What's Hot in Enterprise IT/VC - Issue #74

This week has all been about the big public enterprise companies - Dropbox with hugely successful IPO, Pivotal filing S1 showing growth of enterprise move to cloud native and Saleforce buying Mulesoft; also a great read from my partner Eliot Durbin on what we learned about Enterprise adoption of cloud native from our dinner with Bessemer Ventures

5 Things We Learned During Our Recent Cloud-Native Dinner

Last month, we hosted a cloud native infrastructure dinner with Bessemer Ventures, bringing together next generation startups and forward-thinking enterprises across the burgeoning NYC enterprise…

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Pivotal IPO Filing

Congrats to my friends @pivotal on IPO filing - shows the massive opportunity ahead as enterprises continue shift from legacy to cloud native infrastructure - still early but building fast

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Markets

​With MuleSoft, Salesforce gets a hybrid cloud play | ZDNet

Remember the No Software movement? ½ of Mulesoft revenue is on-prem - as enterprises move to cloud, it’s really hybrid cloud as so many legacy apps still can’t or shouldn’t be moved - “Salesforce’s acquisition of MuleSoft adds an integration cloud and a way to connect to more hybrid cloud deployments.”

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Salesforce Reaches Deal to Buy Cloud-Application Builder MuleSoft - WSJ

Salesforce.com is buying MuleSoft in a deal valuing the firm at $6.5 billion as Salesforce adds technology to help customers tap data from older computer systems as they move to the cloud.

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Dropbox Shares Leap in I.P.O., and Silicon Valley Smiles - The New York Times

Dropbox defies gravity with successful IPO, now above their last private market valutaion - a great example of bottom up expansion in the enterprise - “Shares of the file-sharing company jumped 36 percent on their first day of trading Friday. The debut is a promising sign for other start-ups.”

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Oracle Plunges the Most in Six Years - Bloomberg

Oracle Corp. tumbled the most in more than six years after forecasting slowing sales growth in cloud-related products, fueling concern that the company is struggling in efforts to shift away from traditional software and become a powerhouse in programs delivered over the internet.

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Enterprise Tech

Apple, IBM Debut Watson Services for Core ML for Corporate Developers | Fortune

big move from both - Apple to bring core ML to the Fortune 500, an area they’ve struggled to gain penetration in - Apple and IBM expanded their partnership and debuted Watson Services for Core ML for corporate coders exploring artificial intelligence.

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Stack Overflow Developer Survey 2018

Get insights on the world’s developers from the largest and most comprehensive survey ever. Demographics. Technologies. Salaries. Career satisfaction.

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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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