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How This Startup Kicked Oracle’s A$$

InfoChachkie

How did a small, open source software company from Finland capture billions in market share from Oracle? Marten Mickos, CEO of Eucalyptus Systems , knows the answer and he delights in telling the story of how MySQL ate Oracle's lunch and dinner. They all invested. We took an investment of 2M Euros. We spent 1.6M

Oracle 229
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Why Early-Stage VCs Should Be Careful About Intros from Bankers

Both Sides of the Table

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? I’m not saying that lawyers were my screening process – simply that they knew about deals early on and they had voted with their time and pocketbooks so I knew I had a degree of filtering. What stage?

Startup 361
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One of the Biggest Mistakes Enterprise Startups Make

Both Sides of the Table

The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise software startups that hiring sales or implementation people was a bad thing. As much as many non-experienced investors might like to believe, even great products don’t just roll themselves out.

Startup 403
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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? I’m not saying that lawyers were my screening process – simply that they knew about deals early on and they had voted with their time and pocketbooks so I knew I had a degree of filtering. What stage?

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

I will argue that LPs who invest in VC funds will also need to adjust a bit as well. We had to buy Oracle database licenses, UNIX servers, a Sun Solaris operating system, web servers, load balancers, EMC storage, disk mirrors for redundancy and had to commit to a year-long hosting agreement at places such as Exodus.

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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

Think of it kind of like running a national chain of restaurants and occasionally stopping in to wait tables to have a more intuitive sense for your processes, work conditions and the quality of your products. You’re also learning directly about the skills of your sales staff by observing them in action.

Startup 308
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Is Going for Rapid Growth Always Good? Aren’t Startups So Much More?

Both Sides of the Table

He also talks about the rate of growth and the need to pick targets, measure and question assumptions when you aren’t achieving your objectives. I talked about some of that here. He talks about making things that people want & going after a big enough market. .” But I do wonder about a couple of things: 1.

Startup 390