Business Services Industry
Irvine, Calif., Grad Student Wins $5 Million for Internet Start-Up.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, March, 2000 by Crabtree, Penni
Mar. 24--Quang X. Pham can now afford to give himself a salary.
The UCI graduate student won $5 million this week in an international business plan contest for university students, besting student teams from 230 schools -- including Harvard, MIT, the London Business School and the University of Tokyo.
The contest, the first of its kind sponsored by Hummer Winblad Venture Partners, a prestigious San Francisco venture capital firm, may one day pick up a prize for the most unlikely moniker: Hummer Winblad's February Madness "Nothin' but the (Inter) Net."
If the name seems weird -- Hummer originally dubbed the contest March Madness until the NCAA sent them a cease-and-desist letter -- the take-home is worth it. Pham receives $5 million in venture...
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