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I will argue that when the dust settles, although we will have fewer firms, each type well end up more focused on traditional stage segments that cater to the core competencies of that firm. When I built my first company starting in 1999 it cost $2.5 million in infrastructure just to get started and another $2.5 Enter Amazon.
In homage to The Dude’s sentiment, tech startup Akanda Virtual Networking named its open source project The Rug because it “ties together” OpenStack networks by managing orchestration, routing and other key network services. Cloud Architecture – Most cloud projects are now built on OpenStack an open source virtualization platform.
A very interesting topic, especially for those of us involved in developing for start-ups. The basic conclusion was that it was a bit premature if you were talking about a serious, funded start-up. Start-up on top of pen computing - Go Corp - pen point. Pretty much lines up with where I'm at.
With open source software (LAMP stack) and cloudcomputing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. So they set up seed programs that allowed for rapid decisions for $500k or less, often done as convertible debt for both speed and cost reasons.
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