Today two familiar names completed an acquisition: Mark Lewis and Bill Miller made a deal. The re-born Violin Systems has purchased the legendary ISE storage product line from X-IO, while that company’s Axellio product is now its own company. This accomplishes quite a lot for both players, though time will tell if it creates long-lasting players in the industry.
On this episode, host Stephen Foskett talks with Mark May, Howard Marks, and Keith Townsend about what makes a failed startup. Are some concepts simply too early, or are there ideas whose time simply never arrives? They look at specific examples like Auspex Systems and Coho Data.
Alastair Cooke of Demitasse comments: Tech Field Day can be an interesting event, not just from the technology side. One of the early questions for Violin Memory was basically: How are you still in business? The answer was that they still have cash and are selling product. The core of their presentation is that this is not the […]
Chris Evans of Architecting IT comments: Violin Memory Inc released their 3Q 2014 financial results last week, which showed both an increase in revenue for the quarter and an increase in their losses for the same period. At the same time they increased their customer base by only 32. The markets reacted badly to the […]
Howard Marks writing for Network Computing comments: Violin Memory, maker of flash storage, saw its IPO price drop on its opening day. The drop says more about Violin’s challenges than those of the overall flash market. Violin has people asking lots of questions about where flash and SSD are headed. Instead, they should be asking […]
Chris Mellor writing for The Register – Data Centre: Storage comments: It ain’t getting any easier in the flashy upstart world – where’s the dosh, Don? Comment Violin’s IPO was a right debacle: investors judged the stock was worth a fifth less than the valuation of the bankers backing the public offering. What are they […]