Archive for November 2011
As Rob May of Backupify once tweeted, “Everything I learned about doing a startup came from doing a startup… not reading blogs about it.”
Therefore it is fair to conclude that to date the”big four” have completely missed the virtualization monitoring and management market. They have not only missed it, they have missed it badly. Not only have they missed it, but they have completely failed to address both the technical changes and business model changes that virtualization and cloud computing demand in the management space.
The idea for the iPad came from an engineer at Microsoft, who was married to a friend of the Jobs family, and who invited Jobs to his fiftieth-birthday party. As Jobs tells Isaacson:
“This guy badgered me about how Microsoft was going to completely change the world with this tablet PC software and eliminate all notebook computers, and Apple ought to license his Microsoft software. But he was doing the device all wrong. It had a stylus. As soon as you have a stylus, you’re dead. This dinner was like the tenth time he talked to me about it, and I was so sick of it that I came home and said, “Fuck this, let’s show him what a tablet can really be.”
Rookie CEOs and control freaks will ask for the charade of a hard ROI model, something that really is almost impossible to create with any degree of accuracy. And if these ROI models are so important, why are they never revisited after the technology is implemented? I’ll tell you why. These models were BS in the first place and so much is learned in the implementation that the upfront ROI models are almost always irrelevant. Also, when CEOs want to invest in something on a hunch, they don’t do much of an ROI model. They just call it strategic.
Today, you can start a web/mobile/cloud startup for $500,000 and have money left over. Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner.