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This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed startup. I paid up for the diploma but can’t say that I saw better results. So back to MBAs.
This is part of my ongoing posts on Startup Advice. There are people who tell startups that they should hire the most senior people that they can find. Bringing in a senior person who’s “done it all before&# is often a mistake in a startup. So what if you’re already a mid-stage startup.
Most technology startups seem to be funded by product people or business people. My first startup was no different. They are the lifeblood of many companies yet they are different than the traditional technology startup DNA so the ways that you hire, motivate, compensate and assess performance of these individuals will be different.
This is part of my startup advice series. It’s still important advice for startup founders and something that I’m passionate about. Tools like Identified.com haven’t existed for me to do this in an automated way as they are starting to emerge. Yes, if you were a startup CEO I would probably cut you some slack.
Manhattan Beach-based MaestroDev , a firm developing Java build, test, and release tools for the software development community, has uncloaked at the JavaOne conference, exposing the latest firm started by GlueCode founder Winston Damarillo. He's currently heading up Morphlabs , which shares the same address as MaestroDev.
The White House is announcing a new effort today to spur high tech innovation and growth, called the Startup America Partnership. The new effort will be chaired by AOl's Steve Case, with funding from the Ewing Marion Kauffman Foundation, the Case Foundation, Intel Capital, and IBM.
This is a theme that comes up in one the most influential business books for me of the past decade, The Black Swan by Nassim Taleb where he talks about the role that luck plays in business success. If you’re a tech startup person I know you know what I mean. I started blogging 2 years ago. I did that? Back to zero.
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.
I would love to see Tara follow up with blog posts on: why she believes this is the case & what we can do about it. She bought our first computer – an IBM XT with a 10MB hard drive – in order to do her books electronically. We need to start encouraging it in our youth. ” [it's short, you should read it].
" I realized that I've never captured topics that I've covered (I'm always willing to look at other topics), nor have I put up my speaker bio. So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-time CTO for more than 30 startups. Tony has a Ph.D. He is a frequent speaker at trade and industry events.
There''s a gap between the robust, growing technology startups in Los Angeles and the many students graduating from local universities, according to Steven Dietz , who is a venture capitalist at LA''s Upfront Ventures. We caught up with Steve earlier this week to learn more about the program. What''s the idea behind the program?
You can’t show up with your monotone voice and have a deeply intellectual discussion like you might over brandy and cigars. It spices things up and makes for great entertainment. My recommendation is if possible ask for the business cards before you start speaking. Follow up ! You’re on stage! I prefer 4.
Saturday, June 12, 2010 -- Entrepreneurial Opportunities in Software: Start-ups in the Cloud Challenges and Opportunities. The global cloud computing market is expected to grow at a compounded annual rate of 28 percent from $47 billion in 2008 to $126 billion by 2012, according to IBM based on various market estimates.
Google raised the curtain with a splashy announcement that they’d be setting up their fifth cloud region in the U.S. Tech firms like IBM have been pitching the advantages of cloud computing for Hollywood since 2010, but it’s only recently that companies have begun courting the entertainment industry in earnest.
In fact, there are a host of reasons why a non-focused startup business is more likely to struggle for survival, lose market and investor attention, and miss out on the opportunity to capitalize on their scope: Time to market is tied to the size of your offering. No startup can implement a broad strategy quickly enough to stay ahead.
Successful startups seem to follow similar paths to greatness, and unfortunately all too often that path leads them back down the hill much faster than they went up. Thus it behooves every entrepreneur to start watching these things more carefully from the very start. Geographic expansion.
Another partnering model example is the IBM Watson Group $1 billion investment to share cloud-based development and super-computing tools. A partnership was announced with the City of New York, to connect and grow NYC's startup ecosystem. If a plan doesn’t work, the key is to fail fast, create a new plan, but don’t give up.
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.
I know that dates me a good bit, but it also shows that I have been hanging around startups for a long time. The honest truth is that I worked directly with him in the early days of Microsoft from my “safe” perch in big IBM, during the startup of the IBM PC. IBM learned a lot from Microsoft on this one.
Irvine-based Bitvore , a startup developing big data and intelligence-gathering software which pulls information from both public and private data sources for businesses, said this morning that it has closed a $4.5M, Series A funding round. The funding was led by serial entreprenur Yuri Pikover, as well as $1M from crowdfunding. READ MORE>>.
Jeff Curie: I''ve been a startup guy here in Orange County for a long time. I was hired to head up strategy, marketing development, and product management. We grew that up, and did very well, and eventually sold it to IBM. We grew that up, and did very well, and eventually sold it to IBM.
Morphlabs is the latest startup of Winston Damarillo, who was the founder of GlueCode, which he sold to IBM. In addition to the release, the firm also said it has partnered with Zend Technologies, to integrate the software as part of mCloud Enterprise. Financial details of that deal were not disclosed. READ MORE>>.
