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June 9, 2008


Congrats to our friend Jack Hollerbach, CEO of sponsor HarVest Bank of Maryland, who tells us they've just acquired their fourth branch, in Frederick, Md. And because he's just won the Maryland Association of CPAs' 2008 Public Service Award!


Just in case the disappearance of AOL headquarters is making you feel Washington is losing its place in the Internet universe, here's a consolation we learned today: Google CEO Eric Schmidt, who spoke at lunch today at the downtown Ritz, tells us he was born at GW Hospital, grew up in Falls Church, went to Yorktown High in Arlington, and worked a summer at a long gone local place called Dialcom. We hereby claim him as a local.


Eric, right, must be the Obama of Tech, because the crowd of 600 that turned out for the Economic Club of Washington event was the largest in its long history. After Eric pointed out there are 1.4B Internet users but 3.3B mobile phones, we began to sense Google's real direction. Above, Eric is either advising Washington Post CEO Bo Jones how to go digital quicker, or rubbing it in that even St. Albans' grads don't make $6 billion in six years on a job.


Also on hand to pay respects:  Revolution chairman and CEO Steve Case, Exclusive Resorts chairman and Revolution president Donn Davis, and Carlyle Group founding venture partner Ed Mathias. Donn tells us Revolution is now the largest shareholder in Zip Car (that merged with Flex Car last fall) and has a fleet of 5,000 vehicles in 20 cities and on 100 college campuses, targeting to end this year with a quarter million members.


More Google Groupies: Women's Consumer Network founder Melissa Moss, former AOL head of International Jack Davies, former FCC Chair Michael Powell, Ralls Collection's Marsha Ralls, and Core Capital's Jonathan Silver.    



Wes Cruver brings 15 years of work experience to his new business, KZO Innovations, an amazing feat considering he turns 26 next month. "I was really into technology, and my Mom pushed me to put it to good use," he says. So at age 11, Wes co-founded Kidz Online, a non-profit that produced web-based educational videos for kids. Now Wes is taking the skills he learned at Kidz Online to KZO, a Herndon company pushing the envelope of streaming video technology. He and his staff of seven are creating "software-as-a-service" video technology that allows users to tag sections of streaming video and leave comments for other users, among other innovations. (Software as a service is the hot pricing model in which customers pay for access to software as they go, with no downloads. But then you knew that.)


The setup also allows for synchronous collaboration, which in English means users can talk about the video in real time from different computers. Cisco uses KZO technology on training videos and Mary Washington University applies it to lectures. "Users can tag certain segments, so a biology student could find specific information in a three-hour lecture video."Seems like Wes has plenty to be happy about, but when he's not at the office (working with purple computers), he loves to play the blues. And how--he plays the piano and owns six guitars



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