March 11, 2005

Meetup meeting

Always looking for new experiences, I ventured out to attend my first meetup meeting.  This Internet-enabled method to arrange face-to-face meeting and do it at the local level has reached more than  million users.  Many many thanks to Mr Dean. (link is bit old)

As part of this I picked up the Santa Clara Entrep Meetup group to attend to.  Alex, our energetic organizer ( man with some very interesting ideas - one which connects San Fernando valley with Silicon Valley!) arranges this every month.

It was all in all a very good experience and hopefully we will continue to meet going forward. I didn't realize Andreas Stavropoulos sits on the board of Meetup. So for him experiences like these are as much field testing of his investment as they represent general networking opportunity.  I must thank him for urging me to read Jeff Hawking's book about intelligence and memory. Though I was aware of the book but didn't realize that there is an institute setup to generate ideas and solutions around Jeff Hawking's thesis.

Other plus of this was to meet and exchange ideas with people who don't come from the  technology background and who care less about life on the bleeding edge. Learned few things about financing, real estate flip-it business model, manufacturing based business opportunities etc.   Also I heard that  SpaceX will be making an announcement very soon.  Stories like SpaceX urge us to strive for bigger and better things.

All in all good use of time in the first meetup session.

March 11, 2005 in Silicon Valley | Permalink | Comments (0) | TrackBack

November 03, 2004

India Inc. is Twice as Fast as Japan Inc

AMR showing confidence in Indian firms execution capability.

..upwards of 50% of all SI/ Business Process Outsourcing (BPO) jobs are profitably taken with a fixed price bid. The high stock price of many Indian offshoring companies, as well as pre-tax margins in excess of 20%, illustrate that these companies have management expertise and execution quality.

When the pressure is on India based firms to prove their capability, eventually that particular capability will become a differentiating aspect.

November 3, 2004 in Silicon Valley | Permalink | Comments (1) | TrackBack

August 12, 2004

Yin-and-yang of no from a VC

Tim Oren writes how VCs pass cool technology based plans, which usually leaves entrepreneurs in a baffled state of mind. Its great to see somebody from the venture community taking pains to elaborate on their thought processes.

Though it would be nice to get similar analysis by taking enterprise software application market as an example. There I have heard reverse argument that given unique understanding of the market problem anybody can write a software ! How long can you keep your unique insight under the wraps ? There good understanding of the business problem and initial interest from prospects is not enough one needs to have a defensible (read cool) technology as well.

Net of it is that you got to have both - good business model(how to make money) and a cool technology (unique defensible offering).

And while you are watching market cycles to make a perfect entry also pray that your market sector has a possibility of getting lucky (as those who are in compliance, security etc are finding now).

August 12, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

July 27, 2004

Bangalore numbers

Bangalore is slowly moving ahead in terms of the software professional numbers.

- Almost a quarter of the 10,000-12,000 foreigners employed in the Silicon Capital of India are part of the IT industry
- Bangalore has 1,60,000 professionals working in the technology sector and the number is the largest in one place on the planet.
- While about 1,00,000 professionals work in IT companies, the remaining 60,000 are working in the ITES-BPO sector

- During 2003-04, the city attracted 168 new software exporting companies and 5 new electronic hardware exporting companies
- It's been projected that 40000 professionals will be added to the Bangalore city in next one year.

Why Bangalore is winning against other cities ?, I think the answer lies in the rapidly maturing eco-system and the weather.

July 27, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

July 26, 2004

DVDs influencing grocery market ?

At least in the Indian community out here in the South Bay. After doing rounds of nosy questioning I found the real reason why people are switching their pet grocery store every now and then. Trick is the incentive model of these new stores, which are methodically meant to steal customers from the existing grocery stores. Perfectly legitimate business tactic. So what's the catch ?

Answer lies in DVD rentals and a good collection of Indian language movies! It's interesting to observe the important role DVDs play in deciding where to shop and how much to shop. With free rentals thrown in at a certain level of shopping and also flexible return policy to match our laziness, it's turning out to be a decent business development strategy resulting in profitability.

I wonder what other businesses can exploit this weakness for Bollywood movies and free DVD rentals ! NRI market is a big market in terms of purchasing power.

July 26, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

May 05, 2004

Libraries as a workplace for freeagents

What about libraries? New library in Santa Clara has a free wi-fi access (kids are playing online games using their iBook !) and cafe is about to start. They already provide copier service and printer is easy to add. Check other services -
CP-entry

Reference Services
Children & Teens
Public Internet Access
Programs & Classes
Genealogy
Reading Program
Senior Services
Outreach for the Homebound
Volunteer Opportunities

I see no reason why community libraries cannot be a place for freeagents to work and study. Afterall its your tax money. They also have conference room if you want to give presentation to your client !

May 5, 2004 in Silicon Valley | Permalink | Comments (3) | TrackBack

May 02, 2004

Move over Haque

Seems Ram Shriram has beaten Haque and Khosla on the performance scale. His firm Sherpalo owns 5% of Google

May 2, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

April 28, 2004

Apache founders split

Joined at the hip and separated by the source code. Tale of two companies - Covalent and Hyperic. And this is how they used to be

Revenue pressure was never been so high. check the details here.

April 28, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

April 27, 2004

I need a story and for that I am willing to loose my rationality !

Thats how this Rachel Konrad thinks and wrote this piece for AP, which Yahoo gladly listed as the top news of the day.

Those who keep track of actual trends know whats really happening on the ground.

April 27, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack

March 18, 2004

China's software schools

Mercury News on China's software schools -

It is in settings like Peking University's School of Software where the Chinese talent will emerge to challenge places like Silicon Valley as a tech leader for the next generation.

Peking University is one of 35 Chinese universities chosen three years ago by the central government to build software colleges.

Right now, China's software workers perform mainly low-level programming tasks. The lack of higher skills in software means China is lagging far behind countries like India.

Yet China already is producing huge numbers of technically trained graduates.

In China, 58 percent of all degrees awarded in 2002 were in physical sciences and engineering, compared with 17 percent in the United States, according to the U.S. Presidential Council of Advisors on Science and Technology.

In engineering, about 220,000 Chinese bachelor's degrees were awarded in 2002, compared with 60,000 in the United States.

Overall its a good development for the world of entrepreneurship and technology.

March 18, 2004 in Silicon Valley | Permalink | Comments (0) | TrackBack