On April 20, 2010 at Pillsbury Winthrop in Palo Alto, SDForum held the Quarterly Venture Breakfast Series in collaboration with PWC. Allison Leopold-Tilley of Pillsbury Winthrop moderated panelists Stephane Berthier of PricewaterhouseCoopers, Asheem Chandna of Greylock, Peter Sonsini of NEA and Andy Vitus of Scale Ventures. They discussed the growth of cloud players from Amazon, Google and Microsoft down to startups looking for their first round of funding.
While aware of trends and fads, venture capitalists look for the black swan. They want the entrepreneur with the track record and passion who understands how their product fits in an existing or entirely new market. While Amazon dominates the cloud infrastructure space with its ability to supply servers, there are many opportunities in applications, security and databases. MySql does not seem to be able to scale well in the cloud and that is an opportunity for some entrepreneur.
Copyright 2010 DJ Cline All rights reserved.