Tonight I attended an event put together by SVCWireless: 2009: Best of Times or Worst of Times? – Venture Investments in Mobile/Wireless.
Since my notebook did not have Internet connectivity, I resorted to by Blackberry to tweet notes about the event. You’ll need to read from the bottom up as the last tweet is the start of the event.
from TwitterBerry (@mobileslate) I used #SVCWireless as my hash tag for the event.
Related Posts:Advice for entrepreneurs: Imagine the end game before you start
Enterprise apps will be extended to mobile, not exclusively mobile
Harshul at Mot: Enterprise mobility is still a big opportunity, but pick solutions to problem wisely
Power of consumer expectations in mobile is increasing and forward looking
Rich at Accel: Open distribution for content is possible path for success
Rich at Accel: Entropy increases, related to OS in mobile
John at Bluerun: Apple acts like a carrier
search and discovery for apps and content still a tremendous problem
if desktop web and mobile web were seamless, no need for 30k iPhone apps
Hot Trends in mob: Open-ness, Device Convergence, App Store Envy for Carriers, Defragment apps, Location
Rich at Accel: Soviet-era in mobile is over. Instead of building walls, things are opening up and breaking down walls
Rich at Accel: Take the money the firm raises and divide by 4. That’s the amount held in reserves for existing portfolio
John at Bluerun: Valley of Death btw A funded and later stages; pick your syndicates carefully
Payments in China or India work in country only on mobile, might not translate in US
Nagraj from Qualcomm: Wireless/Mobile is perhaps most resilent in this economy
Rich at Accel: Series A investments are greater now than growth stage investments
Harshul at Motorola: Overheated mobile app companies funded last year
John at BlueRun: Mobile has greatest platform for compute ubiquity
Gaurav at Sequoia: Carriers are moving into a horizontal strategy which gives opp to startups, instead of growing vertical
Gaurav from Sequoia said 20% of entire portfolio is mobile/wireless
Andreas from #DFJ: Talent has no boundaries.
At #SVCWireless event in #PaloAlto with 7 VCs on the panel to talk about #mobile!
