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How the Dotcloud Affects the Need for Startup Funding When you decide to launch a startup company, business advisors, counselors, bankers and armchair know-it-alls will tell you that the first thing you need to do is get funding. While there is some validity to that boilerplate piece of wisdom, the availability of and need for startup funding has gone through a dramatic transformation over the past decade, and the next few years will see even more of a shift. A perfect storm of events is causing this seismic shift. On the macroeconomic side this storm includes the still-persistent repercussions of the Great Recession, historically low interest rates, and uncertainty about global commerce and trade. On the technology side, still more realities add to the perfect storm, including the increasing popularity of as-a-service options, which make it easier for startups to l... (more)

How Cloud Startups Have Reinvented Business Development | @CloudExpo #API #Cloud

How Cloud Startups Have Reinvented Business Development with Piggyback Marketing A growing number of BDMs (business development) today have a technology or product marketing background. Their role - increase product reach through piggyback marketing. The job description of BDM is pretty straight-forward - find new opportunities for your business. They play an important role in the direction a company takes. This includes identifying new markets to venture into, new partnerships to build, identifying new products or services that the company could launch and finally figuring out new ways to reach existing markets. Traditionally, BDMs have always come from a sales background. Both these job roles require people to network with new partners and stakeholders and arrive at possible areas of partnership. In the case of cloud startups however, the role of BDM has been tak... (more)

Damn You Google, Damn You Yahoo! Why D'Ya Do This to Us?

A strange dynamic has taken hold on the internet.  Just as people expect sunshine and air to be free, they also expect internet based software applications to be free.  Ok, maybe not completely free… they agree someone should pay, just not them.  Damn you Google, damn you Yahoo! why did you do this to us? With companies left and right offering full versions of their products for free,  users have been conditioned NOT to pay for anything.  This conditioning can be seen across everything from social media sites to messaging to business applications.  The problem with this as I see it is the negative impact on innovation. Users think that they win by getting free software or services, but do they really?  If you ask me the only real winners in the free ecosystem are the investors behind well funded companies.  By locking down markets with free offerings companies can ... (more)

B2B Cloud Start-up Gets $10.2M To Enter the US

Huddle, the three-year-old UK cloud collaboration start-up, has closed a $10.2 million B round from Matrix Partners and existing investors Eden Ventures and Huddle chairman Charles McGregor. Huddle, which recently went cash flow positive, according to co-founder Andy McLoughlin, has already been through a $5 million first round. It means to use the new money to push deeper into the United States, which will entail quadrupling its current 40-man staff in the next year. McLoughlin has just moved to San Francisco from London to head the effort. Current customers, half of whom are based in the stas, include Procter & Gamble, Disney and HTC, as well as what the company says are tens of thousands of small businesses and freelance workers who pay anywhere from $8-$200 a month for the widgetry. Enterprises can pay $150,000 a year. It’s also got partnerships with HP and Linke... (more)

D.C. Company Launches Incubator for Tech Start-ups

1776 is a new company that has launched in Washington, D.C. meant to act as an incubator for area technology start-ups. The new company launched eight weeks ago on the 12th floor of an office building downtown and has had 75 companies sign up for its space as part of its offerings. The tech-oriented companies are focusing mostly on health, education, fashion and green energy, according a Washington Post article. “We’re only interested in helping scalable businesses,” said 1776 co-founder Donna Harris. “They don’t have to have funding, but they have to have the potential for funding.” To be included in the workspace, start-ups pay $500 per desk every month or $250 for roaming desk space. According to the article, 1776 received a $200,000 grant from the D.C. government, which will help keep costs down. There were 200 applications to be a part of the program and anoth... (more)

Why Are There No Clouds Yet in Turkey?

