Thought Leaders in Cloud Computing: Joe Graves, CIO of Stratus (Part 3)

SM: Give me a range of examples of the kinds of managed services your clients are providing. JG: A good use case that we’ve come across is an independent software vendor (ISV). The company deploys an application to its customers and the application runs on an entire environment that the ISV deploys to its customers.

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Bootstrapping to 25 Million, Then Raising A 23 Million Series A: Coverity Cofounder Andy Chou (Part 4)

Sramana Mitra: What was the next major event after you raised your funding? Andy Chou: We had the financial crisis, which hit every company pretty hard. That caused us to re-evaluate our company. The good thing is our customers stuck with us because they saw the value we provided even in the dire economic environment.

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Thought Leaders in Cloud Computing: Joe Graves, CIO of Stratus (Part 2)

SM: So, tell me more. Here’s an interesting set of discussions that came out of my conversation with Jared, which [included] looking at the next decade. In the current scenario, his point of view is that there is about 60% of IT work, which is commodity work done in maintenance, backups, all sorts of IT

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Bootstrapping to 25 Million, Then Raising A 23 Million Series A: Coverity Cofounder Andy Chou (Part 3)

Sramana Mitra: How did you go about raising funding? Andy Chou: We talked to all of the VCs interested in this space and told them that if they wanted to invest in us that we would only consider certain types of deals. We presented them with our range of acceptable terms and indicated that if

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Why We Support “Non-fundable” Entrepreneurs

By guest author Irina Patterson Have you seen business ideas with a market size of a few million dollars? Entrepreneurs go to investors, who tell them it’s a bad idea. Bad indeed for investors to invest in. But even a $1 million dollar business could be a life-changing event for a first-time entrepreneur. His family.

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