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The IPO and UroCor
Overview Transcript Case Study Video
Bill Hagstrom turned a concept back by venture capitalist into a company back by NASDAQ and an IPO
By doing an IPO Bill Hagstrom turned a concept into a company whose stock is sold on the NASDAQ.
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Oklahoma City. This episode of the television show first aired in September 1996. We go to Oklahoma City to visit with UroCor. This is a turnaround and IPO story. Bill Hagstrom, the CEO and president of UroCor, was initially brought in by the early-stage investors to get this business off the ground. Though he had been quite successful with a major health care services company, this was all new. UroCor had been a startup that could not deliver.
We learn what it took Bill to get this disease management business into gear. Today UroCor provides a comprehensive range of services for detecting, diagnosing and managing bladder, prostate and other complex urologic conditions
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Learn from those who walk over the coals
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A few Key Ideas from this episode
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1. An excellent technology does not a business make
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2. A key motivation of people who provide venture capital is to find personnel to take a business to the next level.
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3. Leadership: Shared ownership and shared vision based on a solid idea.
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4. Look inside any good idea.
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5. Core comeptencies are a requisite for success.
6. IPOs are carefully regulated by the federal government.
7. No leader can move forward with old experience and old information.
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Other stories involving an IPO Small Business School
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» XTO, an Oil & Gas Company
» Medallion Funding
» IPO references
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The Golden Triangle Small Business School
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» Love-Money-Power in the Family business
» Love: e-Harmony
» Power: About leadership
» Money: About capital

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