Only couple of weeks ago, Uber got $1.2B funding on a valuation of $41B!
Earlier this year, Facebook paid over $19B to acquire WhatsApp. Dropbox is
valued at $10B. All these three companies are less than five years old. What
is going on? Is it a tech bubble seen earlier? No, it’s a start-up wealth
gap as per Newsweek article by Kevin Maney.
Here is an interesting finding! A new study, which analyzed valuation data
on thousands of tech startups, found that winning companies born since 2009
get to super-high valuations three times faster than companies started in the
early 2000s. Looked at another way, this says that if a company is going to
reach a $1 billion value, it will do so in one-third the time that climb
typically took just a decade ago. Of the 80 companies that hit $1 billion,
half are what the study calls Category Kings—companies that define and
The World of Hadoop and Beyond
Hortonworks went through an IPO last Friday, December 12, 2014. It’s
initial price of $16 soared by 60% immediately after. Today the stock price
is $24.70 with a market cap of $1.02B. Another billion dollar club member.
They compete with Cloudera and MapR in packaging the open source Hadoop
platform for customers. How do they make money when the basic Apache Hadoop
is free? – by offering added services like training and consulting. They
can also add auxiliary products (not open source) that customers must pay
for. The interesting fact is that Horto... (more)
Apple reported record sales in the most recent quarter, thanks to its
upgraded iPhone line. But it was almost alone among the big technology firms
in doing so. Profits reported for the same period, have fallen at Google as
well as at IBM, SAP and VMWare.
IBM has done more financial engineering than the real kind in recent years by
its $100 billion buyback of its own shares since year 2000. It has shed less
profitable assets, but now lacks a big fast-growing business. It even started
layoffs in India recently. The earnings at VMWare dropped because of a recent
acquisition. Some ... (more)
Intimate Symbiosis – the Apple Watch
A recent Time magazine essay on the Apple Watch said, “The Apple Watch
represents a redrawing of the map that locates technology in one place and
our bodies in another… The Apple Watch signals the advent of of an
“always-on Internet”, an Internet that can not be put away. We are used
to dabbling just our fingertips in the Internet, but the Apple Watch
doesn’t stop there. It tracks your movements. It listens to your heartbeat.
It puts your whole body on-line”.
What we saw this week at Apple’s big announcement is the ushering of a new
era via... (more)
Much discussion has been going on the new phrase called Data Lake. Gartner
wrote a report on the ‘Data Lake’ fallacy, saying to be careful about
‘data lake’ or ‘data swamp’. Then Andrew Oliver wrote in the
InfoWorld these beginning words, “For $200, Gartner tells you ‘data
lakes’ are bad and advises you to try real hard, plan far in advance, and
get governance correct”. Wow, what an insight!
During my days at IBM and Oracle, Gartner wanted to get time on my calendar
to talk about database futures. Then afterwards, I realized that I paid
significant fee to attain the Gartner conf... (more)