OK, well, in case you were living under a mobile rock and didn’t know that the iPad was HUGE here is a chart from Chitika.
Android is still a ways away… and MSFT is just so far behind it’s hard to imagine how they catch up at this point. Poor MSFT.
I have just been nominated for a very cool Boston area technology leadership award. That’s right, little old me, Healy Jones! I’m pretty pumped. The award is the MassTLC’s Emerging Executive of the Year; there are five finalists. Basically, the award recognizes Massachusetts executives who have launched successful products, developed new strategies and achieved benchmark successes in the last year. OfficeDrop had a pretty great year last year, so everybody here is really excited about this nomination.
More about the Emerging Executive Award by MassTLC
Here is what the MassTLC has to say about this award: “This year the Council introduced a new judging model for the awards program that included 55 executives, investors, analysts, media and thought leaders who participated in the finalist selection process. The pool of finalists will be further narrowed over the coming weeks and the winners will be announced on Thursday, September 13, at the MassTLC Leadership Awards Gala at the Boston Renaissance Waterfront Hotel in Boston. Details and advance registration are available at www.masstlcawards.org.”
I’ll point you to a post we did on the OfficeDrop Bostinno Channel that we did that talks more about the cool things I’ve been working on with the team here at OfficeDrop. You can read about Healy Jones being a finalist for emerging executive of the year here on our Bostinno Channel.
Also, sort of unrelated, but you can read an interview with me on an important scanning/imaging blog regarding OfficeDrop’s white label/OEM strategy where we power larger companies cloud storage.
For the past few months I’ve been debating with other OfficeDropStars why the heck Amazon hasn’t ever lowered cloud storage costs. Well, looks like they are finally bringing them down! The first tier of storage pricing is coming down from $0.14 per GB/mo to $0.125. The lower tiers are seeing about 12% reductions in prices – but the biggest tiers have no stated decrease (i.e. they are staying constant!)
It’s a little odd the top tiers aren’t going down. I guess this is because those rates are more likely negotiated with the company using them, where as the lower rates are pretty much just plain old taken by the company using it?
Why is Amazon lowering storage costs?
What’s motivating the lower storage costs? Are other cloud storage companies starting to eat at their new business? I kind of doubt that it’s MSFT’s platform, I don’t know any startups using it. Perhaps Amazon sees Apple’s iCloud starting to take some of the newest startup storage needs, where the startup simply pushes the costs of cloud storage onto the end user by integrating their apps with iCloud and letting the user deal with it? Think about it – Amazon has basically been in the cloud storage business since 2007 and I don’t think prices have come down before! And cloud compute costs for sure haven’t!
Comparison of New and Old Storage Costs
These are the numbers I got from Amazon, and are current as of Feb 7 2012.
|Amazon Storage Tier||Old Pricing/mo||New Pricing/mo|
|1st 1 TB||$0.140||$0.125|
|Next 49 TB||$0.125||$0.110|
|Next 450 TB||$0.110||$0.095|
|Next 500 TB||$0.095||$0.090|
|Next 4000 TB||$0.080||$0.080|
|Over 5000 TB||$0.055||$0.055|
The lower prices are effective as of Feb 1 and are listed here.
Waiting until the last possible moment before I close the storm windows for the approaching hurricane – so here are a couple of links.
A take on Tim Cook
An acquaintance, Alex Bain, works at Apple and has a post up on his meetings with Tim Cook. It seems that he’s meet with him once a week, and so it’s interesting to hear his take on Tim’s leadership style. Very cool look inside the now most powerful man in tech’s leadership style. (Thanks to Kenny Kellogg for pointing out Alex’s post.)
Updating Mac Apps
I’m proud of a post over on the OfficeDrop blog about how to update apps purchased in the Mac App Store. You’d be surprised at how many people ignore the update icon (or who don’t know how to update their apps!). Anyway, hopefully this how to will make it easier for people to update their apps and perhaps not call our customer service to ask about how to do it. OfficeDrop’s ScanDrop Mac Scanner Software really does work better when it’s the most up to date version!
Dan Primack has a good interview with the CEO of BankRate.com, a company that was public, went private a few years ago, and returned to the public markets recently.
I’m not going to quote the entire interview here, you should just click the link above and read it yourself, but the part that interested me was about how being private with a PE backer let the company make some acquisitions that it would not have been able to make if it was public.
Fortune: Buyout firms often talk about the advantages of being private. Do they exist?
Evans: There definitely were some advantages to being private… We also saw strategic assets available for sale, and that acquiring them could really change the trajectory and competitive position of our company.
We wouldn’t have been able to make those acquisitions if we’d been a public company, both because the private equity backer provided capital and because one wouldn’t have taken our paper.
I’m more than a bit surprised about this reasoning. Usually companies cite having a public currency with which to make acquisitions as a major reason to IPO… this is totally opposite of what you’d usually consider the norm.
It also leads me to think about what happens when a private company that has shares trading on one of the private secondary markets makes acquisitions with stock. Is the acquired company then able to sell stock right away to third party accredited investors? Or is there the standard lock up language like you’d have when a public company acquires a private company? Or does the fact that the private co can control the sale of share on the secondary market negate the need for such a lock up?
I recently posted a piece on OnStartups on the topic of growing an internet company outside of Silicon Valley. I truly believe that this is possible, but recent history shows that a huge percentage of internet companies are based in the San Francisco Bay Area. This bums me out, as an internet guy out here in Boston… Here is my 8 tips for growing an internet company NOT in San Francisco.