Bernard Goldsmith (commonly known as Barry) reviews his personal background and describes how he entered the computer software business by going to work for RCA. He then started CGA and discusses the problems of financing and building the company in the late 1960s and early 1970s. He goes into various aspects of the professional services business and how customers were obtained and how programmers recruited. CGA successfully entered the products business, but later ran into problems on financial reporting with the SEC. CGA was then taken private and sold in two parts: services to Cap Gemini and products to Computer Associates. Goldsmith then started Updata a company which did a large number of M & A deals over the years. He then began a series of investment funds which he has continued with until the date of the interview.
Updata; Career Builder; Software business history; Goldsmith, Bernard; Rutgers University; RCA; CGA; Ault, Harry; Croxton, John; Professional Services; Initial Public Offering; Robinson, Larry; Blue Cross; PsiTran; Witzel, Bill; Software Products; Geographic Expansion; Recruiting practices; Allen Services; Top Secret; Financial Reporting; General Atlantic; Computer Associates; Cap Gemini