Word: alvelda
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Dates: during 2007-2007
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...radio on a Treo, mobile phone or PC knows that MobiTV has been making waves. Just after its co-founders conceived the start-up's objective seven years ago--to solve the problem of large-scale, global data transmission on mobile devices--a eucalyptus branch fell outside Phillip Alvelda's Oakland Hills home, where the three sat brainstorming. The tree smashed his hot tub. Alvelda, a physicist, can probably explain the energy wave given off. But he could not necessarily say what triggered him and Paul Scanlan and Jeff Annison to agree that day to combine their expertise in technology...
...Alvelda, 42, says talent flocks to the company, where the average age is 34, lured by the prospect of working the leading edge--and a big payday when the company goes public or gets bought out. Employee numbers, known by everyone, are status symbols to show who got in early. Alvelda is No. 1. And as he searches for new "superstars" to add to his team, MobiTV surges ahead of revenue projections and subscriber count, chasing the world's 2.2 billion mobile users--starting with the 221 million wireless users in the U.S., where 2.3% (5.1 million) subscribe to mobile...