Summit Notebook

Even the best VCs strikeout — a lot

May 19, 2010

venture
Got access to a couple million bucks and want to be a venture capitalist? A miner of start-up business gold? Then get used to being wrong.

VC’s Lament: the ones that got away

May 18, 2010

Vic Gundotra, Vice President of engineering at Google (R) and Omar Hamoui, founder and CEO of AdMob converse during the "Mobile: Where's The Money Going?" panel at the Fortune Tech Brainstorm 2009 in Pasadena, California July 23, 2009. REUTERS/Fred Prouser
Whether it’s passing up on a ticket to Woodstock or not buying Apple stock at $80 a share in January 2009, everybody has regrets.

from MediaFile:

Want an in with Kleiner? Send a drawing

May 18, 2010

For Matt Murphy, partner with influential Silicon Valley Venture fund Kleiner Perkins and point person on the firm's iFund, old-school is still the way to go.

from MediaFile:

Speak, memory! The eternal search for notebooks with flash drives

May 18, 2010

Good news for us computer geeks! PCs are nearly ready to ditch hard drives for faster, less energy-intensive drives with flash memory, like in a camera or cell phone, according to memory maker Micron, which ought to know. That is exciting news for victims of crashed hard drives and people who always want something new.

from MediaFile:

“The Cloud” overhyped? Brocade says not there for business yet

May 18, 2010

Say it's not so -- 'the cloud' isn't ready for prime time? That's the view from networking company Brocade, whose marketing chief compared the hype to the rush years ago to call center outsourcing.

More or less fun in a recession? It’s a tough call

By georgina prodhan
May 17, 2010

EA_Jens_Uwe_Intat_SVP_Reuters_Summit_Paris_2010_17_May_30pctStill unsure whether economic recession is good or bad for video-games sales, more than a year in? If so, you’re in good company — neither does the world’s biggest games publisher. Electronic Arts’ head of European publishing says the company still hasn’t figured out whether people cut spending on big items like housing and cars first, or whether those kinds of decisions are just too hard.

from MediaFile:

Verizon Wireless CEO: We don’t need the iPad — yet

May 14, 2010

Verizon Wireless
Verizon Wireless CEO Lowell McAdams kindly spent some time with us this afternoon and spoke at length about the future of LTE (Long Term Evolution) 4G high speed Internet from the No.1 U.S. wireless phone company.

from MediaFile:

Microsoft CFO: Likes iPad, loves Ballmer: apps? meh

May 14, 2010

Microsoft CFO Klein

Three things we learned from chatting with Microsoft CFO Peter Klein: for one, he's a big fan of his boss, CEO Steve Ballmer, despite their contrasting interview styles (Klein is even tempered; Ballmer is famously energetic, which I've witnessed first hand).

from MediaFile:

Islamic Banking & Finance set to attract more attention in 2010

February 12, 2010

Islamic banking is one of the world's fastest growing financial sectors, according to industry estimates. It has attracted more attention in the aftermath of the global financial crisis as investors are increasingly looking for alternative, ethical ways of investing. This has also intensified a debate within the industry on whether it should move further away from conventional banking, designing products based more directly on Islamic principles. Global issuance of Islamic bonds, or sukuk, is expected to fall this year from 2009 levels, a recent Reuters poll showed, as the Dubai debt crisis and an expected rise in borrowing costs weigh on market sentiment. In the Gulf Arab region, a funding crunch at Bahrain-based Islamic investment house Gulf Finance House shows that the financial crisis is far from over in the region and that the industry urgently needs to develop new products and business lines to generate revenues. CEOs and other top names will discuss these and other topics in a series of closed on-the-record interviews at the Reuters Islamic Banking and Finance Summit, to be held in Dubai, Manama, Kuala Lumpur, London, Geneva and Jakarta on February 15-18, 2010.

from MediaFile:

Soccer clubs and mortgages: How a media mogul spends $10 million

December 4, 2009

Unlike many of us, media executives know what it’s like to play around with large wads of cash. So it seemed natural to ask them about what kind of investment opportunities they’re seeing when they gathered in New York this week for the Reuters Global Media Summit.