Tag: Startups

  • What’s up with George Mulhern?

    What’s up with George Mulhern?

    By Sharon Fisher | July 19, 2022 Cradlepoint had long been on the list of Idaho’s Startups Most Likely to Exit, so it wasn’t a surprise in September 2020 when the company announced it was being acquired by Stockholm, Sweden-based telecommunications company Ericsson for *$1.1 billion, with the deal closing in November. Almost two years later, it seemed like time to check in with CEO George Mulhern and see how it was working out. “It is actually going quite well,” Mulhern said in an email message. “Because they have run us as more of a standalone business, we have been

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  • How Idaho Startups Can Weather The Upcoming Economic Storm

    How Idaho Startups Can Weather The Upcoming Economic Storm

    By Sharon Fisher | June 28, 2022 What goes up must come down. Fortunately, in economics, what goes down can come up again, but only if your startup is still there when it does. That’s the message local and national venture capitalists and other sources of funding are giving to startups who might be about to experience their first financial crisis. The good news is that with problems come opportunity.  “Economic downturns often become huge opportunities for the founders who quickly change their mindset, plan ahead, and make sure their company survives,” wrote YCombinator, a startup incubator, recently in a

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  • Rescription Has Rx For Prescription Drug Pricing

    Rescription Has Rx For Prescription Drug Pricing

    By Sharon Fisher | June 23, 2022 Median drug prices for a year’s supply increased from $2,115 in 2008 to more than $180,000 in 2021, according to a recent study published in the Journal of the American Medical Association. That’s something Scott Martin, founder and CEO of Ketchum-based Rescription Inc., wants to change. “A drug is made,” Martin said. “There’s a distributor. There’s a pharmacy. Employees get a prescription. It goes to insurance. This should not be that complicated. They’ve turned that into an insane system that doesn’t need to be like that.” The creation of Rescription “This is my

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  • Four Boise-based Startups Hope For Funding

    Four Boise-based Startups Hope For Funding

    By Sharon Fisher | June 16, 2022 With a return to in-person events, Trailhead held a live Pitch Night on June 7 in Boise, with four Boise-based startups looking for funding. The event didn’t feature “winners” as such, but enabled the founders to present their companies to a variety of people in the startup ecosystem who could help them develop further. Here are the four founders and what their companies do. Ryan Bokan, Prima Medical Prima Medical is pattern recognition software that helps assist doctors in treating atrial fibrillation (AF), said founder Ryan Bokan in an email message. It was

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  • Capital Eleven is Bullish on Boise

    Capital Eleven is Bullish on Boise

    By Sharon Fisher | April 12, 2022 If you’ve been reading about startups investments in Idaho during the last couple of years, a new name has started popping up a lot. It’s Capital Eleven, a Meridian-based seed stage investment company with a portfolio of more than 30 companies, mostly Boise-based startups. “We’re nontraditional when it comes to venture investment, and we took a nontraditional path to get here,” said Travis Hawkes, managing partner. Where Capital Eleven comes from The company started 13 years ago, when Hawkes and his partner David Gardner, from Idaho Falls, decided to formalize their arrangement they

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