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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. The Emergence of “Open Cloud&# Infrastructure. The biggest change in the software industry beyond open-source was “open cloud.&#. They came from a different perspective.

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

Both Sides of the Table

Our chief architect, Ryan Lissack, wanted to store our data in Amazon’s new (at the time) storage product called S3 that enabled us to store all our data in their facility and we’d pay by the MBs uploaded / downloaded. So we only had to raise $500,000 to get going and again hardware ate just over 10% of the round. Processing.

Startup 343
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Choosing Internet Platforms

SoCal CTO

Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. They also are VERY interesting for background processing tasks that take compute resources or from a storage cloud standpoint. Compared cost there vs. second company that raised $500K and used S3 and other platforms.

Platform 150