How about getting a QA job in Bangalore? Take a look at this line on a Saturday afternoon. There are over 1000 people in front of Xora’s (a fund investment) office. Sanjay Shirole, CEO of Xora, definitely runs a hot company in the wireless GPS space, but when I saw this picture I couldn’t have [...]
The next tech powerhouse?
Oct 12, 2006
in Globalization
In a recent Barron’s article on Cisco titled "Getting the World WIred (sorry, sub required)" is an interesting comment from CEO John Chambers:While these new technologies are giving Cisco’s current customers reason to upgrade, Cisco also is seeing growth of nearly 50% a year in its sale of networking systems in emerging markets like Saudi [...]
Globalization and the world economy
Sep 20, 2006
in Economy, Globalization
I remember 2 years ago the brouhaha over globalization and how every startup needed to adapt or it would die. I truly am a fervent believer in globalization and how offshoring some development work can make a ton of sense from a cost and time advantage (24×7). As I look across our portfolio, what is [...]
Successful offshore practices – let them work on your crown jewels!
Jan 31, 2006
in Entrepreneurship, Globalization
The buzz around offshoring has certainly died down over the last year. For a period of time, you could not pick up a magazine or read a newspaper without a lead article on the dangers of offshoring. I had dinner tonight with a portfolio company CEO who has managed to shift most of his resources [...]
Venture capital in China
Apr 29, 2005
in Globalization, Venture Capital
I recently caught up with my friend Derek Sulger, founder of Linktone (Nasdaq: LTON) and current founder and CFO of Smartpay, a Paypal-like play in China (I really like what Derek is doing with this one-no credit in China, use the mobile phones for debiting from bank accounts). Derek and I are college friends and [...]
Moving up the food chain
Sep 8, 2004
in Globalization
Normally I do not read too much into press releases on industry hires but I found this one interesting on many levels. Intel, a tremendous brand in its own right, hired a marketing executive from Samsung, a Korean company. Most people assume that the US’ competitive advantage over the rest of the world lies in [...]
Global expansion
Aug 6, 2004
in Globalization
We are truly living in a global world these days. Many startups I meet with today are either taking advantage of offshore development or have pushed up plans to expand sales internationally. Given the broader scope of this trend, I have changed the category name Offshore Resources to represent a broader theme, Globalization. While taking [...]
The increased cost of offshore development in India
May 11, 2004
in Globalization
In our weekly partner’s meeting yesterday, we ended up in a discussion about the progression of offshore development in a variety of portfolio companies. In the end, the companies that were doing the best job with development were the ones that had their own operations offshore. While a couple of our companies chose to use [...]
The Globalization of Education
Mar 22, 2004
in Globalization
Jerry Colonna and I had an interesting dialogue on the topic of utilizing offshore resources. In the end, Jerry and I advocated that education is the key to long-term success for the US. Offshoring of jobs will continue to happen, and it makes sense economically. However, in order to maintain our lead in the US, [...]
Lunch with Pat Cox-thoughts on offshoring
Mar 19, 2004
in Globalization
On Wednesday, I had the pleasure of attending a small group lunch in honor of Pat Cox, President of the EU Parliament. It was quite a treat as I got to hear his viewpoint on Spain, terrorism, immigration, and offshoring amongst other things. Since I tend not to write about politics, I thought I would [...]
Ed Sim is founder of BOLDstart Ventures and co-founder of Dawntreader Ventures. Mr. Sim has over 15 years of venture capital experience having led seed and first round investments in a number of high profile Internet and software companies.
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