Internet Decisisions


March 2010: Herndon Moderates Panel on Raising Capital at Technology Association of Georgia Meeting

Atlanta, GA (March 16, 2010) - With venture capital investing at its lowest point in more than a decade, the Technology Association of Georgia's Consulting Society took an insider's look at "Investing in Technology's Future" with a panel of local experts.

Moderated by Keith Herndon, president of Atlanta-based Internet Decisions, LLC, the panel explored the outlook for start-up capital and the general technology investment climate in Georgia.

Panel members Steve Tye, Vice President at Croft & Bender; Alan Koenning, Fund Manager of the UPS Strategic Enterprise Fund and Dolan Falconer, President & CEO, ScanTech Holdings, LLC, provided entrepreneurs and the consultants who support them with practical advice about how to operate in a difficult environment for raising funds.

The panelists discussed the topic from the perspective of providing capital as well as the capital-raising entrepreneur. The result was an intimate look into the state of the capital marketplace that provided proven strategies for finding capital. The panelists identified energy and healthcare as the sectors with the best chances of getting technology-based companies funded. Entrepreneurs were told that venture capital remains an option, but were warned that such deals for pre-revenue companies are very rare in the current environment.

About TAG

The Technology Association of Georgia (TAG) is a non-profit organization whose mission is to support its members by generating opportunities for personal, professional and business growth. By forging strategic alliances, TAG serves as a primary catalyst to foster a rich environment for economic development in Georgia's technology community. TAG is made up of 5500 members representing technology leaders from over 1500 Georgia-based companies, affiliated technology and business organizations. For more information on TAG, visit

About TAG Consulting

The TAG Consulting Society strives to: Promote excellence in consulting; Promote the value of technology consulting to Georgia industries and the community at large; Foster open communication, education and mentoring among consultants and the organizations who use them; Provide the leadership that encourages the interaction that leads the way in emerging technologies; Provide opportunities for personal and professional growth; Continually develop a set of "Best Practices" for technology consulting; and Establish a Code of Ethics for consultants. We encourage a broad range of members from independent consultants through the mid market to large consulting organizations. We also welcome clients who depend on consultants for their direction and support. For more information on the TAG Consulting Society, visit