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RF Nano's Founders Took Risk on Startup, Get $8M Vote of Confidence
- Article from:
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Orange County Business Journal
- Article date:
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August 25, 2008
- Author:
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Copyright informationCopyright CBJ, L. P. Aug 25-Aug 31, 2008. Provided by ProQuest LLC. (Hide copyright information)
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TECHNOLOGY: Money set to go for making samples of cell-phone chips
RF Nano Corp. Chief Executive Steffen McKernan says he wasn't always a risk taker.
McKeman, who was born in Sweden and raised in Orange County and Norway, sat soundly in the world of academia for most of his life. He has a collection of advanced degrees from the University of California, Berkeley, and Princeton University.
That led him to a career in business consulting. McKernan left that to take a chance on an obscure, unproven chip technology that might change the way consumers use the Internet on their cell phones.
"I had a really lucrative job before," he said. "I took no pay for a year and then I took a 70% pay cut. ...
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