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For Immediate Release   

 

Philosopher's Stone Ventures works with TiE San Diego's Mentor Program

September 5, 2001, Redondo Beach and San Diego, CA - Philosopher's Stone Ventures and TiE Southern California are working together to organize the mentoring program.

TiE Southern California is a non-profit organization promoting entrepreneurship and mentoring to the, but not limited, Indus community. TiE was founded in 1993 and immediately established a corset of values and ground rules to ensure that the organization would be high-minded, self-steering and meritocratic. Membership has now grown to over 600 members with chapters in Boston, Austin and in Los Angeles. It is a volunteer run organization by professionals in the high technology industry and business community with the explicit goal to benefit entrepreneurs.

With the increased competition today, entrepreneurship has become increasingly more critical for survival, even for the larger corporations. TiE has developed the mentoring program to help entrepreneurs succeed through the guidance and support of established professionals.

Philosopher's Stone Ventures is assisting TiE San Diego in putting together, maintaining and matching entrepreneurs with mentors. The mentors have a senior level of expertise and come from the following industries, including, the venture industry, law, business strategy, management, marketing, sales or technology. TiE's goals are to foster and nurture their members towards successful entrepreneurship.

Jenny M. Sakhrani, a member of TiE and also the CFO of Philosopher's Stone Ventures states, "We are honored to be assisting TiE with their mentoring program. As an entrepreneur myself, I can see the tremendous benefits that a mentor can provide to the entrepreneur and their business idea. It will also be an extremely rewarding experience for the mentors themselves. In the end, we all benefit."

Philosopher's Stone Ventures is a high technology incubator with expertise in vertical markets, including wireless technologies, Internet Software Infrastructure, Bio-informatics, Enterprise Software and Financial Services Software. It is parent company to RippleImpact and Razorwire Security. RippleImpact focuses on software development and Razorwire Security specializes in providing computer and network security.


For additional information, contact:
Brenda Harris
Philosopher's Stone Ventures
Telephone: (310) 316-3100
Fax: (310) 316-9500
media@philstone.com
http://www.philstone.com

The Philosopher's Stone is a mythical substance that can transform lead into gold, and produce the Elixir of Life that makes the drinker immortal. Philosopher's Stone Ventures, as a technology incubator, has similar transformative powers: turning the innovative ideas of our entrepreneurs into successful, groundbreaking, money-making businesses.

 


Philosopher's Stone Ventures is a member of the Philosopher's Stone Group of Companies
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