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).

AT&T: Netbooks key to expansion beyond cellphones?

May 19, 2009

AT&T says it sees a lot of promise for the netbook and the connection fees that come with the devices as a growing source of revenue as consumers look to take broadband connectivity on the road. But will consumers be as enthusiatic to sign another contract for the service? Click below to hear AT&T’s President of Mobile & Consumer Markets talk about what he sees as the future of the netbook.

Say what? I could have had me a download on my old Nokia?

May 19, 2009
At least 100 million users of Nokia smartphones have been kept in the dark about opportunities to download software applications years before Apple launched its AppStore, says Lee Williams, Executive Director of the Symbian Foundation. ”It’s actually probably one of the biggest marketing mistakes… certainly in the mobile industry, for as long as I can remember,” Williams said at the Reuters Technology Summit.  “Somewhere between 100 and 125 million units have shipped with that capability. There’s been a download facility in 100-125 million phones,” he said.  And who’s ever spoken about it? Does anybody know it’s there?… Maybe 10 percent have ever even loaded a third-party application onto their product.” So is Apple getting credit for other people’s work? “Absolutely. I was laughing out loud when I saw the iPhone OS3 launch,” Williams said, adding that what was tagged as the world’s most advanced mobile OS (operating system) features, Symbian had had for 3-5 years.

Williams did credit Apple with one thing — a knack for design:  ”They pioneered new ground by taking this beautiful display size and doing a display-only product. That was pioneering”.  Symbian software is used in about two-thirds of all smartphones but of course not in the hugely popular Apple iPhone.