Anchor ads are not supported on this page.

4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Venture Capitalist David Cremin

Venture capitalist David Cremin, 44, is co-owner of the two-year-old Santa Barbara--based firm DFJ Frontier Fund, which has invested around $25 million in several emerging companies. Among them is Poway's OnTech Delaware, Inc., which makes self-heating food containers, soon to hit the market. "It's going to make the microwave obsolete," says Cremin.

In 1989 Cremin played keyboards for the pseudo-metal band Baton Rouge, who hit the charts with "Walks Like a Woman." The onetime engineering student at University of Connecticut, Stamford, was dumped by the band in 1990. He promptly formed a digital music company, Vis-a-Vis Entertainment, which he sold in 1998 to BMG Music Publishing, providing him with capital. Cremin founded the investment fund with two other partners. Together they raised $25 million in cash commitments from wealthy individuals and institutions, including the California Public Employees' Retirement System. DFJ Frontier has done well, reviewing around 1000 pitches a year and funding around a half dozen, allotting $300,000 to $500,000 per investment.

Sponsored
Sponsored

The food canisters produced by OnTech use an inner container filled with calcium oxide to heat edibles upon activation. They will be introduced to the market at Kroger Co. stores in January. According to the DFJ website, a Fortune article this month (12/13) writes, "The best recent packaging innovation is the self-heating plastic containers that encase Wolfgang Puck's new coffee drinks. At the press of a button, calcium oxide and water in a self-contained core react to heat the coffee to 145 degrees in six to eight minutes. The drink stays hot for half an hour."

Cremin says his new endeavors provide more security than rock and roll. "A lot of people can write songs and record them, but how can you tell who's going to sell?" he asks. "However, no one else can make self-heating food packaging that really works.... [OnTech] will turn a profit from the first quarter."

The latest copy of the Reader

Please enjoy this clickable Reader flipbook. Linked text and ads are flash-highlighted in blue for your convenience. To enhance your viewing, please open full screen mode by clicking the icon on the far right of the black flipbook toolbar.

Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Codename Stasis found its format at SDSU

Local zine tells a magical local story

Venture capitalist David Cremin, 44, is co-owner of the two-year-old Santa Barbara--based firm DFJ Frontier Fund, which has invested around $25 million in several emerging companies. Among them is Poway's OnTech Delaware, Inc., which makes self-heating food containers, soon to hit the market. "It's going to make the microwave obsolete," says Cremin.

In 1989 Cremin played keyboards for the pseudo-metal band Baton Rouge, who hit the charts with "Walks Like a Woman." The onetime engineering student at University of Connecticut, Stamford, was dumped by the band in 1990. He promptly formed a digital music company, Vis-a-Vis Entertainment, which he sold in 1998 to BMG Music Publishing, providing him with capital. Cremin founded the investment fund with two other partners. Together they raised $25 million in cash commitments from wealthy individuals and institutions, including the California Public Employees' Retirement System. DFJ Frontier has done well, reviewing around 1000 pitches a year and funding around a half dozen, allotting $300,000 to $500,000 per investment.

Sponsored
Sponsored

The food canisters produced by OnTech use an inner container filled with calcium oxide to heat edibles upon activation. They will be introduced to the market at Kroger Co. stores in January. According to the DFJ website, a Fortune article this month (12/13) writes, "The best recent packaging innovation is the self-heating plastic containers that encase Wolfgang Puck's new coffee drinks. At the press of a button, calcium oxide and water in a self-contained core react to heat the coffee to 145 degrees in six to eight minutes. The drink stays hot for half an hour."

Cremin says his new endeavors provide more security than rock and roll. "A lot of people can write songs and record them, but how can you tell who's going to sell?" he asks. "However, no one else can make self-heating food packaging that really works.... [OnTech] will turn a profit from the first quarter."

Comments
Sponsored

The latest copy of the Reader

Please enjoy this clickable Reader flipbook. Linked text and ads are flash-highlighted in blue for your convenience. To enhance your viewing, please open full screen mode by clicking the icon on the far right of the black flipbook toolbar.

Here's something you might be interested in.
Submit a free classified
or view all
Previous article

JamPinoy: one cafeteria line, two cultures

Pick your island cuisine in Vista's new Jamaican-slash-Filipino eatery
Next Article

San Marcos Harvest Fest, The Distinct Modernism of San Diego

Events October 13-October 16, 2024
Comments
Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox Movies@Home — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close

Anchor ads are not supported on this page.

This Week’s Reader This Week’s Reader