need to compose for the 50k competition that was due earlier today. 2 days ago, I was contacted by a semiconductor research scientist at MIT whom I met at last week's 50k smoozing session about his interest in entering the 50k with me. I wasreally planning to enter the 50k competition next year when I would be better prepared for the competition after completing a few essential management classes. But the scientist's idea was simply too good to pass up. Our idea for the competition is to create a business venture to commercialize semiconductor material that is based on his research. After all these years working in the wafer fab as a software engineer, I actually learned more about semiconductor in the past 2 days while writing the executivesummary for the 50k entry than I ever did in my entire career at Analog Devices. You are generally more motivated to learn new things in graduate school while you tend to work on a need-to-know basis unless it's a task that you are directly responsible for.

I was glad that our team had managed to submit our entry successfully by the deadline. I'll cross my fingers and hope that our business proposal will go make it to the finals, which should make the 50k experience much more interesting. Regardless, this is a great educational venture for me whether we win or not.

2/24/2005 3:05:41 PM (Eastern Standard Time, UTC-05:00) Comments [15] Entrepreneurship
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2/27/2005 9:26:27 PM (Eastern Standard Time, UTC-05:00)

Good luck with the $50K competition! I'm crossing my fingers for you and your team! When will you know if you've advanced to the next stage?

Yoav Shapira

2/27/2005 10:00:00 PM (Eastern Standard Time, UTC-05:00)

I should know if the team make it to the finals in 2 weeks.

Cybersam

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