Mercury News has discovered that ASP software companies (aka “software as a service” or “on demand” applications) are doing well. The article points out that Oracle CEO Larry Ellison made significant personal investments in such companies: he had provided the now public Salesforce.com with $2 million in seed money and has invested about $60 million into NetSuite, which plans to go public by year-end.
Arun Natarajan is the Editor of TSJ Media, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of TSJ Media’s Venture Intelligence India newsletters and reports.
“We cannot live for ourselves alone. Our lives are connected by a thousand invisible threads, and along these sympathetic fibers, our actions run as causes and return to us as results.”
– Herman Melville
RSS is the way of the Future…
rss explained in steps