November 2018

Venture Capital Deal Nomenclature: Semantics or Something More?

As part of our investment approach, we routinely analyze broad VC deal data, identify key investment trends, and compare that to what we are seeing internally. How startup companies are “labeled” today (pre-Seed, post-Seed, early stage, pre-A, early B, etc.) has certainly complicated this process. Read More >

August 2018

The End of Moore’s Law. And The Coming Computing Renaissance.

The computing industry is at a crossroads. Moore’s law, the engine that powered the computing revolution, has finally run out of steam. Read More >

March 2018

The Promise of Cryptonetworks

Even though the Internet is a constant reminder of the great things that come when a passionate community of developers, researchers and visionaries collaborate to create an open platform on open standards, the history of computing tells a different tale.Read More >

August 2017

On Startup Hiring

The defining characteristic of every startup is growth. In a startup, it’s not where you are but where you’re headed that matters, progress measured not in absolute terms but as a rate of change towards greatness. In such a forward-looking environment, founders can easily fall into the trap of planning for tomorrow’s challenges without adequately preparing for today’s battles. Nowhere is this trap more pronounced than in hiring. The emphasis on growth can tempt founders into “future-proof” hiring, favoring candidates with experience at scaled businesses while losing sight of how well they fill the current needs of the company.Read More >

May 2017

A World of Driverless Cars (and Opportunity)

With a number of recent high-profile controversies, discussions about the future of Uber are rampant across the technology world. Considering this, I thought it would be a good time to weigh in on one area where we believe Uber is heading in the right direction: the future of autonomous transportation. From an investment standpoint, we think of autonomy in terms of land, sea, and air, but for the purposes of this essay, I want to focus specifically on self-driving cars. We believe this sector will have everything needed to make lucrative investments.Read More >

March 2017

A Contrarian View of Moonshots: Small Steps to a Giant Leap

Every startup begins with an idea and a plan. The idea (for a new product or service) describes the “what”; the plan describes the “how”. We associate genius with singular acts of idea creation, eureka moments that bring to the surface new discoveries and insights. But great startups are often distinguished more by the genius in the “how” than in the “what”. Google didn’t come up with the idea of a search engine, but its genius lay in how it made search more relevant than anything before. Read More >

August 2016

In Search of Self-Driving Enterprise Software

At the dawn of the twentieth century, pessimism pervaded the field of Physics. The existing theories had been so fully fleshed out and generalized that there appeared little room for future exploration. The widespread belief was that there was nothing of importance left to be discovered. The Nobel Prize winning physicist Albert Michelson famously stated: “Our future discoveries must be looked for in the sixth place of decimals.” It seemed that incremental refinements were all that awaited the world. Read More >

February 2016

The Amazon Cloud Juggernaut

One of the interesting aspects of platform shifts in computing is the way they end up redrawing platform boundaries, reorganizing what is inside the platform versus built on top of it. The seemingly simple act of changing platform boundaries resets incumbent advantages and fundamentally reshapes industry structure. When IBM dominated the mainframe market the platform was a vertically integrated hardware and software stack. In the PC era, the platform boundary shrank to the microprocessor on the hardware side and Microsoft Windows on the software side. Read More >

August 2015

The Rise of Native Open-Source

Open-source software is a hit with enterprises. It gives their IT organizations the ability to cost-effectively provide for their constituents without ever being locked-in to a particular vendor. Indeed it’s hard to find a company today that doesn’t use some open-source software. And certainly you have companies like Facebook that are completely running on an open-sourced infrastructure.Read More >

February 2015

Cloud and the Coming Upheaval

Few will dispute that cloud computing represents a massive transformation and technology shift. Everyone seems to agree it’s a big deal, but it’s hard to find consensus on the winners and losers from this shift. As a venture investor, I find myself drawn into debates: Will Oracle prevail over newer database architectures? Can VMware stay relevant in the new cloud infrastructure market? Can Cisco continue to dominate the networking market? Are SaaS pioneers going to be disrupted by SaaS v2.0?
Read More >