- “How to position yourself in Silicon Valley” – at Silicon Valley Bank
Some of the relevant notes and myths revealed and confirmed:
- Yes, it takes 12 to 15 months to establish a solid network in the valley
- You do need working capital in order to sustain yourself and the team during that period
- There is a requirement to acquire funding in the US, you must show relevant US clients and an operation that is successful in the US
- US investors consider foreign entrepreneurs only if they move over to the US to continue their business
- You may consider this option, but a critical success factor to accomplish this is traction in your home country.
Emphasis given to the signing of the JOBS Act by President Obama and the passing into law of Crowdfunding Equity based, which will create a considerable shift in the funding markets.
A good reference is always Kauffman’s Foundation StartupDigest
- Cisco’s M&A and Strategy & Innovation strategy
The insights were relevant and applicable to any industry, asking us to stay alert to the world around us:
- Trends and Opportunities to watch out for:
- Pervasive video – in 2014, 91% of traffic on the network will be video
- Communication is the main resource driver
- Mobility will become mainstream
- Globalization is in everyone’s backyard
- For Cisco, the top five priorities are all related with “The New Frontier in Networking”:
- Collaboration tools
- Video (video conferencing anywhere)
- Data Centre and virtualization. Cloud services become mainstream.
- The technical architecture becomes more relevant to support complex functionality
- Core routing and switching services will continue to be Cisco’s core business