What's Hot in Enterprise IT/VC - Issue #48
MongoDB files for IPO - revs growing but so are losses, great report by PWC on Applied AI and lots of news on blockchain as Vitalik says will match Visa scale in transactions
Scaling Startups
How Much Should A SaaS Startup Invest in Sales & Marketing?
great post by Tom on Sales & Mkt metrics for SaaS cos
Enterprise Tech
Scourge of Outdated Software Creates Massive Cyber Risk,WSJ
lots of issues here including terrible architecture but patching open source is a must have (see portfolio co Snyk.io which does this for devs)
PwC’s Global Artificial Intelligence Study: Sizing the prize
great market overview from PWC on AI
Pandit Says 30% of Bank Jobs May Disappear in Next 5 Years
wow, that’s a big number driven by automation and AI
Markets
Database provider MongoDB has filed to go public | TechCrunch
go MongoDB - NYC infrastructure co files to go public - growing revs but still burning cash
Ethereum will match Visa in scale in a ‘couple of years’ says founder | TechCrunch
bullish on blockchain - still needs work to get to scalability
“The mind behind Ethereum, Vitalik Buterin, is matter-of-fact about the crypto. In short, he believes what interviewer Naval Ravikant called "brain virus” is..“
boldstart
Manifold Connect Developers with Services Across Any Cloud
about time - (full disclosure a boldstart investment) - freeing developers to find, buy and manage their favorite services independent of cloud
Blockchain History? IBM Ventures Is Close to Making Its First Industry Investment, CoinDesk
nice mention of boldstart as IBM making big push into enterprise blockchain, looking to put venture $$$ to work
By Ed Sim
Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity
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