Startup Grind San Antonio Features Bob Metcalfe

imgres-2Bob Metcalfe is the Professor of Innovation, Murchison Fellow of Free Enterprise at the University of Texas at Austin.
He has taught an undergraduate course on entrepreneurship called Longhorn Startup for the past two years along with Joshua Baer and Entrepreneur in Residence Ben Dyer.
Metcalfe was also inducted into the Internet Hall of Fame this past summer for inventing Ethernet, a local area networking technology that lets computers communicate with one another. Metcalfe also co-founded 3Com and served as a publisher and pundit at InfoWorld. He worked as a full time venture capitalist for a decade as a partner at Polaris Ventures. He has also climbed Mt. Kilimanjaro. His wife runs ultra marathons. His children both just qualified to run the Boston Marathon, which they have run previously. And Metcalfe completed his first triathlon last year.
In this interview, Metcalfe recounts how he tried to license ARCnet, a local area network protocol similar to Ethernet, from San Antonio-based Datapoint, one of the first local area networking computer companies. Datapoint wouldn’t license ARCnet.
For 10 years, everyone told Metcalfe that the IBM Token Ring, a local area network protocol that also competed with Ethernet, would become the standard. He persevered and continued to promote Ethernet, which did ultimately become the standard.
Metcalfe started 3Com with $27,000 from a real estate settlement. He even lent $3,000 to one of his partners so he could invest it in the company and then take a salary and pay Metcalfe back $300 a month for 10 months.

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