06-07-10 | Blog Post
While reading an article in the March 22nd edition of NETWORKWORLD by Jon Brodkin entitled “DEMO start-ups for the cloud”, I made note of a particularly interesting quote by Jeff Crown, president of DEMO, presenter at VenueGen, that “ this is a tough time for start-ups looking raise venture capital.” Venture capitalists are looking for companies that are both targeting a rich market and have already demonstrated progress in winning over customers.
Since a lot of these startup companies are struggling for capital it makes sense that they would largely benefit from a CAPEX service like cloud computing and managed server type services.
Is anyone else witnessing this phenomenon?
While reading an article in the March 22nd edition of NETWORKWORLD by Jon Brodkin entitled “DEMO start-ups for the cloud”, I made note of a particularly interesting quote by Jeff Crown, president of DEMO, presenter at VenueGen, that “ this is a tough time for start-ups looking raise venture capital.” Venture capitalists are looking for companies that are both targeting a rich market and have already demonstrated progress in winning over customers.
Since a lot of these startup companies are struggling for capital it makes sense that they would largely benefit from a CAPEX service like cloud computing and managed server type services.
Is anyone else witnessing this phenomenon?
