Hawaiʻi's Technology Community

How has the State's moves on ACT 221/ SB199 already affected your company?

A small group of folks were invited by the Governor's office to discuss the potential veto of SB199. I would be very interested in knowing if any tech companies have already been negatively or positively affected by the potential passing of this bill.

For example, were you looking for funding but SB199's threat has killed your chances due to uncertainty?

Or is there a positive story you would like to share?

I don't want a pro/con debate on SB199 here. I would like real stories from real companies that have been positively or negatively affected by the moves of our lawmakers to radically change the terms of Act221/215.

Sorry for last minute. We just got notified yesterday. Your stories will be of great help. Either way

Comment

You need to be a member of TechHui to add comments!

Join TechHui

Comment by Daniel Leuck on July 8, 2009 at 7:01pm: I've already shared this with the governor, but its essentially frozen all tech investment in Hawaii for the past six months. We had numerous serious discussions with local investors interested in Ooi going back to January. They are all frozen because no one wants to invest when they don't know their risk profile. We also have matching funds from outside the state held up by the uncertainty (initially the bill passing and now the potential veto, next... the potential override.) The uncertainty is worse than never having had the bill because once you've presented it to someone as part of a deal its very hard to take away. CA and NY investors have commented that Hawaii seems schizophrenic.

‹ Previous
1
2
3
4
Next ›

RSS

Welcome to
TechHui

Sign Up
or Sign In

Or sign in with:

How has the State's moves on ACT 221/ SB199 already affected your company?

You need to be a member of TechHui to add comments!

Sponsors