Liveblogging Global Open Source: VC Panel - Where’s the money?
Global Open Source: VC Panel: Where’s the money?
* Kevin Efrusy, Accel
- must be THE company not A company
- great for the developer who works under a boss who “buys
software he learned about in an airline mag” and who could have completed
the project in the time taken for the server req. [Comment: story of
my life]
_ usage talks
- better to measure production heartbeats than downloads or heaven
forbid, feature count
- os fastest to global but another microsoft? It’s questionable
- downloads gameable - downloader is unlikely convert, -not decision
maker
- you have to sell this stuff, you must sell - money doesn’t just flow
through the home page through happy users this is not what happens
- 2 stages: ubiquity then money
- downtime terror drives paying customers
- sox inhibits ipo goals
* Vineet Buch, Blue Run Ventures
- if you don’t control it someone will give it away for free
- new concept that os is rational choice
- devs in Bangalore hit now by US recessipon
- very early stage, dinner napkin stage
- fire sales from direction disagreements
- acq may be better than ipo with couple of recent examples
* John Occhipini, Woodside Fund
- continued thirst for acqs until big co’s are in os
- global base to avoid recession
- recurring revenue stream
- product + service to run it in cloud model
- repeat entrepreneurs get napkin funding easier
- quality inside sales in marketing model
- speed of community important
- legacy proprietaries still need to migrate, this will drive hi$ acqs
* Philippe Cases, Partech
- microsoft WAS rhe low cost provider
* moderator Joe Brockmeyer, Novell
[Namedrops: recession, add-ons]