For the last one and half decades, the technological innovations from the European companies have been minimal. The industry was predominated by the Asian and the American companies. The trend is changing with the Europe emerging as the new market. The governments in Europe are challenging their youthful population to invest in the new technology industry. This change has grown the new business starting in Europe.
The market is the most viable with new firms experiencing capital challenges. The Europe companies are cheaper to buy than eBay business for American companies. The investors are targeting the new business to invest in as opposed the original home grown business. German is the centers of technology with new companies emerging from the country expanding behold the original European market. The companies initially targeted the local market, but this is bound to change. The Highland capital management is a Dallas-based firm aiming to invest in the new market. The company is led by president and co-founder Mr. James Dondero.
After graduating from the University of Virginia, James Dondero also referred to like Jim. He embarked on building his career in accounting and finance. He worked in the Protective Life which is GIC subsidiary as the chief finance officer. He also worked for the American Express in the late 80’s where he grew the firm’s assets to over $ 1 billion. Three decades later Jim is a business mogul in Dallas and where he holds top positions in several institutions. He is the president and co-founder of the Highland capital management company based in Dallas. He heads the giant investment firm with other highly qualified professional with total experience exceeding 30 years. Jim is also the president of endpoints bank. He also heads the cornerstone health care center and the CSS medical centers.
Jim began his career as a trainee in the Morgan training institute in 1984. The experience accumulated over the three decades is the center of his success and leadership skills. Jim once worked as a bond trader and portfolio manager in the American express firm in the late 80’s. Becoming such a successful entrepreneur is not a one day journey. It rather an accumulation of experiences gained the hard way. Jim currently heads the NEXpoints bank as the president. He is also the board chair at the cornerstone and CSS medical centers. The father of three kids is an active philanthropic member with community projects and military veterans’ affairs.
The article is recapped from http://www.seattletimes.com/business/technology/venture-capital-turns-its-attention-to-europe/