Sramana: When you did your validation, did you find any other pain points? Nir Zuk: The major pain point was that companies were spending a lot of time and money on network security and monitoring security events on their network. They did not have the capability to stop security events. Companies would learn about a
By guest author Tony Scott Silos Are Out, Specialization Is In Tony: I’ve done a lot of work with service business, and they are typically either aligned around geography or around a service solution, and there’s always some matrix of the two; you can’t get away from that. But if you’re doing innovation-related work in
By guest author Irina Patterson Irina: What is your biggest investment success to date? George: I am one of the three original investors on Twitter; I’m sure that will work out well. And I’m an investor in a company called Yammer, which is becoming the Facebook of enterprise and which is going to be showing
Michael Arrington is seeing a nice payday today as AOL buys TechCrunch, reportedly for $25 million, with a possible $15 million more in earn outs. Arrington has maintained control over TC and owns the majority of the company. The company is at about $10 million in revenue, so this is a 2.5X to 4X multiple.
BiddingForGood.com is a charitable commerce platform that over 3,000 nonprofits and schools, including Youth Advocate Inc., BreastCancer.org, and the New York Wine and Food Festival, use to raise money by selling goods and services, primarily by moving their silent auction fundraisers online.
SM: Why was it so difficult to get customers at OneSecure? NZ: A few months after we started the company, the [tech] bubble burst. Companies suddenly started watching their money. I also believe there was another key factor. At the end of the day, our managed service would replace the work that was done by
By guest author Tony Scott Ensuring a Sense of Common Purpose Across a Global Team Peter: Creating a sustainable culture is important. There are a couple of things to say about our experience here at GlobalLogic. First of all, we started as an R&D business from the outset. We didn’t evolve to be one; we
By guest author Irina Patterson Irina: Do you think in terms of total available market, like a certain number? George: At the seed stage, we are just thinking of a big picture – will the innovation of this create brand new behaviors, have an impact, or change an industry or market? And that’s qualitative. At