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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

A 90% disruption in cost spawns innovation – believe me. These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. Every startup I knew in 2005 (when I started my second company) was using this. Open source became a movement – a mentality.

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Technology Trends: 10 Areas of Innovation to Watch for 2012

This is going to be BIG.

What areas need to be disrupted? It feels a lot like NYC as a whole did back in 2005--a handful of relatively disconnected folks, a few marquee companies and a whole lot of pent up interest in doing something impactful in the local community. What areas are going to change? Android Backlash.

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Seth Sternberg – Meebo

Both Sides of the Table

In 2005, Meebo started connected users across other websites. What is the communication rhythm and dynamics with the board and in other meetings? In the beginning there were monthly board meetings then after Series C they moved to quarterly. Seth likes to get together with board members every 30 days. I totally agree.

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

So the industry formed around a day of the week when all partners could avoid having company board meetings or traveling. I started showing my partners more deals that I found interesting and doing loads of analysis on the future of markets I thought were ripe for disruption. I have always believed that TV was ripe for disruption.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

When I saw what BuddyTV is working on and how long they’ve been the market (since 2005) I realized that this has huge potential to help disrupt the television market. But every time I talk with senior executives a the big studios or talent agencies I tell the same story, “You know that your industry is being disrupted.

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Nerdio lands $117M to build management tools on top of Azure Virtual Desktop

TechCrunch

In 2005, three entrepreneurs — Vadim Vladimirskiy, Stuart Gabel and Niall Keegan — co-founded Adar, a Chicago-based company providing “streaming IT” and IT-as-a-service products mainly to small- and medium-sized businesses. Nerdio runs in a customer’s own Azure subscription as an Azure-based application.).

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Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

TechCrunch

The company has been growing revenues and customers at a rate of 50% over the last 10 years (and 63% over the past 15 — it’s been around since 2005), and it now has 1,700 employees with plans to add another 1,000 this year. Sikkens is joining the board with this round. Billings are expected to be €160 million in 2021.