Here Eric details several significant happenings. Not only does he discuss the development of Bridge and the IPO, but also the birth of networking as a recognized market, as well as the merger with 3Com. SM: Where you running Bridge during the IPO? EB: I was not the CEO, but I was one of the
It has been a strange summer of uncertainties elsewhere in the market, but certainly, VMWare’s hot IPO has not felt any of the pressure. In fact, it has made a slow August exciting with one of Tech’s most important events this year. Eric Savitz at Barrons reports: “EMC (EMC) today generated a massive return on
SM: What are your pricing guidelines now? SS: We actually don’t share that publicly, but it is not too different than payroll processing costs. The core point is if you look at the paper model, and you go to companies and ask them how much it costs to process an expense report via paper, it
On July 12 last week, Info Edge (India) Ltd announced the launch of ‘Asknaukri.com’, which purports to be the first website of its kind in India. With this Naukri.com completes the circle around the concept of online career needs in India. (BOM: NAUKRI) For the uninitiated, ‘Naukri’ in Hindi means job, and Naukri.com is the
By Dharma Kuthanur, Guest Author Starting this column on a personal note, it so happens that both my former company (a VoIP infrastructure provider) and my wife’s former company (an optical networking company) are planning to do their IPOs this year. In the tech IPO-starved times in which we live, this probably counts as both
By Jörg Überla, Guest Author The successful IPO of social networking platform XING on Frankfurt stock exchange last December was like a big bang. Why? First and foremost, it was the first real Web 2.0 IPO in Germany (and among the first worldwide), which proved that the market is open towards new ideas. Secondly, backed
A very interesting discussion of the dramatic times during the late 90’s and the early 2000 timeframe. Read on. SM: What were your sales pre-IPO? JR: I think in the ’98 period they were probably $30M. Our fiscal year 2000, which is when we went public, was $67M. In January of 1999 the IPO market
Gone are the days when entrepreneurs boasted at cocktail parties about how many million dollars they have raised for their startups. That was so very nineties! Yes, times have changed. Entrepreneurs seem to have become savvier. In the last 2 months, I have worked / spoken with several sets of entrepreneurs who are perfectly happy