What's Hot in Enterprise IT/VC - Issue #51

surprise of week is Microsoft and AWS partnering on AI to offset Google Tensorflow adoption, Github crushing enterprise sales with $100mm or 50% of revenue from large orgs, and Dell investing over $1b in IoT and edge computing

Scaling Startups

Why Trello Failed to Build a $1 Billion+ Business – Noteworthy — The Journal Blog

Trello was a phenomenal acquisition at $425mm but Hiten Shah outlines how it could have been more - narrow in on use cases for paying users, move upstream to enterprise and add features for that, etc.


Enterprise Tech

New Worry For CEOs: A Career-Ending Cyberattack - WSJ

cybersecurity budgets going up, up, up - “Cyber threats have zoomed to the top of chief executives’ worry lists for fear a data breach could cost them their jobs and take down their businesses.”


GitHub's enterprise service brings in half its $200 million in sales - Business Insider

classic dev model - developer love, teams, and orgs/enterprises - go where the $$$ are - The company’s service has proven popular with Facebook, Microsoft and other Fortune 100 companies, but GitHub could face growth challenges ahead


Amazon and Microsoft are teaming up on A.I. without Google

whoa! - gluon open source front end to AWS MXNet and Microsoft Cognitive Toolkit - no Google!


Some thoughts on Cloud Foundry Summit – James Governor's Monkchips

Cloud Foundry continues to grow and membership is 40% of Fortune 500 - becoming the platform for enterprises to be agile


Dell Technologies Launches New IoT Division

this will be massive - edge computing and IoT - “Michael Dell said Dell Technologies will invest $1 billion in new IoT division over the next three years.”


Box’s dalliance with AI foretells a broader shift in content management | TechCrunch

super smart on Box strategy - “Levie said that Box decided to take a broad open approach to artificial intelligence, partly because it’s so early and partly because there are range of large tech companies doing important work, and he doesn’t want to hitch his company’s wagon to any single approach.”



Nobel in Economics Is Awarded to Richard Thaler - The New York Times

a must read - Thaler and Behavioral Economics can be applied to much of what we do - the basis is that human beings aren’t that rational



Cybersecurity risk-monitoring platform SecurityScorecard raises $27.5 million from Nokia, GV, Intel, Sequoia, others | VentureBeat

Congrats to Security Scorecard - been great to partner from seed to Series C to create a new category in 2013 -

“Cybersecurity rating and risk-monitoring platform SecurityScorecard has raised $27.5 million in a series C round of funding led by Nokia’s global venture capital (VC) arm, Nokia Growth Partners (NGP).”


By Ed Sim

Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity

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