How to Create a Killer Startup Company

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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)

How the Dotcloud Affects the Need for Startup Funding | @CloudExpo #Cloud #DataCenter

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)

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)

Going Away From the ‘Dark Side’ and Into the Startup World

I recently decided to make a career change and at the end of the month will be leaving the world of venture capital (as some affectionately refer to as ‘The Dark Side’) for the maybe greener and definitely more uncertain pastures of the startup world.  My time at L Capital over the last year has been great, and I’ve learned an incredible amount about startups and investing, but I recently came upon an opportunity which was just too good to pass up. I’m joining an early stage software company in the virtualization management and automation space and will be involved in all manner of customer development, biz dev, and marketing.  I’m going to work with a great team and a stellar set of investors, all who are laser focused on building a great company.  Needless to say, I am very excited about this move. I’m not going to post details about the company publicly at this... (more)

Is Modern Grid Computing Applicable to Business?

Grid computing is an impressive, confident, powerful technology model, winning high-profile admirers as it approaches full maturity. With the rise of Amazon Web Services, and, specifically, Amazon EC2, this style of computing is enjoying a higher profile than ever before. The professional sector is increasingly adopting a distributed model for hosting and deploying applications that has become almost commonplace in Web 2.0 applications. The ability to deliver different elements of applications simultaneously over a cohesive network of servers essentially defines grid computing, also known as distributed computing. Grids embrace software or middleware, which enables a user community to make use of the combined power of networked hardware and access applications across the public Internet as services. It’s no longer relevant to define grid computing in terms of e... (more)

In Memory of Harvey Houtkin

http://twitter.com/fuatkircaali In July 1999, a man opened fire and killed 22 people at a day trading office in Atlanta. The firm was owned by Harvey Houtkin and that was the first time I saw him - on CNN during the news coverage. That day I realized Harvey's office was located in Montvale, New Jersey, the town next to Pearl River, New York, where SYS-CON's headquarters were located. Pearl River is a quiet little Irish town where many residents are cops and firefighters in New York City. We lost many of our neighbors during the 9/11 attacks, with countless funerals taking place in our churches. I remember seeing Bill Clinton one day attending one of the funeral services. When we moved our offices to Montvale, New Jersey, the buyer for our old office building in Pearl River happened to be Harvey. That's how we met for the first time. Today I drove to Pearl River, had a ... (more)

Paris Start-up Anticipates Chrome OS

A consumer-oriented Linux-based Internet operating system for netbooks that anticipates Google's vaunted Chrome OS is already in private alpha in Paris. It's called Jolicloud and - stop me if you've heard this one before - it's supposed to "transform netbooks into sophisticated web devices that tap into the cloud to provide free, open and easy access to a new generation of web applications." The eponymous company building it was started last year by Tariq Krim, who also founded Netvibes, the web start-up that offers personalized start pages à la iGoogle. Last week, on the day that the words Chrome OS became common fodder, Jolicloud announced the $4.2 million Series A round from Atomico Ventures and Mangrove Capital Partners that it's had in its pocket for months. And it said Atomico principal, Skype co-founder Niklas Zennström, and serial entrepreneur Gilles Samoun,... (more)

WiFi vs. Femtocell

Recently, in a comment to another post, Mike Demler asked about what benefit a femtocell would provide vs. VoIP via WiFi.   This is a long standing debate, and I thought I'd chime in.  Please comment! Generally, comparing WiFi and 3G is really comparing apples and oranges.  WiFi throughput is about 100x bigger with current technology.  3G is optimized for battery life and QoS.  Both are here to stay and Cisco is smart to sell both! Nothing should prevent people from using VoIP or VoIP-over-WiFi (VoWLAN) at home.  Skype is a good thing.  Services like this will be very hard for large SPs to compete with on cost.  Especially on international calls or PC-to-PC calls.  In fact, Mobile SPs started to allow VoWLAN even from their phones, e.g. Skype on iPhone in WiFi mode only.  But remember people with iPhones are not mass market!  Not yet, anyway. When talking about *mo... (more)

U.S. Rules on Mergers in Play

The Justice Department and the Federal Trade Commission, which split regulatory oversight in the United States, are planning on revamping and toughening up the 1992 rules on mergers - at least they're going to sit down and talk about - according to Reuters, quoting FTC chairman Jon Leibowitz at a conference at Georgetown Law. Leibowitz said the existing guidelines "clearly exaggerate the extent to which the agencies follow a single, rigid, step-by-step approach in merger analysis." DOJ antitrust chief Christine Varney claimed any new guideline would give business "greater certainty when making merger decisions." ... (more)

IBM Fires Exec Implicated in Insider Trading Scandal

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 IBM has cut its ties with Robert Moffat, the senior VP who ran its server, storage and chips businesses and was arrested two weeks ago for allegedly whispering insider information on IBM and Sun financial results as well as AMD's reorganization plans to hedge funds that traded on the material information. IBM isn't saying much, not even that Moffat was fired, merely that he is no longer an IBM employee. Three days after Moffat was arrested on October 19 on charges of conspiracy to commit securities fraud IBM put him on administrative leave and replaced him temporarily with Rod Aktins, whose accession as IBM's highest-ranking African-American executive is now confirmed. It could have taken IBM two weeks just to talk with Moffat and his lawyer let alone do its own internal investigation. His ... (more)

Who’s Gonna Buy Novell?

Novell set this week as the deadline for acquisition offers, according to the Wall Street Journal followed by the New York Times. Elliott Associates LLP spokesman Scott Tagliarino claims Elliott, whose $5.75-a-share offer put Novell in play a couple of months ago, knows nothing about Novell's schedule. "It's running its own show," he said. Elliott's offer is still on the table. Novell refused the hedge fund's unsolicited bid as too low but since the offer inflated Novell's sunken stock price the company knew it was trapped and went looking for a sweeter deal. The Journal reports being told by "people familiar with the matter" that 20 companies have expressed interest of some kind in Novell, but that any serious offers are all expected to come from private equity firms and top Elliott's $2 billion bid. How much more Novell could possibly be worth is the question. ... (more)