Remove 2005 Remove Cloud Computing Remove Social Network Remove Web
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It’s Morning in Venture Capital

Both Sides of the Table

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. Thank you, Aaron Sorkin! Today we’re online 3.1

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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.

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