Most technology startups seem to be funded by product people or business people. My first startup was no different. I’ve started writing up some of those sales & marketing lessons and I plan to continue to build that section out over time. Startups are the art of the possible.
Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. This is not a new model, and it makes no sense,” says Narasin. ” .
When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. I was with IBM in the early PC days when Bill worked with us to provide PC DOS and other software. They expect prompt formal follow-up to questions. Here are a few: Business networking.
Stuart Frost is head of Frost Venture Partners (www.frostvp.com), and the founder of DatAllegro, which he started in Orange County and eventually sold to Microsoft for $275M in 2008. I decided to become a parallel entrepreneur, and started a whole series of companies in big data. Second, we only incubate companies we ourselves start.
Every startup founder knows implicitly that startup success is a long hard road. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet.
We spoke with CEO and founder Matthias Kurwig on the idea behind the startup, and how he's applying his experience as COO of Neo@Ogilvy to his new Santa Monica startup. Matthias Kurwig: I started this with my founding partner, Don Epperson. How did you end up in Santa Monica? What is Enervee? Where did the idea come from?
I’m inspired by the enthusiasm of the young, emerging startup ecosystem that is here. As I gear up to give a keynote at the annual Seattle 2.0 awards dinner on Thursday night I started reflected on what it would take to “change the trajectory&# for Seattle or for any regional market, really.
The CEO of Expertcity (creator of GoToMyPC and GoToMeeting, acquired by Citrix) was born in Germany and grew up in South Africa. Although his English was impeccable, he was occasionally tripped up by colloquialisms. Startups must economically counteract the pervasive drone of large incumbents'' messaging.
FatCloud , a new startup developing a.NET-focused, platform-as-a-service (PaaS) development platform, said today that it has launched it services, helping developers to deliver their.NET applications. The new company is headed by Ian Miller, and is backed by startup incubator Elevator Labs. PolyServe and Hewlett-Packard.
Based on my experience as a business advisor, I’m convinced that most startup investors invest in the entrepreneur, as much as a solution or product. Of course, this passion must be backed up by documented evidence and logical arguments, not just loud talking and arm waving. Dominate or create the market category you seek.
Every startup founder knows implicitly that startup success is a long hard road. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet.
Irvine-based Bitvore , the big data, artificial intelligence, and data analytics startup, has upped its latest funding round to $14.2M, as part of what appears to be an ongoing $17.75M funding effort. The company's CEO, Jeff Drake, was a founder at Access360 (acquired by IBM), and also served at IBM, Akana, and ServiceMesh.
Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. I couldn’t believe there wasn’t a software for compliance and risk,” Lee said.
Another new partnering model is the IBM Watson Group $1 billion investment to share cloud-based development and super-computing tools. A partnership was announced last year with the City of New York, to connect and grow NYC's startup ecosystem. If a plan doesn’t work, the key is to fail fast, create a new plan, but don’t give up.
Every new venture that survives the first five years starts to drift away from their entrepreneurial thinking, and assumes they have achieved the path to longevity. No company can afford to lose the agility, flexibility, and innovation of a startup. No company can afford to lose the agility, flexibility, and innovation of a startup.
One of the great joys of doing the web series This Week in VC every week is that I get to spend time with great people debating the issues of our day including how our industry is evolving as well as insights into how companies got started, got their initial traction and dealt with adversities. We then spoke about startups.
Another partnering model example is the IBM Watson Group $1 billion investment to share cloud-based development and super-computing tools. A partnership was announced a while back with the City of New York, to connect and grow NYC's startup ecosystem. Find partners who can do what you cannot do alone.
For example, you may think that disruptive smartphones were an overnight sensation, but in reality, it took huge investments by several different companies starting in 1992, including IBM, Apple, and Google, before the market really took off in 2007. Innovation doesn’t even require technology.
In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success. Once you have a proven business model, you need to scale the business up quickly to stay ahead of competitors. Every startup needs a sustainable competitive advantage. If you want to be feared.
El Segundo-based Morphlabs , the latest startup of Winston Damarillo, is announcing today that it has raised $5.5M Damarillo is best known for founding Gluecode, which he sold to IBM in 2005, and has since been startingup firms whose basis is open source software. in a Series B financing round.
San Diego-based Pathway Genomics has scored an investment from Google , the two said Wednesday, as part of an investment out of IBM''s Watson Group. IBM said the investment comes out of its $100 million fund for Watson-related startups. IBM said the investment comes out of its $100 million fund for Watson-related startups.
For those of you who want to get in on the ground floor of a new venture, but haven’t yet worked up the nerve to start your own, begin with a job at a startup. Working for a startup is not a career choice, but more of a lifestyle. Start networking. Start here for a list of VC organizations.
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