[Bioundgrd] Fwd: Start-ups: Perspectives from MIT Alums

Janice Chang jdchang at MIT.EDU
Tue Oct 14 07:31:33 EDT 2003


One of the panel members below is Alok Srivastava who received his 
Ph.D in Biology in 2000 and was in Prof. Bob Sauer's lab.


>From:
>Frederyk Ngantung
>
>President
>
>MIT Science & Engineering Business Club
>
><http://web.mit.edu/sebc>http://web.mit.edu/sebc
>
>
>
>MIT Science and Engineering Business Club
>
>and
>
>GSC Professional Development Seminar Series
>
>present:
>
>
>
>
>
>Are Startups Right for You?
>
>Perspectives and Experiences from MIT Alums
>
>
>
>Thursday, October 16th
>6:00 - 7:00 pm
>Location: MIT Building E51-315
>Chinese food served after the talk
>
>
>Startups are associated with high risks and potential high rewards. 
>You are thinking about starting your own business or considering 
>joining one after graduation, but ARE STARTUPS RIGHT FOR YOU? Find 
>out about the personal experiences of three MIT alums who joined 
>startups and founded their own.
>
>Panelists:
>Greg Harman - Harman Technologies, Inc.
>Abraham McAllister - Polychromix
>Alok Srivastava - Bioscale, Inc.
>
>About Greg Harman, Chairman of Harman Technologies, Inc.:
>Greg has spent the last year and a half as a technology consultant 
>both as an independent (Harman Technologies, Inc.) and for a local 
>firm, Back Bay Technologies, Inc. In addition, he is currently a 
>partner in a real-estate investment venture and is involved with 
>Cube, a $50K semi-finalist this Spring. Prior to these endeavors, he 
>was a senior engineer and the lead technology evangelist in the 
>Asia/Pacific region for Clickmarks, a Silicon Valley startup 
>providing industry-leading tools for the mobile software and legacy 
>integration spaces. He has been involved with several other software 
>startup companies, such as Peoplestream, Marine Liens, and Two Ring 
>Systems. Greg is an MIT alumnus, having earned a Bachelor's degree 
>in Electrical Engineering, and a Master's Degree from the same 
>department for a joint project with the Sloan School where he 
>developed a combined business and technical analysis of online 
>financial aggregation applications.
>
>About Abraham McAllister and Polychromix:
>Abraham R. McAllister, EECS BS 98 and M.Eng 99, has participated 
>in three startup companies since graduating from MIT: Lightwave 
>Instruments LLC, Umech Technologies LLC (www.umech.com), and 
>Polychromix Inc. (www.polychromix.com). All three companies are 
>active and are based on technologies developed at MIT.  Starting in 
>1998, Abraham co-founded both Lightwave Instruments and Umech 
>Technologies with three other MIT graduates. He co-authored a grant 
>proposal and led the negotiations to obtain a $1.4 million U.S 
>Department of Defense subcontract to provide the seed money for 
>Lightwave. During the same time period he worked with another 
>co-founder to lead the product development and marketing efforts of 
>Umechs MEMS motion analyzer. In 2001 he joined Polychromix Inc., a 
>venture capital funded company developing modular optical subsystems 
>based on an innovative core technology that enables dynamically 
>configurable optical networks.  In the short time since graduation, 
>Abraham has had a broad range of experiences. He has participated in 
>both privately financed and venture funded startup companies and has 
>twice played a key role in taking new technology from concept to a 
>commercially viable product.
>
>About Alok Srivastava and BioScale:
>Alok Srivastava is currently at BioScale Inc., a young startup, 
>developing biosensors using on Micro-Electro-Mechanical Systems and 
>applied in the Life Sciences markets. He was the first technical and 
>business hire during the founding of the team and is currently 
>leading the biochemistry side of the develeopment of the biosensor 
>platform and applications. His responsibilities also include 
>fund-raising, business strategy development and market assessment. 
>Prior to BioScale, Alok was on the business development team at 
>engeneOS, a biotech startup that was applying the principles of 
>biomolecular engineering to development of novel protein based 
>products in Life Science discovery tools and therapeutics. Here too, 
>Alok's responsibilites spanned business and science. He was 
>responsible for assessing novel technologies to add to the engeneOS 
>portfolio and develop suitable business plans and technical 
>development plans leading to product lines in the future. 
>Dr.Srivastava obtained his Ph.D. in Protein Biochemistry from the 
>Biology department at MIT in 2000.
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