Alan: Another one is in the financial services arena, and it has been cash flowing now for over twenty-four months, and it doesn’t get any better than that. When a company is just internally building cash, it’s a wonderful thing to see and we’ll probably look at exit on that company possibly even this year
By guest author Tony Scott SaaS and Its Impact on Outsourcing Tony: So how do you see SaaS and cloud computing ultimately driving the IT landscape, and how will that impact outsourcing companies? Vivek: SaaS is definitely beginning to establish itself. It’s a little too early to call a win on the cloud front, but
By guest authors Irina Patterson and Candice Arnold Irina: How many people work for the fund? Jeff: It’s just me. I am a workhorse. I have done eighty-two deals in the past six years on my own. And I do support my companies and I do help them and work with my CEOs despite the
Irina: Do you have any sector preference? Alan: No, but I’ll hit on a couple. First off, one of our criteria – and I call it a soft criterion, but it’s a general guideline that we adhere to – is that within Springboard’s membership, it’s 53 partners, if we don’t have anybody who has expertise
By guest author Tony Scott Managing in a Virtualizing World Tony: There has obviously been an increase in labor costs over the past few years in India and in other world sourcing locations. But labor costs seemed to have risen faster in India particularly, at least for the IT outsourcing side and also for business
By guest author Tony Scott CSC’s Entry into Commercial Outsourcing Tony: CSC wasn’t really deep in the commercial space at that time, were they? Vivek: That’s right. My first question to CSC when they approached me was: “Why CSC?” I was settled at IBM, and I had no desire to leave there. But the more
Change is the essence of existence. Change can’t be any more evident than in the constantly evolving world of technology. From her engineering graduate school days at Delhi Institute of Technology, India, Shaloo Shalini has been chasing and realizing dreams to harness cutting-edge technology to solve real-life problems in the form of enterprise software products.
By guest authors Irina Patterson and Candice Arnold This is the fourteenth interview in our series on financing for entrepreneurs. I am talking to Palo Alto-based Jeff Clavier, founder and managing partner of SoftTech VC, an early-stage venture capital firm managing a $15 million seed fund, SoftTech VC II. Irina: Hi, Jeff. Could you tell