Mike Lynch and his top team seem to have already left HP and are starting their own tech fund.
Sadly it is based in London and is looking at global opportunities.
Hope it has some fire power for Cambridge, UK.
The title comes from an article in the DT on 20 July 2012.
It breaks down the reward of which only $1million is salary.
Mayer is estimated as having made $300m in her career in Google. The great benefit of being the 21st employee of a firm with a generous option scheme which hit the big time. Generous options help build great companies?
Great comment and discussion in this interview by Robert Scoble of two people, the founder and CEO of Nicera.
Nicera was funded by $50milllon of VC capital and has just been sold for over $1bn.
“Transformation does not come from industry, but universities (in this case Stanford)”; starting at time 16:45 but watch the whole interview to see it in context.
Another great Robert Scoble interview – youtu.be/v6CyHhJKSTQ
Marissa Mayer spoke at CUTEC a few years ago when working for Google. Now she is the new CEO of Yahoo; and pregnant! CUTEC attracts great speakers each year. Mayer was #21 employee of Google so guess she vested lots of options. She certainly will not be working to pay the bills. Hope she saves Yahoo. She is a great role model for women programmers as well.
Great news that the head of Sequoia is donating £70million to a £300million fund for Oxford University. From the BBC website:
Mr Moritz, chairman of the US-based venture capital firm, Sequoia Capital, spoke of his own family’s debt to benefactors, when they had been refugees from Nazi Germany.
“I would not be here today were it not for the generosity of strangers,” said Mr Moritz.
From his business experience in the US, he said many of the great innovators were from “the most unlikely and impossible circumstances”.
But their progress had been made possible by university scholarships – and he wanted to support such opportunities.
Another example that it is entrepreneurs who make the big donations to Oxbridge and the contribution of Isis Innovation and Cambridge Enterprise is miniscule. Surely the time is for both organisations to place half their resources in assisting and encouraging entrepreneurs instead of playing at being public sector entrepreneurs – something which has never succeeded in the world. If you know otherwise then do leave a comment.
Entrepreneurs remember those who helped them in the early days. In the technical sector, most are given a start at a great university and want to help others to have the same start. It is amazing to think that Trinity College, Oxford, has no Professor of Computer Science – or at least not two years ago.
Someone from the Judge Business School, Cambridge, has written a book called There is an I in Team claiming that running a team is difficult.
We all know that which is why good managers are scarce and well rewarded.
Fred Wilson has yet another great post on using your investors to build a great team. Perhaps the I in the title of the book should stand for Investors and then it would make sense. Building and running teams – managing – is easy for those few who are good at it and a struggle for the rest of us. I was never a manager so it is strange to have a son who is a natural manager – so much easier than working!
Perhaps academics should study successful managers who build great teams and great companies……..
http://www.wired.com/wiredscience/2012/06/parkinsons-voice-screening/
Take part in the trial by phoning (in the UK) 01865 521168.
I took part and the phone call takes three minutes.
Just one of many new medical tests which will be developed using algorithms for a first screening of diseases.
Guess that the voice changes with many other diseases such a Alzheimer’s.