SM: I always like it when a pioneering company takes a new approach with a solid business model already in place.
SA: I will tell you something about Glam’s history we have not talked about before. Most startups come to a decision point in the first two or three years after launch, where the original vision needs to be focused to survive. Typically, once they have used most or all of their venture capital, they try to find and solidify their business model. They then have to either re-start or focus. This is what I call the “startup wiggle” to find the business model “nugget”. >>>
Accenture (ACN) reported their Q3 earnings yesterday, and they don’t seem to be finding current economic conditions a challenge. >>>
As much as I love to travel for pleasure, adventure and discovery, I profoundly hate business travel. Especially gratuitous travel that requires a long trip for just one meeting …
here’s my new column, Kill the Business Trip.
We have, so far in this series, reviewed Infineon’s financials, Qimonda and the industrial and automotive businesses. As we continue to dissect Infineon in our valuation analysis, we will now take a look at its wireline business. >>>
SM: Glam was a pioneering startup. How did you assemble your management team?
SA: Our seven key founders are all serial entrepreneurs and pioneers in Silicon Valley and Internet Technology. >>>
Revver is a video sharing site that hosts user generated content. It was founded by Steven Starr, Ian Clarke and Oliver Luckett in 2004 and went live in 2005. Clarke and Luckett left the company in a management shakeup in 2006. >>>
Continuing my coverage of the ATE industry, in this post I discuss Teradyne, the leading supplier of Automatic Test Equipment. Teradyne (TER) is a global leader in electronics testing and inspection solutions and is the world’s largest supplier of semiconductor test equipment for logic, RF, analog, power, mixed-signal, and memory technologies. >>>
SM: What is the story behind Glam? Where did the idea come from?
SA: Glam was interesting from the first concept. It started as a jewel of an idea in 2001 and developed in 2002 at the bottom of the downturn. >>>