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WiSpots CEO Flannery's bloody night

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Kevin Flannery didn't exactly get eaten alive Sunday night, but close.

As Brooke Cain writes on our Happiness is a warm TV blog, the CEO of WiSpots pitched his Cary company to a panel of billionaire investors on ABC's "Shark Tank." The idea is to install wireless gadgets in physicians' offices for patients to use while they wait.

But the investors pointed out that many people already have phones and other devices with wireless Internet access. They also urged him to cut his losses and stop risking his family's future (and his financial well-being) on the venture.

Of course, there might be a bright side: The free publicity from the show could help Flannery find some cash anyway.

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About the blogger

Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.

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