Shader lands partnerships with companies like 7-Eleven and Greyhound and his business takes off.
Now on his fourth startup, Shader is again putting his resilience to the test.
Shader is a serial entrepreneur with a lot of experience in related businesses to tap.
Shader thinks using cash for online purchases also will appeal to those with card balances who are loath to pile on.
Shader spent much of his childhood in California, including Palo Alto, the cradle of Silicon Valley, and graduated high school in Beverly Hills.
MandelMark is ZiiLABS' OpenGL ES 2.0 shader implementation of the Mandelbrot algorithm and is designed to test the computing performance of modern GPUs.
"Our view is that in spite of the fact that we haven't been as convenient to buy, we've gained tremendous ground, " says Chief Executive Danny Shader .
Application certification - support for the broadest spectrum of professional applications, including those utilising OpenGL 4.1, Shader Model 5.0, and Microsoft DirectX 11, plus DirectCompute and OpenCL standards.
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Voith Hydro Wavegen were developing a breakwater project at Shader.
And there are other potential customers for PayNearMe, Shader notes.
Like Accept.com, PayNearMe began as something else--a service offering short-term credit in the social gaming world--until Shader heard whispers that Facebook planned to offer a similar service, forcing him to switch gears.
It'd pack 2, 688 shader units, a 384-bit memory bus and 6GB of RAM, all with one chip -- for reference, the GTX 690 needs two GPUs to offer 3, 072 shader units and has 4GB of RAM.
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Instead of the usual VC tactic of making Shader an offer with a tight deadline, which would cut off his ability to shop his idea to other investors, Hornik tells him he should take all the time he needs.
But Shader believes utility companies will quickly sign on, because with consumers able to pay with cash at 7-11 stores, utilities will save money by not having to operate their own costly locations for customers to make cash payments.
FORBES: PayNearMe Expands Its Cash Payment Network Internationally
In an integration with bill provider InfoSend, people can pay their utility bills using PayNearMe. (About 10% of utility bills are paid in cash or money order, Shader says.) InfoSend will add bar codes on bill statements that people can take to 7-11 stores and use to pay in cash.
FORBES: PayNearMe Expands Its Cash Payment Network Internationally
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