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India Has Its First $1 Billion Dot-Com: Is 2011 the Year of the Indian Internet?

by | Jan 12, 2011 | Towing

When tech writer Alex Salkever issued his five tech predictions for 2010 last year, he boldly proclaimed that India’s nascent tech sector would see its first blockbuster startup emerge. That blockbuster turns out to be MakeMyTr…

Cloud Computing Is Growing Up, and Venture Capitalists Are Feeding It

by | Dec 13, 2010 | Towing

On-demand-software giant Salesforce.com just acquired a cloud software startup called Heroku for $212 million in cash. That’s par for the course these days as cloud computing goes from buzzword to reality. And venture capitalis…

Youku’s IPO: Could This Love Story Break Investors’ Hearts?

by | Dec 10, 2010 | Towing

Youku, the highly promising Chinese online-video site, had the strongest first-day rally of anyone on a U.S. exchange since China’s Baidu in 2005. But the flip side to promise is risk — and the risks of pinning big hopes on Yo…

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