Nokia skeptical of mobile-startups but hand-shake with big Corps

“The Business-Simplified” print version from Hindustan Times – Mint, carried an article today of Nokia’s skeptical view towards investments in mobile startups. BlueRun Ventures is a Menlo Park (CA, USA) and is backed by one of the world’s largest handset maker – Nokia. Being backed up Nokia, the viable notion is that they will be more towards mobile and mobile startups but the irony is they are indeed backing away from the mobile sector, specially from startups that targets the mobile value-added services (VAS).
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Dell to reward $50,000 to businesses that use Technology to better serve customers

Saw this over at Starup Spark – Dell is offering Small Business Excellence Award, a sum of $50,000 for those that use technology to better serve the customers.

For small companies with 100 or less employees, their owners, president or CEOs can apply for this award which is open till 29th Feb, 2008. Dell is looking for companies that has driven a significant change and/or developed a competitive advantage in delivering superior customer value and experience. Dell also wants your company to share customer testimonials to show how technology has helped you improve customer relationships.

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Venture Capitalist prefer investing in Startups to Stock Market

I was reading the Business & World section of the Hindustan Times and something caught my fancy – VCs prefer start-ups to stock market. The realm of VCs, Angel-funding, Startups is rather new in India and more importantly weird to most of the common Indian masses – be it IT, ITES, Programmers and budding entrepreneurs.

Many overseas Venture Capitalist and Non-resident Indian (including India returned Indians) have realized that investing in Indian start-ups would be far more rewarding than the country’s current booming stock market. This may, in a way, sound rather too optimistic with the fact that the Indian rupee is competing very well with the US Dollar at the moment (the US Dollar is lower than INR 40 at the time of writing this article).

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Big Corps losing high executive to Google and Startups

Very recently, Venture Beat carried an article – Chief Architect Brad Fitzpatrick left Six Apart – a Silicon Valley start-up that offers several blogging software platforms, including Movable Type, Typepad, LiveJournal etc.

It is believed that Fitzpatrick, after selling his company – Danga Interactive to Six Apart, got bored with his team members and misses the excitement of a fast-paced, innovative environment. Speculations are high that he will join Google. Recently, LiveJournal faced quite a backlash after the mass deletion of several journals with sex-themed groups.
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