Open Source Puzzle
Last year, VLAB had a speaker event related to the open source industry. Douglas Leone, partner of Sequoia Capital, argued with Marc Fleury, Founder and CEO of JBoss, that Open Source companies can never be a BIG company. They can only be a 20-50 million (sorry, I forget the exact amount) business.
It is true that JBoss is acquired by Red Hat for approximately $350 million. But can Open Source companies succeed on their own? It will be interesting to see how things turn out in the future. Is it possible for a Open Source company going public, besides Red Hat, and continuing to have strong performance? We’ll see about that.
One of the more famous UCLA alumni, Guy Kawasaki, just had an interview with Marten Mikos, CEO of MySQL. If you are interested in the business model of Open Source companies, this article can definitely provide you some insight into this industry.
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An Inconvenient Truth, by AL Gore
Sorry that this post is not about business or any related topics. But this issue is directly related to us.
After you watch the movie “An Inconvenient Truth”, you sure can feel the passion of Al Gore on the problems of global warming. He has made the same presentation all over the world for more than [...]
The power of Sales (real stories)
These are two interesting stories that are very similar to the things I have written about in the previous article.
$5 Million in Cold Calls – Fortune Small Business magazine
This guy built his business to $5 million in annual sales by perfecting his sales technique. Very nice! Do you still think cold calling is not working?
Putting [...]
Sales Workshop - Part 1
In the last three months, I have a chance to attend a series of 4 sales workshops at UCLA Anderson School of Management, hosted by experts at Sales in different industries (Kate O’Phelan, Barry Sacks, Sanjit Singh & Bob Waldorf). Although I have only gone to 3 of the 4 workshops, I will try my [...]
Wharton Africa Business Plan Competition
I always believe a great business plan is indispensable to a successful corporation. I have tried a lot of methods to learn more about how to write a winning business plan. But this is not a simple task. You have to write something to ask some strangers, venture capitalists, to invest big money in your [...]
Concept to Company
While I was volunteering in MIT/Stanford Venture Lab (VLAB), I had a chance to meet with and listen to numerous CEOs and great executives. If you are living in Bay Area and interested in business, I can’t think of a reason that you don’t go to this SUPER GREAT event (http://www.vlab.org). Volunteers can also go [...]
Revalue the Yuan? Good or Bad?
After years of pressure from the U.S. government, China finally revalued its currency. Although Yuan only rises for 2%, creating a limited economic impact, this move can definitely ease the tension with the U.S., while these two countries are still having problems in the areas of intellectual property and textile production.
This news surprises me a [...]
Meeting Jack Welch
I have numerous special experiences when I study in Bay Area. But the most memorable one should be this one—meeting Jack Welch.
To be honest, although I intend to learn from the best business people in the US, I never anticipate that I could meet Jack, one of the legends in the business world, so soon. [...]
