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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

We had to buy Oracle database licenses, UNIX servers, a Sun Solaris operating system, web servers, load balancers, EMC storage, disk mirrors for redundancy and had to commit to a year-long hosting agreement at places such as Exodus. Linux (instead of UNIX), Apache (web server software), MySQL (instead of Oracle) and PHP.

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INNOVATION - A Scientist's Perspective

AeA Los Angeles Council

My colleague at National Defense University, Dr. Tim Coffey, head of the Naval Research Laboratory for many years, called these two parts of discovery the "prospecting" and "mining" phases in a 2005 paper ( [link] ), where prospecting is largely the responsibility of the government and mining that of industry. Army, for example.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

We put all of this infrastructure in an Exodus web hosting facility and had to pay for rack space, bandwidth and some management services if a disk failed, for example. When I started my second company in 2005 we decided to do everything differently. We raised $16.5 million in our A round. Hardware ate just over 10% of the round.

Startup 343