Sramana: How did it make you feel to watch your IPS drop to last in the marketplace when you were at Juniper? Nir Zuk: I did not like Juniper at all. The first day after they acquired NetScreen they came and explained to us that we did not know what we were doing and that
By guest authors Irina Patterson and Candice Arnold. This is the twenty-seventh interview in our series on financing for entrepreneurs. I am talking to Dick Reeves, executive director of Huntsville Angel Network that services entrepreneurs in and around Huntsville, Alabama, where it’s based. Irina: Hi, Dick. Why don’t we start with you telling me a
By guest author Irina Patterson This is the twenty-sixth interview in our series on financing for entrepreneurs. I am talking to Raymond Chan, a member of Tech Coast Angels. TCA has over 260 members and provides funding and guidance to early-stage, high-growth companies in Southern California. Irina: Hi, Ray. Let’s start with your personal background.
Standing Cloud is an application deployment and management platform for the cloud and can be used to build websites and webapps. The platform is built in Java and is currently deployed on Rackspace and Amazon EC2 cloud servers. Further, the company offers more than sixty open-source applications that users may test-drive or install for permanent
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.