Jeff Bezos at Wired: Disruptive By Design Conference
I attended the Wired: Disruptive by Design Conference earlier today at the Morgan Library in NYC. One of the best sessions was of course with Jeff Bezos, CEO of Amazon.com. I have an incredible amount of respect for Jeff, not only because he stayed true to his strategy in spite of an incredible amount of [...]
Read Full Post | Make a Comment ( 4 so far )LTV: Another Metric in SaaS?
I recently had an interesting conversation with a very smart hedge fund buddy of mine. We were of course talking about investment ideas, given many of us were holding either cash or gold, and I threw out Salesforce.com. It is generating 15-20% free cash flow margins, growing revenues at 30%+, with a solid recurring base. [...]
Read Full Post | Make a Comment ( 5 so far )Is Cloud Computing Stupid?
This was the supposition of Richard Stallman, founder of the Free Software Foundation. As a venture investor hoping to invest in businesses that are ultimately profitable, with strong customer stickiness, and sustainable defensibility, you might be shocked to hear that I find some of Stallman’s assertions to be quite reasonable. The cloud does have the [...]
Read Full Post | Make a Comment ( 4 so far )What is Cloud Computing?
Given Larry Ellison’s recent objections to the term “cloud computing”, and that I will likely write about the space often, I thought I would take a shot at defining things that get lumped into the term.
I tend to agree that “cloud computing” is an abused term, but I believe if you parse the various [...]
