The Entrepreneurship Hatchery  ☰ 

Speaker Series: Farhad Shafai

Farhad Shafai is the founder of two technology companies. One was a venture capital-funded company that eventually shut down despite developing superior technology and capturing a global customer base. The other was a bootstrapped company that was acquired because of developing superior technology and capturing a global customer base. Clearly having superior technology and a global customer base is not enough. Concentrated focus is required to translate that technological advantage and customer base into a money making enterprise.
This presentation discusses Farhad’s experiences in founding SiberCore Technologies in 1998, and Sarance Technologies in 2004. The life cycle of both companies are presented from their inception to their completion, along with the existing market conditions and the decisions made by the two companies that led to the eventual outcome of each company.

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Speaker Series: Farhad Shafai