AppRiver — featured in this blog in 2009 — like Agiliance, finds itself once again on Inc. Magazine’s 2011 500|5000 list. Over the past two years, the company, which was founded in 2002 by CEO Michael Murdoch and CIO Joel Smith, has more than doubled its 2007 revenue of $11.4 million to $27.9 million, giving AppRiver a three-year growth of 145%. The company has also increased its employee roster by 72. As we revisit this profitable bootstrapped company that competes for customers in the email security space with the likes of Google’s Postini, Symantec’s Message Lab and McAfee’s MX Logic, and with Intermedia and McAfee for the Hosted Exchange market, we’ll take a closer look at what sets AppRiver apart, both internally and externally. >>>
According to CIO.com, enterprise resource planning software (ERP) is designed to integrate the functions of a company’s various departments into a single unified software program running off of one database to facilitate the sharing of information. Such integration cuts down on errors and saves time, particularly in regards to patients’ medical histories. Since the advent of the cloud, SaaS ERP companies like Acumatica have found a market discontinuity against which to sell their products. >>>
The cost of higher education has become a hot topic, especially in light of the outrageous levels of youth unemployment in America and Europe. The average price of tuition at American four-year colleges, in constant 2007 dollars, climbed from $8,552 in 1980 to $20,154 in 2009. Outstanding student loan stands at over a trillion dollars at the moment, and thought leaders like Peter Thiel have taken aggressive positions against education bought at these prices.
I happen to be a believer in higher education, but the cost issue is a real one, and it needs a solution. This post is a reflection on the subject.
Did you know that 99% of the entrepreneurs who apply to Y Combinator or any other hot business accelerator are rejected? I am saying this in case you are thinking of applying.
Let’s face it, rejections hurt.
But if you want to get into your favorite business accelerator, we can help. Join the 1M/1M Program today, and let’s take one step a day toward that specific goal.
At 1M/1M we accept entrepreneurs as they come, warts and all. (You would never hear an investor say that.) >>>
In less than two weeks, The Two-Second Advantage by Vivek Ranadivé and Kevin Maney will make its debut on bookshelves across the U.S. Below is an excerpt from the first chapter, Wayne Gretzky’s Brain in a Box.
By guest authors, Vivek Ranadivé and Kevin Maney
On March 28, 1955, Time magazine reported on a new generation of machinery called computers. The cover featured a drawing of IBM’s Thomas Watson, Jr. in front of a cartoonish robot, over a headline that read, “Clink. Clank. Think.” The story marveled at a computer built by IBM, working inside a Monsanto office building. “To IBM, it was the Model 702 Electronic Data Processing Machine,” the story reported. “To Monsanto and awed visitors, it was simply ‘the giant brain.’”
Summer is over. Time to get back to work.
I want to synthesize some posts from our blog to give you a flavor of what we’ve been doing this summer to make life easier for you.
In How Not To Sell Equity Too Cheap, Too Soon, entrepreneurs would find a discussion of what we recommend when it comes to selling incubation-stage equity. Also, please do not go banging on the doors of investors without first validating your business and knowing that your project is fundable. How to Become a Fundable Entrepreneur explains some of the issues we are seeing in the market. Please also read The Myth About Seed Funding. >>>
It’s that time of year again: Inc. Magazine has published its 500|5000 list. Arguably, a company that Inc. ranks third in its industry (software), first in its region (San Jose) and 39th overall has some bragging rights. It doesn’t hurt to have a three-year growth rate of 4,909% and revenues in excess of $6 million, either. But there are still 38 more companies to surpass on the road to first place.
Founded in late 2005, San Jose, California–based Agiliance is an independent provider of operational and security risk management solutions for governance, risk, and compliance (GRC) programs. The company’s RiskVision provides a unified view of organizations’ risk posture, combining policy, compliance, and incident and threat or vulnerability management applications in one platform. The flexible, scalable automation is designed to enable organizations to deliver closed-loop risk management and continuous compliance and thus make better investment decisions. >>>
By guest author Irina Patterson
Last week we talked about private investors – the so-called friends, family, and fools. Known as the 3 Fs, they usually invest a few thousands here and there. But as scrappy as we are, we still recommend the 1M/1M education first and any capital injection second, even if the investment is only $5,000. >>>