In the Abound losers club: CSU
We can count CSU among the losers. The technology that the company was trying to commercialize came out of CSU.
CSU spokesman Mike Hooker says the university lost $55,000 in Abound's bankruptcy.
The loss, which CSU does not expect it will recoup in bankruptcy proceedings, does not include additional spending by the university on items such as personnel, travel and materials.
CSU also had around a 1 percent equity stake in the company, which would have meant money in its pocket had the company gone public.
"It's anybody's guess what that could have yielded," said Todd Headley, president of CSU Ventures, the university's technology-transfer arm.
An 'American of the Year'
Gov. John Hickenlooper has been named one of Esquire magazine's "Americans of the Year."
The magazine's December issue, in an article headlined "John Hickenlooper's Long, Hot Summer," explained its selection this way:
"A drought destroyed $100 million of revenue. Wildfires incinerated 238,000
More breaking news...
To land job in IT, quality of contacts tops quantity
Rocky Mountain Tracking will ship 10 GPS
Halo Report: Angel cash now on the upswing
The quality of contacts has a
Colorado and other states in the region gained just a wee bit of ground in the number of deals they saw last year, according to the 2012 Halo Report