Word: hambrecht
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...says Allen Michels, whose stock was worth $11.5 million when Convergent Technologies went public in 1982. "Politicians come knocking on the door; donations are sought from charities you never heard of; friends you've forgotten about come out of the woodwork; former adversaries become intimates." Observes Financier William Hambrecht, co-founder of Hambrecht & Quist, a San Francisco venture-capital and investment-banking firm: "Most of the guys who have failed are the ones who stopped listening and got carried away with their own ego. All of a sudden they became folk heroes and started to believe their own public...
...William Hambrecht: Green Thumb. Hambrecht feels a great sense of accomplishment when he picks a bunch of ripe, juicy Zinfandel grapes from his 140-acre vineyard in Sonoma County, Calif., or clips a dazzling orchid in his San Francisco greenhouse. "I like to grow things," he says...
...problems, and the company's stock, with a high of $63.25 per share in June, slumped last week to close at $29.38. Nonetheless, industry watchers believe the company will continue to succeed. The Apple IIe, which costs about $ 1,500 less than an IBM PC, is selling briskly. Hambrecht & Quist, the San Francisco venture capital and underwriting firm, estimates Apple's sales will increase 50% next year, to $ 1.5 billion, and profits will climb 45%, to $ 145 million. But those predictions are based on success for the Macintosh and better sales for the Lisa. Apple clearly...
...fewer than 786 electronics firms in the fertile valley at the foot of the Diablo Range. In 1980 they produced $8.7 billion worth of goods. The American Alliance for Innovation now gives two-day seminars on marketing strategies and venture capital for hopeful entrepreneurs. Says William Hambrecht, a San Francisco investment banker whose firm, Hambrecht & Quist, helped launch Apple Computer and Genentech: "Being a successful entrepreneur here is one of the most privileged positions in today's world...
Other groups in addition to INCAR also participated in the demonstration. Larry Hambrecht, a member of the Progressive Labor Party, described Wilson as a "Social Darwinist." "It's in the interest of the ruling class to give a Pulitzer and a Harvard position to Wilson because he says the status quo is because of human nature," he said...