Roman Stanek
Founder/CEO, Good Data Corporation
Who am I

• Roman     - quot;Stanquot; at Starbuck's

• Technologist

• Entrepreneur

• Blogger   (roman.stanek.org)

• Cz...
NetBeans
Java Development Tool Company



• Founded   in summer 1997

• From   developers to developers
Development team in Prague


• Outside    of Silicon Valley

• Highly   stable workforce

• Price   is not a big advantage
Highly risky


• Web   0.5

• No   support for entrepreneurs

• “Freemium   model” unproven
Limited funding available



    I would never fund
a company east of Palo Alto

            Regis McKenna
Innovator’s dilemma


• Sometimes   do the wrong things

• IBM, Symantec, Borland:     speed

• NetBeans:   extensibility
Many firsts/Highly innovative


• First   Java based tool

• First   extensible environment

• First   downloadable tool
Acquired by Sun in 1999
NetBeans is today one of two leading Java development tools
Sun Development Center
       in Prague
 400 developers working on various projects
Systinet
SOA platform company


• Founded    in March 2000

• Pioneer   of SOA

• Service   portfolio management
SOA hype
  $21M raised from
Warburg Pincus in 2002
Global presence


• Sales   & Marketing in US

• Development     in Prague

• Support    & testing in Vietnam
WS-Addressing, WS-AtomicTransaction,
                  SOA confusion
WS-Attachments, WS-Context, WS-
C o o r d i n a t i o...
Major Systinet customers
Mercury/HP
acquisition
  $105M in cash
   January 2006
Systinet put HP on SOA map
  HP Systinet leads the SOA Governance space
Good Data
On Demand Business Intelligence


• Cloud     + Web 2.0 metaphors

• Flickr   for Data

• Simplicity   & Collaboration
Turning good data into information


• Social, not   technical problem

• Stop   working in isolation

• Discovery     hap...
Company status

• 30   employees

• Development      in Prague

• Sales   & marketing in Bay Area

• Funded    by industry...
Future plans


• Customer   Development Process

• Commercial   launch Q2 2009

• VC   funding in 2009
Lessons learned
Lessons learned I.


It takes three years to be
an overnight success,
sometimes more.

                     Seth Godin
Lessons learned II.


• Location. Location. Location.

• Building   companies in Europe is
 possible

• We   live in “A Fl...
Lessons learned III.

    Failure           Success


  Speed, size       Community


   Protocols,
                    Go...
Personal notes

•Aplan is useless. Get a
 meta-plan.

• Getready for “mood
 swings”

• Tough
      times create tough
 com...
Questions
Entrepreneur Country keynote
Entrepreneur Country keynote
Entrepreneur Country keynote
Entrepreneur Country keynote
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Entrepreneur Country keynote

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London January 15, 2008 - "Entrepreneur Country" event organized by Ariadne Capital

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Entrepreneur Country keynote

  1. Roman Stanek Founder/CEO, Good Data Corporation
  2. Who am I • Roman - quot;Stanquot; at Starbuck's • Technologist • Entrepreneur • Blogger (roman.stanek.org) • Czech
  3. NetBeans
  4. Java Development Tool Company • Founded in summer 1997 • From developers to developers
  5. Development team in Prague • Outside of Silicon Valley • Highly stable workforce • Price is not a big advantage
  6. Highly risky • Web 0.5 • No support for entrepreneurs • “Freemium model” unproven
  7. Limited funding available I would never fund a company east of Palo Alto Regis McKenna
  8. Innovator’s dilemma • Sometimes do the wrong things • IBM, Symantec, Borland: speed • NetBeans: extensibility
  9. Many firsts/Highly innovative • First Java based tool • First extensible environment • First downloadable tool
  10. Acquired by Sun in 1999 NetBeans is today one of two leading Java development tools
  11. Sun Development Center in Prague 400 developers working on various projects
  12. Systinet
  13. SOA platform company • Founded in March 2000 • Pioneer of SOA • Service portfolio management
  14. SOA hype $21M raised from Warburg Pincus in 2002
  15. Global presence • Sales & Marketing in US • Development in Prague • Support & testing in Vietnam
  16. WS-Addressing, WS-AtomicTransaction, SOA confusion WS-Attachments, WS-Context, WS- C o o r d i n a t i o n , W S - E ve n t i n g , W S - F e d e r a t i o n , W S - R e l i a b i l i t y, W S - ReliableMessaging, WS-Routing, WS- • Too many standards SecureConversation, WS-Security, WS- SecurityPolicy, WS-Transaction, WS-Trust, • Most co-developed by Systinet XML 1.0, XML Schema, SOAP, WSDL, • Complex, costly, disconnected UDDI, XML-DSig, XML-Encr yption, • SOA Governance was key to success X K M S , S A M L , X AC M L , e b X M L , BPEL4WS, WSRP,
  17. Major Systinet customers
  18. Mercury/HP acquisition $105M in cash January 2006
  19. Systinet put HP on SOA map HP Systinet leads the SOA Governance space
  20. Good Data
  21. On Demand Business Intelligence • Cloud + Web 2.0 metaphors • Flickr for Data • Simplicity & Collaboration
  22. Turning good data into information • Social, not technical problem • Stop working in isolation • Discovery happens elsewhere
  23. Company status • 30 employees • Development in Prague • Sales & marketing in Bay Area • Funded by industry luminaries • SaaShosted by Amazon Web Services
  24. Future plans • Customer Development Process • Commercial launch Q2 2009 • VC funding in 2009
  25. Lessons learned
  26. Lessons learned I. It takes three years to be an overnight success, sometimes more. Seth Godin
  27. Lessons learned II. • Location. Location. Location. • Building companies in Europe is possible • We live in “A Flat World”
  28. Lessons learned III. Failure Success Speed, size Community Protocols, Governance transactions Size, complexity Collaboration
  29. Personal notes •Aplan is useless. Get a meta-plan. • Getready for “mood swings” • Tough times create tough companies
  30. Questions

×