Cem Sertoglu's Blog I get pitched by a large number of Turkish internet startups, and none of them, not one, so far, have built their application using cloud computing. I wonder why that is. It seems to me that the cloud computing service providers like Google App Engine, AWS and 10gen, offer a solid, scalable solution. On top of this, all of the non-cloud Turkish alternatives are more expensive than their US counterparts. Yet, you read about companies like drop.io going 100% cloud and I can not name a single Turkish company following suit. Interesting. [This post appeared originally here. Republished in full by kind permission of the author. It is republished under the Creative Commons license.] This work is licensed under a Creative Commons License. ... (more)

Cloud BI Guru Believes Great Companies Can Be Built in the Cloud

In the brave new world of cloud computing, what is the secret to building great companies? That was the question answered by Roman Stanek, pioneer of Business Intelligence (BI) in the Cloud, who on Monday keynoted SYS-CON's Cloud Expo Europe 2009. The first major Cloud event in Europe was co-located with Virtualization Conference Europe 2009, and took place May 18-19, 2009, in Prague, Czech Republic, ans was sponsored by Sun Microsystems, VMware, GoodData Corporation, and 3tera. Stanek delivered his Cloud Expo Europe keynote on May 18, 2009 at Hilton Prague In his presentation, titled: "Building Great Companies in the Cloud," Stanek - a technology visionary who has spent the past fifteen years building world-class technology companies - talked about what it means to be 'born on the cloud.' Specifically he shared with delegates his thoughts on how to use cloud com... (more)

Saint Arnold Brewing Company Reports 23 Percent Growth in First Half

HOUSTON, August 3, 2009 - Saint Arnold Brewing Company (www.saintarnold.com), the oldest craft brewery in Texas, today reported record production of nearly 13,000 barrels during the first half of 2009. The increase reflected growth of market share for the brewery within the Texas market. Saint Arnold had a major distributor switch in February of this year that gave the brewery access to more retailers within existing markets. Since being established in 1994, Saint Arnold Brewing has operated out of the same Northwest Houston facility. Today, the brewery is operating at full capacity 24 hours a day while reconstruction continues on a historic building near downtown Houston. The building at 2000 Lyons Avenue will be the brewery's new home before year end. The new facility will immediately double Saint Arnold's brewing capacity and will have an ultimate capacity of up to... (more)

First Solar, Inc. Announces 2009 Third Quarter Financial Results

First Solar, Inc. (Nasdaq: FSLR) today announced its financial results for the third quarter ended September 26, 2009. Quarterly revenues were $480.9 million and excluded the Sarnia project, which was over 65% completed at quarter end. Revenues were $525.9 million in the second quarter of fiscal 2009 and $348.7 million in the third quarter of fiscal 2008. Revenues for the first nine months of fiscal 2009 were $1,424.9 million compared to $812.7 million for the first nine months of fiscal 2008. Net income for the third quarter of fiscal 2009 was $153.3 million or $1.79 per share on a fully diluted basis, down from $180.6 million or $2.11 per share on a fully diluted basis for the second quarter of fiscal 2009 and up from $99.3 million or $1.20 per share on a fully diluted basis for the third quarter of fiscal 2008. The Company has also posted its Earnings Call Presen... (more)

Security Start-Up Gets A Round; Bechtolsheim on Board

Bluebox, a new San Francisco-based security start-up, is getting off the ground with a $9.5 million boost from Andreessen Horowitz along with Sun co-founder Andy Bechtolsheim, who wrote Google its first check; Google board member Ram Shriram, another initial investor in Google; former SPI Dynamics CEO Brian Cohen, who sold his security company to HP; and SV Angel. Bechtolsheim gets a board seat. So does Andreessen Horowitz general partner Scott Weiss, former CEO of IronPort Systems, which Cisco acquired. Bluebox is supposed to be developing the answer to one of the biggest enterprise security nightmares of our times, to wit, enterprise security on mobile, where incumbents have floundered. Its next generation of technology is supposed to change the way enterprises seamlessly protect their data. Its first product is slated to be out by year's end. Until then it's keepi... (more)

AWS Gets Its Own Form of Obamacare

Israeli-based Newvem, a start-up cloud operation analytics service, can do triage, so to speak, on anybody's Amazon installation, pinpointing where the user or corporation of any size may be losing money by using the widgetry incorrectly or over-provisioning with resources that are too big for the job. A user can stay up-to-date in real-time with what he's spending on Amazon compute or storage, and find out precisely what resources are being deployed or where his governance is going awry. From what it's seen so far, the company estimates that 50% of Amazon users have security issues, 30% run an outage risk and 15% under-utilization problems. Since Newvem started offering a free beta of its just released Amazon Cloud Care healthcare service eight months ago, its top 25 customers, mostly large accounts, have upped their use of the Amazon cloud anywhere from 3x to a ... (more)