On Tuesday, April 23, 2013 in Palo Ato at Pillsbury, SVForum presented the PwC Quarterly Venture Breakfast topic “Forecast for 2013 & Beyond: Cloudy with a Chance of…” Stanley Pierson of Pillsbury moderated panelists Arif Janmohamed of Lightspeed Venture Partners, Peter Lee of Bessemer Venture Partners, Rajan Raghavan of The Fabric and Jasmin Young of PwC. They discussed how businesses to will have to create hybrid clouds to keep up with huge amount of data generated by consumers on their mobile devices. They also discussed the confluence of SMAC (Social, Mobile, Analytics and Cloud). SMAC is the ability to process who a person is, where they are and what they are doing. Combined with the low cost of cloud computing, this combination will drive growth over the next few years. The opportunities are in helping businesses with integration, security, storage and analytics.
On August 8, 2012 in Palo Alto at Cooley LLP, SVForum’s Main Event topic was “Raising Capital for Early Stage Technology Companies.” Greg Clark of Cooley LLP moderated panelists Jim Connor of Sand Hill Angels, Michael Harries of Citrix Startup Accelerator, Saad Khan of CMEA Capital and John Suh of Hyundai Ventures.
They discussed how even with reduced costs of startups and supportive incubators, companies still need venture capital. The options range from Ron Conway’s portfolio strategy angels to Mike Maples and his “Thunder lizard” to Band of Angels, Sand Hill Angels, and Angels’ Forum. Many investors are looking at social, mobile and big data because of the lower barriers to entry. An ideal candidate would be an experienced engineer leading an energetic team with an existing revenue stream and a business plan to sell the startup to a larger buyer like the Instagram Facebook acquisition.