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Over the past month a colleague ( Chang Xu ) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses. As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. What gives?
Close shop to try and control monetization and you can only rely on your own internal innovation machine & capital. At the bottom end of the stack is storage (S3) and processing (EC2). At the top end is the business logic created by startups and established technology companies. Social Networking is Becoming Mobile.
But Friendster’s computer systems couldn’t keep up with the explosive growth (reportedly due to the complexity of the security model set up to control connections, privacy and authenticity of users) so MySpace was hot on the heels and swept up the market in a very rapid ascent. Seems kinda obvious or am I missing somethign?
Many companies would love to be able to get the benefits of cloud--easy configurability, low cost, scaling, and more--but, due to various reasons, can''t take advantage of public cloud services like Amazon. Amazon EC2 would be considered fully managed cloud, which also happens to be off premise. That worked, to some degree.
VentureBeat | News About Tech, Money and Innovation. Venture capital. I assumed that the people of Los Angeles were disingenuous attention whores and didn’t know anything about technology.”. MYTH 3: SoCal lacks Fortune 500 Tech Leadership. Not only does Southern California have leaders in technology, we have innovators.
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