Tag Archives: Stanley Pierson of Pillsbury Winthrop

Jul. 24, 2012 SVForum PWC Mobile

On July 24, 2012, in Palo Alto at Pillsbury Winthrop, SVForum with PWC presented a Quarterly Venture Breakfast on Mobile. Stanley Pierson of Pillsbury Winthrop moderated panelists Steve Bengston of PwC, Bob Borchers of Opus Capital, Kim Morgan of Motorola Mobility and Venu Pemmaraju of Intel Capital. By definition the mobile market is in constant motion. Five years ago Europe’s infrastructure and Nokia led the way. Today, Apple’s iPhone and Google’s Android dominate the discussions. Five years ago most Facebook users were on PCs, now most are mobile as trend accelerates.

There are still challenges. Batteries face physical restraints that are addressed with software managing power. There is a debate about how much personal information should be on the device versus in the cloud. Content providers have to deal with smaller screens to accommodate advertising. Company brand managers now understand that an app can be the ad to target customers. Of course, making a purchase may not be easy. The promise of Near Field Communication (NFC) has bogged down in dealing with banks, carriers, device manufactures and merchants. The solution may already exist. Apple started iTunes selling music and then expanded to movies, television, movies, books and magazines. Amazon started selling books, but now you can buy appliances through them. How far away are we from buying a cup of coffee through iTunes or Amazon? Monetizing mobility is a moving target.

Copyright 2012 DJ Cline All rights reserved.

Apr. 10, 2012 SVForum PWC

On Tuesday April 10, 2012 in Palo Alto at Pillsbury Winthrop, SVForum presented the SVForum Quarterly Venture Breakfast with Pillsbury Winthrop and PricewaterhouseCoopers. The topic was of course “The Cloud.” Stanley Pierson of Pillsbury Winthrop moderated panelists Osman Ahmed of Scale Venture Partners, Steven Bengston of PwC, Aaron Jacobson of NEA and Peter Lee of Bessemer Venture Partners.

After Bengston gave his quarterly report on the growing concentration of venture capital in Silicon Valley, the panel discussed the cloud going mainstream. SAP bought Success Factors, IBM bought DemandTec and Oracle bought Taleo. Amazon continues to expand its cloud services to startups that want to scale quickly. As an example, Facebook paid a billion dollars for Instagram, a photo app company of twelve people that reached 30 million users in about a year. While not all deals will be as lucrative as Instagram, opportunities in the cloud exist in the enterprise, consumer, mobile, security and health sectors.

Copyright 2012 DJ Cline All rights reserved.