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How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

Way back in the early eighties, I was privileged to be part of the original IBM PC development team, led by Don Estridge. For example, even though we were leading an entrepreneurial effort within IBM, we found it a challenge to deal with the inbred mainframe culture, reverence for process, and accounting practices of a large company.

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Clearlake Capital Buys Syncsort

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group, L.P. Syncsort develops Hadoop and other big data integration software for the mainframe market. said this morning that it has acquired Syncsort Incorporated , a developer of enterprise software based in New Jersey. Financial terms of the acquisition were not announced.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. We went out to market to LPs. Kleiner Perkins partner Ilya Fushman. “We We got a lot of interest.

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An experienced coach has seen your movie before.

Berkonomics

Photo courtesy IBM Business Coaching. Years ago, I co-wrote my first book, profiling just such a person, trading his time and experience in exchange for equity – and managing to become wealthy in the process by picking and aiding great young companies that grew large and. Original 1994 book.

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10 Recommendations For Aspiring New Venture Investors

Startup Professionals Musings

Today most startup investors still register with the SEC as “ accredited ” investors before they buy any startup equity in the U.S. These requirements for equity investing have been relaxed only a bit, with caveats, with relevant crowdfunding changes. The growth target should be 5-10 times your initial investment in five years.

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6 Funding Resources For Ideas Needing More Validation

Startup Professionals Musings

Funding sources for this stage extend from grants to large private fund incubators, such as the IBM Watson initiative a while back. Product development at this stage is the process of scaling up for manufacturing and marketing rollout. Commercial product prototypes. Specialized VCs start to jump in at this stage.

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TriZetto Names New CEO, Moves HQ

socalTECH

Newport Beach The TriZetto Group , a provider of software to the healthcare market, announced today that it has named Trace Devanny as its new CEO and to its board. Devanny was most recently President of Cerner Corporation, and also had served at ADAC Health Care Information Systems and IBM. READ MORE>>.