Sramana: Cost of development is also attributed to quality design. Perhaps you gained significant savings because of that?
Nir Zuk: We saved money because we were able to hire extremely high quality engineers in the United States. You can’t hire the same quality of engineers in China or India. >>>
In case you missed it, you can listen to the recording here.
TiE Austin is co-hosting the next FREE online 1M/1M strategy roundtable for entrepreneurs, so TiE members from Texas will be given the first priority to pitch. The roundtable will begin at: 11 a.m. EDT/10 a.m. CDT/8 a.m. PDT/8:30 p.m. IST on Thursday, October 7, 2010. Please join us and let other entrepreneurs know. You can find more details and register here. All are welcome!
The launch of AMD’s Fusion chip or “Llano,” which combines the central processing unit (CPU) and graphics processing unit (GPU) has been pushed to next year. Meanwhile, at the recent Intel Developer Forum Intel announced a new multi-function chip, Sandy Bridge, that integrates graphics and video processing. Will such hybrid chips render graphics chips obsolete and threaten the future of graphic chip maker NVIDIA? >>>
By guest author Praveen Kumar
InnovizeTech is the creator of Sapience, a patent-pending software product to measure and analyze the effort and productivity of an enterprise. The product helps organizations that use computers to deliver their services and products by measuring the exact effort needed, improves estimates of effort needed for future products, and identifies areas of under- or overcapacity utilization. These benefits can be of use to IT services companies that have fixed price and time and materials–style contracts, software product firms, and also certain non-IT T&M based businesses. >>>
Sramana: Who were your first customers? Were they in the financial industry?
Nir Zuk: No, the finance industry is hard to get into. Our first customers were high-tech companies here in Silicon Valley. One of our first customers was SanDisk, a cutting-edge company. We also had an Constellation Energy, a Fortune 500 company on the East Coast. We found that new customers came on quickly because companies started to recognize that their existing solutions were not solving the problems they were facing. >>>
At today’s roundtable I had a disturbing experience.
One of the entrepreneurs presented a business idea that sounded like a business-to-consumer concept, but as I peeled the onion, it turned out that the business was really a business-to-business concept. I asked why the pitch was so confusing and all over the place, to which the entrepreneur answered: “I am trying to keep a broad idea so that when I talk to investors, they can decide which way they want to go.”
I almost fell off the chair.
>>>
Kenneth Darryl Brown recently discussed Entrepreneur Journeys with Sramana Mitra on BlogTalkRadio’s The Passionate Entrepreneur! You can listen to the entire interview here.