31–40 of 44 posts
It's a great time to start a robotics company and I hope this exit will further accelerate the pace of new companies being created! Kiva is also a great example of nailing a single high-value problem even if it's not the sexiest challenge.
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Also a great exit for Bain Capital.
Bain Capital Ventures . Venture Capital, not Private Equity.
This can also ease a lot of the criticism that Amazon is getting about slave-driving the (human) pickers in their warehouses lately.
This can also ease a lot of the criticism that Amazon is getting about slave-driving the (human) pickers in their warehouses lately.
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Netflix actually can't switch to an AWS competitor at this point because none of them are big enough. (source is some random cloud infrastructure presentation they did) When AWS started they were basically running off the "christmas season" and end-of-life amazon.com boxes with almost no up front expenditures. Everyone else in the "cloud" business is buying new boxes to build out, which means its really hard for them…
This one: http://perfcap.blogspot.in/2012/03/cloud-architecture-tutori... ???
One interesting question is what will happen to the current clients of Kiva (of which many are competing with Amazon in ecommerce market) newegg. etc ??
I think they will be getting the same service from Kiva. Netflix is one of the biggest user of EWS, yet, Amazon is pushing hard on their streaming service too.
I really wish they would start pushing on each other harder, so I could use only one for both...
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Kiva Systems was started with almost no money... It's actually one of the better stories I've heard. The founder basically found various phds that were researching in related fields and convinced them to work for equity.
According to reports, Kiva raised around $33 Million in VC funding [1]. Like I wrote before [2]: I've been tracking venture capital (VC) funding of robotics companies for the better part of two years. Based on my (limited) data, VC funding in robotics exceeded $160 Million for 2011. This is just a rounding error compared to VC funding of Internet (web-based) companies, which hit a decade-long high of $6.9 Billion in…
Earlier quoted context omitted.
According to reports, Kiva raised around $33 Million in VC funding [1]. Like I wrote before [2]: I've been tracking venture capital (VC) funding of robotics companies for the better part of two years. Based on my (limited) data, VC funding in robotics exceeded $160 Million for 2011. This is just a rounding error compared to VC funding of Internet (web-based) companies, which hit a decade-long high of $6.9 Billion in…
To me this is another piece of scalable infrastructure they can offer to other companies.