Based in Menlo Park, CA, oDesk was founded by Odysseas Tsatalos and Stratis Karamanlakis in 2003. It is a platform that lets companies hire and manage remote workers from a global talent pool and pay them on an hourly or fixed rate basis.
SM: In your eyes what makes OpenSource work so well? BB: That is a question I first started to answer almost ten years ago. Back in 1999 I brainstormed quite a bit with Tim O’Reilly about what really made OpenSource work. At the time there were obviously companies like Red Hat emerging as support organizations,
How Serena went about translating a strong and steady cash flow into accelerated revenue growth with the risk of a new SaaS business model
SM: Was Apache a non-profit from 1995 to 1998? BB: Apache certainly grew and grew fast. In 1998, in part because of the interest and involvement from major players like IBM, Sun, and Oracle, we realized that we needed to form and actual entity. Otherwise someone could have found a patent issue and come and
Elance is a marketplace which matches freelance design, technical, writing and other professionals with companies that need their services in a timely manner. The company was founded in 1999 by Beerud Sheth and is headquartered in Mountain View, California.
By Dominique Trempont, Guest Author For the last couple of years, we saw an unprecedented wave of private equity deals. Even though the current debt crisis is drying up some of Private Equity’s easy cash source, there are opportunities for savvy investors in the midst of the current chaos.
SM: How did you get involved with Apache? Was it through Organic? BB: Organic was my day job and I stayed there until 1998. Apache was a side effort that ran in parallel to Organic. Web technologies were brand new at the time and companies were just starting to emerge with commercial web software. Most
Venturebeat reports that Foundation Capital has raised a $750 Million new fund. The firm’s last fund was $525 million, closed two years ago. Goes back to my question: Who are the real VCs of Silicon Valley? How can you practice true venture capital if you have to put so much money to work?