Venture Capitalists Should Focus On The Cloud

Venture capitalists should focus on the Cloud

Cloud-based computing, software as a service (SaaS) and mobile are the next wave of technology, according to Jos White, one of the founders of MessageLabs, a cloud-based anti-virus and anti-spam company.

In an interview to The Wall Street Journal, Europe, Jos White- who now runs venture capital firm Notion White- encouraged venture capitalists to orient themselves along similar lines. However, the ride may not be easy given the nature of highly-divided, highly-fragmented European tech market.

MessageLabs founders faced tough market conditions when they launched their business in 2000. Operating from a converted barn in the heart of the British countryside in Gloucestershire, they tackled all sorts of business issues and survived the 2008 financial crisis.

White attributes the popularity of MessageLabs to the little tag they added to every email they processed. Although this concept was not unique the company perfected the art and ultimately got them a big customer base.

White also mentioned how they made $700 million when they sold their company to Symantec in 2008 and instead of retiring, invested the money to fund Norton in 2009.

White has worked in both Europe and the U.S and now invests primarily in SaaS related companies.

It is a real cliché but in America if you fail they genuinely think you are therefore better prepared to succeed the next time and here if you fail they say you should go and get a proper job,” said White in a statement to The Wall Street Journal, Europe.

He continued: “I think in Europe, there are far too many [V.C.] teams that just have a finance background. That’s partly because there are not the serial entrepreneurs around for them to start being investors.

An investor, for me, is someone that is able to invest not only their money but also able to bring to the table relevant experience of the problems and the challenges and the opportunities you are facing.

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

Eventually Everything Will Wind Up In The Public Cloud

Eventually Everything Will Wind Up In The Public Cloud

The Public Cloud “Eventually everything will wind up in the public cloud.” Diane Greene, Google’s New Cloud Chief, May 6, 2016 “Private cloud is what most companies are adopting.” “No, public cloud is better and will dominate in the end.” “Nonsense, hybrid cloud is the way to go.” Need an answer? It’s in Manitoba! CIOs…

How Will The Internet of Things Affect The Business World?

How Will The Internet of Things Affect The Business World?

Internet of Things and the Business World? Experts predict that by 2020, the Internet of Things will have a market greater than $1 Trillion, yet despite it being the new buzzword, many people have no idea how this predicted revolution will shape the business world. We’ve all heard predictions of various appliances with sensors, wearable…

What Technology Can Displace The Password?

What Technology Can Displace The Password?

The Future Password Many people shout that the password is dead or should be killed dead. The password could be killed, however, only when there is an alternative to the password. Let us think about what technology can displace the password. Some people might say that multi-factor authentications or ID federations will do it. It is not…

Turning Up Cloud Security Before It’s Too Late

Turning Up Cloud Security Before It’s Too Late

Securing The Cloud By the end of 2015 the cloud computing industry reached an all time high of $120 billion dollars. This has been supported by a number of facts including rapid elasticity of clouds. They can be expanded, redefined and reallocated within a matter of minutes upon business requirements. Cloud computing has changed the dimensions…

Personal Space And The Internet of Things (IoT)

Personal Space And The Internet of Things (IoT)

The Internet of Things (IoT) There is a long time concept of the personal area network or PAN. For all intent and purposes this is the maximum distance a Bluetooth device can move away from the host and still be functional. As I read the many wonderful pieces on the explosion of IoT and wearable…

New Smartphones From Apple, Samsung and HTC Promise To Light Up 2016

New Smartphones From Apple, Samsung and HTC Promise To Light Up 2016

New Smartphones from Apple, Samsung and HTC (Sponsored post courtesy of Verizon Wireless) The launch of the Galaxy S7 Edge at the Mobile World Congress in Barcelona during February was the first shot in a vintage year for mobile phones. The S7 is an incredible piece of hardware, but launches from HTC and Apple later in the…

Featured Sponsored Articles
How Successful Businesses Ensure Quality Team Communication

How Successful Businesses Ensure Quality Team Communication

Quality Team Communication  (Sponsored post courtesy of Hubgets) Successful team communication and collaboration are as vital to project and overall business success as the quality of products and services an organization develops. We rely on a host of business tools to ensure appropriate customer interactions, sound product manufacturing, and smooth back-end operations. However, the interpersonal relationships…

Featured Sponsored Articles
How To Develop A Business Continuity Plan Using Internet Performance Management

How To Develop A Business Continuity Plan Using Internet Performance Management

Internet Performance Management Planning CDN Performance Series Provided By Dyn In our previous post, we laid out the problems of business continuity and Internet Performance Management in today’s online environment.  In this article, we will take a look at some of the ways you can use traffic steering capabilities to execute business continuity planning and…

Featured Sponsored Articles

CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Sponsor