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Written by: In: Summer 2010

13 Jul 2010

So this week our research reports are due! I’m working on tackling social networks, 4G, WiMaxx and other infrastructure components. I’ll also be evaluating companies in True’s portfolio in that space as well as looking for new ones. We also have a pretty cool idea to incorporate into our final report which should turn out awesome!

One interesting trend that I’ve been noticing is kind of the pullback of cloud computing. At first, there was a push to get everything into public clouds. Now that security and legal concerns are at the forefront of cloud computing, it seems private clouds will be favored over public ones. When a new idea comes along its easy to get excited at its potential for quick deployment, but its important to remember that things still take a while. Private cloud usage will grow and little by little clouds will become hybrid until the majority of servers operate in public clouds.

Back at the office, I’m focusing on Crossing the Chasm (reference to Geoffrey A Moore’s book by the same title). In the technology adoption cycle, there is essentially a chasm between the innovators and early majority. Basically, what it boils down to is innovators are looking for a product that lends a noticeable leap in productivity and don’t really mind having to change platforms. The early majority however is much for conservative and doesn’t want a product that they need new infrastructure for. These two groups don’t talk to or reference each other, so bridging the gap in marketing can be difficult. In his book, Moore outlines a strategy for crossing said chasm. I’m working to incorporate the strategies he mentions into our business model so that our business can flourish.

And that brings me to another thing – sometime last week I stopped referring to Inventables internally as the website but now call it our website. Interesting. I guess I really am part of the team now! Must get back to work – caio!

1 Response to Our Website

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Long Goodbyes and Customer Developement - True Ventures TEC Program

August 3rd, 2010 at 12:32 am

[...] Accordingly, it is important that you develop your product with customers in mind. This is turn does two things for your business. For one, it ensures that when you release the product it is actually useful to somebody. Secondly, working with customers early on sets them up to be the first buyers to your product – the innovators and early adopters. [...]

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What is TEC?

The True Entrepreneur Corps is an internship program developed by True Ventures to pair undergraduate students with our portfolio companies for a summer of learning and innovation.

This summer, participating True companies include bloomspot, BrightRoll, Fitbit, Kiip, KISSmetrics, Loggly, Schematic Labs, Socialcast, Sparked, Tello, WeGame, and a stealth company.