Sramana: One of the core philosophies of our incubator is that over 99% of business that seek venture or angel financing get rejected. In the reject pool, there are a lot of solid mid-sized businesses. They will not be massive, but they can be solid profitable businesses. Kevin O’Connor: I agree. Every top VC going
Sramana Mitra: When you are going into accounts, which industry sectors are you seeing the maximum traction in for big data projects? Ron Bodkin: This is truly a broad-based shift that we see. We are working with Fortune 50 customers in multiple industry sectors, because we see needs of many.
Sramana Mitra: So you are basically accelerating the sort process. Josh Rogers: I would say we started with that basic technology on the mainframe. What we are doing today is accelerating all sorts of correlated processing functions. Whether that is aggregation, a join or a filtering process, we have technologies that allow you to accomplish
Sramana: At that time people were still doing concept financing. The Internet happened because of concept financing. I wonder if the Internet would ever have happened if we did not have concept financing. Kevin O’Connor: I’m not sure I agree. Eventually everything shakes out in a capitalistic market. It took a bit longer for things
Entrepreneurs are invited to the 173rd FREE online 1M/1M roundtable mentoring session on Thursday, May 9, 2013, at 8 a.m. PDT/11 a.m. EDT/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any
Sramana Mitra: What problem doesn’t Hadoop solve? Ron Bodkin: That is a good question. At any given time you have certain capabilities in a number of technologies, and then you also have a vector for how new capabilities are being added. I would say that today Hadoop is not well suited for real-time use cases.
Sramana Mitra: Does that mean they are giving comScore access to their Google Analytics? Josh Rogers: No. They will download a piece of software that sits in the browser and that sends the information back to comScore.
Sramana: How did DoubleClick get off the ground? Kevin O’Connor: When we started it in my basement we called in Internet Advertising Federation. We later changed it to Internet Advertising Network. We were developing the technology. While Dwight was building the technology, I was researching. We did not know anything about advertising or direct response.