Sodhani’s multi-billion dollar investments include major positions in Clearwire (recently announced) and over 400 other early stage startups. Below is a brief excerpt from the interview:
Interview with Arvind Sodhani: Intel Capital isn’t backing off on venture » VentureBeat
VB: How is the downturn changing what Intel Capital does?
AS: Not much has changed on our side. We will continue to invest. My belief, shared by the CEO of Intel, is that you continue to innovate in a downturn, and innovation doesn’t stop because of slowdowns. We’ll continue to invest in technology innovation. The good news is valuations will be more attractive. I think other investors will pull back. We have heard a lot of stories about the venture capital community pulling back. Depending on the life-stage of the fund, VCs are not funding existing companies or new companies.
Andrew Chen, who’s blog is a new addition to my regular feed, has a nice post about being an E-i-R and what he learned from working inside a Venture Capital firm.
I spent most of 2007 affiliated with Mohr Davidow Ventures, where I started out as an Entrepreneur-in-Residence, and then transitioned into a consulting role about mid-way through the year. It was a great experience –
Read his post here: Futuristic Play by Andrew Chen: Quick professional update, and what an Entrepreneur-in-Residence actually does
In the last year or so, the concept of storing large volumes of personal data online has begun to take hold among mainstream computer users. Online data storage has become abundant and cheap just as consumers have migrated to high speed data connections. While most people are still not comfortable with managing their files online – In my opinion this has more to do with clunky access to online files than with privacy – services like Mozy and Carbonite have ‘revolutionized’ the concept of data backup. Bill Burnham, however, provides some sobering thoughts about the rush to online data storage.
I think Bill is correct that we haven’t reached the online storage ‘holy grail’ yet. Services like the two I mentioned above are really nice and easy to use, particularly for those who don’t have the patience or foresight to backup on a regular basis. In fact, I use Carbonite to maintain a backup of my primary computer. I also, however, maintain an imaged backup of that same computer on another disk drive that is connected directly to it, and not dependent on internet connection speeds. Maybe I’m paranoid, or just the victim of previous backup disasters, but I like the added security of having the two pronged approach. Anyway, I think the online backup process will continue to improve and still should be used by those who don’t have any other standard approach to maintaining a reliable (albeit slow) backup process.
Carbonite is really easy to setup, and run….set it and forget it. The downside to a service like Carbonite is that it doesn’t offer remote access to the files that it backs up. The backup is done in an inaccessible, (and I’m assuming) proprietary format that can only be accessed to restore files, not to access them for general use.
This second part is where my frustration lies with the current set of online services. I’d like to be able to access my entire file structure in a manner that doesn’t require installing some proprietary software onto the PC that I happen to be using at the time. I’ve heard rumors that Carbonite may be introducing accessibility features in an upcoming release, but right now those are just rumors.
In the long run, as my Office 2.0 migration plans shake out, I plan to build and manage all my critical files directly on the internet through applications like Google Docs, Zoho Spreadsheet, Gliffy, and the like. In the meantime, I will continue to rely on a combination of Carbonite and local backup to keep my precious files safe.
It goes without saying that I believe WordPress is the best blogging application available today. This week Automattic, the company founded by Matthew Mullenweg – developer of WordPress, annouced it had received “a little funding“. That’s great news for all WordPress fans, especially those who use Automattic’s WordPress.com. Like most open source applications, not all of the credit for WordPress can go to Matt, however like most successful open source applications, Matt should get some financial rewards for his efforts to build WP into the great piece of software it is today. Automattic has a lot of other great applications on its plate, and this intial funding should help to secure the future of those as well. Congratulations Matt!
Om Malik points us to a pretty interesting startup company based in the Bay Area, Tello. The premise behind Tello’s technology is to provide us a sense of where a particular contact is available. In other words “Presence”, as Om notes. He points to several interesting articles, one from the Wall Street Journal and another from BusinessWeek, that describe the technology in greater detail. After sifting through these articles, I think I came to the same conclusion as Om did; this is great stuff, but I’m not sure how many people will adopt it….and the key to success in this type of technology is blanket adoption.