The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
Image via WikipediaBusinessWeek: HP, Oracle Lead Acquisition Spree Tearing Down Tech Barriers: broken down decades-old barriers between industries ..... HP, Oracle, IBM, Cisco Systems Inc. and Dell Inc., with a collective $100 billion in cash, have said they plan to keep making acquisitions. ..... The buyers are pursuing a vision of cloud computing, which lets customers store their software in massive data centers, rather than in the computer room down the hall. Record- low borrowing costs have helped spur the deals. ..... “Nobody wants to be Californicated by Cisco.” .... Oracle, the world’s second-largest software company, snapped up almost 70 companies in the past five yearsI am putting my money on Larry Ellison. The guy, for one, has a track record, and a loud mouth, and a big stick. I don't know if you have been following, but the dude spent the past few years eating up all the small fish in his pond. He bought company, after company, after company. PeopleSoft made news, the rest did not make the same kind of news.
Image by Zach Klein via FlickrChris Dixon's is a good blog to follow if you want to keep abreast developments in the fast churning VC industry. He is an entrepreneur and one of those angels that you will read about a lot, people who are changing the face of the game. Chris Dixon: The segmentation of the venture industry: Venture capital has only existed in its modern form for about 35 years. ...... “customers” (entrepreneurs) have flocked to more specialized “products.” ...... segmentation by company stage. ..... The segmentation of the venture industry is healthy for startups and innovation at large, even if at the moment it might be uncomfortable and confusing for some of the people involved.I like his conclusion here. He says, and I agree, that the churn has been healthy and the segmentation has been welcome.
Chris Dixon: If you aren’t getting rejected on a daily basis, your goals aren’t ambitious enough: My most useful career experience was about eight years ago when I was trying to break into the world of VC-backed startups. I applied to hundreds of jobs: low-level VC roles, startups jobs, even to big tech companies. I got rejected from every single one..... I had a strange resume .... I probably got rejected by someone once a day last week aloneAnd I am thinking the guy still has a strange resume.
OnStartups.com: Why Every Entrepreneur Should Write and 9 Tips To Get Started: If you asked me to tell you a list of three of the best decisions in my life, I can certainly tell you that regularly writing is one of them...... Writing on a regular schedule takes a lot of discipline, just like going to the gym or practicing a new martial art. ..... If you keep yourself dedicated to writing on a consistent schedule, those important values will carry over to other facets of life including startups. ..... By putting yourself out there and making yourself open to meeting as many people as possible, serendipity is much more likely to happen. ..... The majority of good things that have happened to me in business can be traced back to my writingThere are more great VC bloggers than there are great entrepreneur bloggers, and I have long wondered why. I have also long felt that situation needs to be rectified.
Image by plαdys via FlickrBen's Blog: Ben Horowitz: In Defense of Standards, Ethics, and Honest Financial Reporting at Hewlett-Packard: my business partner, Marc Andreessen, is on the board of directors of Hewlett-Packard. I note that I have no inside information, and this blog post is based purely on published material. In 2007, I sold Opsware, the company that I founded and ran to Hewlett-Packard for $1.6B. I worked at Hewlett-Packard from 2007 to 2008 as an executive in the software business. Recently, my old company Hewlett-Packard has been in the news—and not in a good way. ....... HP employs over 300,000 people. ..... Jodie Fisher had more access to the CEO and was paid more than 99.9% of HP’s workforce, despite having no traditional qualifications. ...... It is not an easy thing to fire a popular, highly successful CEO.Something tells me this drama is far from over. The Oracle-HP alliance is now a full blown rivalry. This is about money. Like they say, follow the money. Oracle is now firmly in the hardware business as well, and HP feels eaten up. Oracle can do hardware, but could HP do Oracle-like software?
New York Times: A Double Standard at H.P.: Oracle and H.P. had once been the closest of partners, with the latter selling the industrial-strength hardware that ran Oracle’s industrial-strength software. But that partnership appears to be dissolving. ..... Larry Ellison, Oracle’s flamboyant founder ..... “Hiring him had nothing to do with fighting Oracle,” said Ray Lane, the former Oracle (!) president who is set to become H.P.’s chairman next month. “The board chose Léo because he was the best available athlete.” .... Apotheker was likely to further traumatize the already demoralized H.P. staff. ..... “If you wanted to find someone who represented the diametrical opposite of the H.P. way, it is Léo,” said Jason Maynard, a veteran technology analyst with Wells Fargo Securities. “He is tough as nails and chews glass for breakfast.” ...... the same board that viewed Mr. Hurd’s minor expense account shenanigans as intolerable has chosen as its new C.E.O. someone involved — however tangentially — with the most serious business crime you can commit. ..... the chance to embarrass H.P. and its new C.E.O. is likely to be irresistible to Oracle and Mr. Ellison. Which will mean yet more egg on the faces of the H.P. directors.
