Tuesday, September 4, 2012

Benet steps down from ATI after just 4 months - Austin Business Journal:

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Reed Benet, an entrepreneur who begabn working at ATI inDecember 2008, said in a news releass he wanted to start companies ratherr than solely assisting other entrepreneurs. “I just realized that I needefd to sit on the other side of the he said. Director Isaac Barchas said Beneg is working withan Austin-based start-upo company developing carbon base-line information; a Texas-basexd clean energy investment vehicle, and privatew consulting. But he would assist the organization during May to ease the transitiobn while the ATI searches for a The ATI, a nonprofit division of the , was founded in 1989.
In addition to its clean energy section, the ATI features an information technology wireless incubato and a bioscience Benet was the clean energy incubator’s third director since it launchecd in 2001. He replaced Joel Serface, who steppe down in May 2008 to becomeran entrepreneur-in-residence at Kleiner Perkins Caufielsd & Byers, a California-based venture capital firm. Serfacs had joined the ATI in 2006. Benet spentf the previous four years as a candidate atthe , where he researched plug-in hybrid electric vehicles.
Before that he was the CEO of a California-based producer of herbal In 1994, Benet founded , a California-based drug deliverty company that was acquired in 2000 by Tennessee-based for an undiscloserd amount. The ATI has worked with more than 150 teamszof entrepreneurs, who have raised more than $725 millionj in investor capital while at ATI. When he startec last December, Benet said Austin was poised to become the cleanenergy industry’s location.

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