Entrepreneur Country keynote
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Roman Stanek is a Czech technologist and entrepreneur who has founded three companies: NetBeans, a Java development tool company acquired by Sun in 1999; Systinet, a pioneer in SOA platforms acquired by HP in 2006; and Good Data, his current company focused on business intelligence in the cloud. Some of his lessons learned include that it takes time to become an overnight success, that building companies in Europe is possible by focusing on community rather than size or protocols, and that tough times can create strong companies.
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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
- 6. NetBeans
- 7. Java Development Tool Company • Founded in summer 1997 • From developers to developers
- 8. Development team in Prague • Outside of Silicon Valley • Highly stable workforce • Price is not a big advantage
- 9. Highly risky • Web 0.5 • No support for entrepreneurs • “Freemium model” unproven
- 10. Limited funding available I would never fund a company east of Palo Alto Regis McKenna
- 11. Innovator’s dilemma • Sometimes do the wrong things • IBM, Symantec, Borland: speed • NetBeans: extensibility
- 12. Many firsts/Highly innovative • First Java based tool • First extensible environment • First downloadable tool
- 13. Acquired by Sun in 1999 NetBeans is today one of two leading Java development tools
- 14. Sun Development Center in Prague 400 developers working on various projects
- 15. Systinet
- 16. SOA platform company • Founded in March 2000 • Pioneer of SOA • Service portfolio management
- 17. SOA hype $21M raised from Warburg Pincus in 2002
- 18. Global presence • Sales & Marketing in US • Development in Prague • Support & testing in Vietnam
- 19. 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,
- 21. Mercury/HP acquisition $105M in cash January 2006
- 22. Systinet put HP on SOA map HP Systinet leads the SOA Governance space
- 23. Good Data
- 24. On Demand Business Intelligence • Cloud + Web 2.0 metaphors • Flickr for Data • Simplicity & Collaboration
- 25. Turning good data into information • Social, not technical problem • Stop working in isolation • Discovery happens elsewhere
- 26. Company status • 30 employees • Development in Prague • Sales & marketing in Bay Area • Funded by industry luminaries • SaaShosted by Amazon Web Services
- 27. Future plans • Customer Development Process • Commercial launch Q2 2009 • VC funding in 2009
- 29. Lessons learned
- 30. Lessons learned I. It takes three years to be an overnight success, sometimes more. Seth Godin
- 31. Lessons learned II. • Location. Location. Location. • Building companies in Europe is possible • We live in “A Flat World”
- 32. Lessons learned III. Failure Success Speed, size Community Protocols, Governance transactions Size, complexity Collaboration
- 33. Personal notes •Aplan is useless. Get a meta-plan. • Getready for “mood swings” • Tough times create tough companies
- 34. Questions