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Harris & Harris Group Inc

 
Hoover's Profile: Harris & Harris Group, Inc.
(NASDAQ (GM):TINY)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Harris & Harris Group, Inc.
111 W. 57th St., Ste. 1100
New York, NY 10019
NY Tel. 212-582-0900
Fax 212-582-9563

Type: Public
On the web: http://www.tinytechvc.com
Employees: 11
Employee growth: (15.4%)

Harris & Harris Group likes to think small. The business development company (BDC) invests mostly in startup firms developing so-called "tiny technology" -- microsystems, microelectromechanical systems, and nanotechnology. The company identifies small, thinly capitalized firms lacking operating history or experienced management. An active investor, it provides assistance such as strategic development and executive recruiting to its portfolio companies. Harris & Harris holds stakes in some 30 firms. It has made about 80 venture capital investments since it was founded, including investment in Molecular Imprints, NanoOpto, and Nanosys.

Key numbers for fiscal year ending December, 2008:
Sales: ($36.5)M
Net income: ($49.2)M

Officers:
Chairman and CEO: Douglas W. Jamison
President, COO, and CFO: Venture Capital

Competitors:
Accel Partners
Draper Fisher Jurvetson
Norwest Venture Partners

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