Teenagers are trendsetters and early adopters, and they total 33 million in the U.S. They are also aspirational in nature. They prefer to stay ahead of the pack. Research shows that 67% of the teenagers in the U.S. own a mobile phone and 45% of them have iPods. 32% of the teenagers play computer or
Kodak has just announced its turnaround strategy of going against the grain of the printer business, and drastically cutting the prices of ink cartriges from the industry norm of $30 down to $10 for black and white, and $15 for color. The ink business is $45 Billion a year, and Kodak currently has no position
In this section, we explore some of the ways in which Philippe draws parallels between life and business. In the process, we discover his exchanges with Netscape’s know-all CEO Barksdale and Philippe’s next few mistakes.
By Shomit Ghose, Guest Author [I just wrote a critical piece on VCs regurgitating the same ol’ words as their fund strategy, and I went to check my editorial console to find this wonderful new piece by my dear friend Shomit Ghose at Onset Ventures. Very original, and I am glad to see someone doing
Our next segment of the interview is an incredible story where a small company of 10 takes on Microsoft, and wins. Philippe discusses his business strategy and how he was able to guide cc:Mail to success.
From Business Week: “Draper Fisher Jurvetson manages a little more than $4 billion, but it’s spread across 19 funds and run out of 33 offices from Boston to Beijing. Regional managers can often spot opportunities more quickly than those in charge of “monolithic funds” based on Sand Hill Road, says Ravi Belani, an associate at
Continuing on with the interview, Philippe takes charge of cc:Mail.
Marketwatch reports: The board of Laureate Education (LAUR), a for-profit provider of higher education, has agreed to a $3.1 billion buyout led by founder and Chief Executive Douglas L. Becker and backed by a private equity consortium including Kohlberg Kravis Roberts & Co., Citigroup Private Equity and hedge fund S.A.C. Capital Management LLC. Under the