Information
Home
Calendar
About SCSC
Leadership Opportunities
Sponsorship

Membership
Benefits
Companies
Join the SCSC
Orientation
Renewal
SCSC Member News

Chapter Events
Inland Empire
Los Angeles
Orange County
Valley

SIG Events
eBusiness
CFO Forum
Technology SIG
Software Executive     Roundtable
IMPACT! Sales &
    Marketing

Other Events
BootCamp
Industry Events
Special Events

Annual Events
2003 Software Awards
VentureNet

Business Resources
Preferred Provider Network
Community Partners
SCribe Newsletter

About Us
Contact Us
Board of Directors
Location
Comments/Feedback

 

Congratulations to the D&T Fast 50

By Richard Koffler
CEO, Koffler Ventures

What a great time I had last night as a guest of our Infinity sponsor Deloitte & Touche at their annual Orange County/San Diego Technology Fast 50 event at the La Costa Resort & Spa in Carlsbad! It was certainly well worth the two-hour drive each way: excellent networking, delicious food, a beautiful facility, a first-rate production, and the pride of seeing our Software Council member Micro General Corp. come in third with a growth rate of 7,662%. Yes, that's right: seven thousand six hundred sixty two percent.

The winner, Prometheus Laboratories, clocked in at 11,243%, and 50th-place ResMed closed the ranks with a "puny" 215%.

Other Software Council members in the winners' circle were Autobytel.com (their CFO is on the Software Council's board of directors), Starbase Corporation (winner of the Software Council's Internet Company of the Year award in 2000), and Access360 (acquired last month by IBM).

The winner of the Los Angeles Technology Fast 50 was j2 Global Communications at 4,754%, so I guess that we have some catching up to do north of the Orange Curtain.

About half of this year's winners are in information technology; the other half in computer hardware, semiconductors and life sciences (biomedical devices, bioengineering, etc.). Sixty percent of both Fast 50 groups will finance their growth the old-fashioned way: through
internal cash flow. Private investors come in a distant second in Los Angeles at 13%; in Orange County and San Diego private investors are not even on the chart. In my book, these are true testaments to entrepreneurship.

Deloitte & Touche has been picking the fastest-growing 50 technology companies in Orange County and San Diego for the past five years, and in Los Angeles for the past eight. You can find the Fast 50 eligibility criteria, lists of winners nationwide, and other details at
www.fast50.com.