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RF Nano's Founders Took Risk on Startup, Get $8M Vote of Confidence

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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