Culture : Sequoia Capital : US Neuroscience Research, Gatsby Charitable Foundation Read India, William & Flora Hewlett Foundation Linked Learning, James Irvine Foundation The Investors Who Want to Hear About your Open Hardware Startup Some are talking about a Hardware Renaissance, but not everyone agrees that it’s already here. Venture capitalists are still very shy with hardware companies: they know it requires money and a deep knowledge of the manufacturing and distribution process to make it work. Risks are still higher than with software. ”Investors have a deep-seated bias against hardware.” Paul Graham, Y Combinator. However, the gap between software and hardware is not as wide as it used to be.
Index Ventures returns to roots with seed investment initiative European firm Index Ventures is to return its sights to early stage investing as falling costs increase the profitability of seed technology investment. Index said that it aims to carry out around 20 seed deals over the next two years, ranging from angel-level investments of $50,000 up to $1m. The firm has made seed investments since its inception in 1996 but, as it has grown, the focus has shifted further along the venture capital spectrum.
Accept Cookies A worknet is the term coined to describe a group of online participants and applications to collaborate a certain cause or purpose. It is an area that is concerned with the intersection of organizational behavior and computer science. The activity is called worknetting and was described in 2007 as a new trend for 2008 in the bulletin for marketeers  and was further discussed and developed at the Web 2.0 Expo 2008  in San Francisco.
VC Pitches In A Year Or Two Entrepreneur: I plan to launch a better streaming music service. It leverages the data on what you and your friends currently listen to, combines that with the schedule of new music launches and acts that are touring in your city in the coming months and creates playlists of music that you should be listening to in order to find new acts to listen to and go see live. VC: Well since Spotify, Beats, and Apple have paid all the telcos so that their services are free on the mobile networks, we are concerned that new music services like yours will have a hard time getting new users to use them because the data plan is so expensive. We like you and the idea very much, but we are going to have to pass. Entrepreneur: I plan to launch a service that curates the funniest videos from all across the internet and packages them up in a 30 minute daily video show that people will watch on their phones as they are commuting to work on the subway.
balderton capital April 1st, 2014 BALDERTON CAPITAL raises $305m Series A venture fund to invest in European technology start-ups London, 1st April 2014 - Balderton Capital, one of Europe’s largest venture capital investors and behind breakthrough successes such as Betfair, Lovefilm, MySQL, NaturalMotion and Yoox, has announced the closing of its fifth European fund, raising a further $305 million and bringing its total funds to $2.2 billion to invest in European technology start-ups. Nordic investor Conor reaches €46.5m first close of early stage Finland early stage investor Conor Venture Partners has reached the first close of its second fund targeting technology investments in the Nordic and Baltic regions. Conor Technology Fund II has received €46.5m in commitments for its first close, with investors including the European Investment Fund, Finnish Industry Investment, Etera Mutual Pension Insurance Company, Veritas Pension Insurance Company, Atine Investment Partners and a fund of funds managed by Finnish Industry Investment. “We have followed Conor since its establishment in 2005 and our investment is proof of our continuing support for this excellent team. It also fulfils the objective of the EU Competitiveness and Innovation Framework Programme by encouraging the development of entrepreneurship and innovation in the region,” said John Holloway, director of transaction and relationship management at the European Investment Fund.
Growing up: How OpenStack could become the go-to choice for private and public clouds Last week’s OpenStack: Breaking into the Enterprise event made one thing clear: the battle for the public cloud is just beginning, and enterprises are starting to see open-source cloud software OpenStack as a worthy challenger. Today, three and a half years after OpenStack’s inception, it’s easy to forget that it was a defensive move, made at a desperate time. Rackspace needed a weapon to defend against the tidal force of Amazon Web Services. It realized that even as a multibillion-dollar company and a leader in the hosting world, it could not go it alone in the transition to public cloud. Today, the OpenStack Foundation has more than 200 members, and there is an amazing amount of activity and interest in OpenStack clouds from enterprise customers. At the last week’s event in Mountain View, I was taken aback by some of the deployment stories and plans from companies like PayPal, eBay, Best Buy, and PARC (a Xerox company) to implement OpenStack across enterprise infrastructures.