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Goldman Sachs' Anthony Noto On What To Look For In A CFO

Anthony Noto, the global co-head of Goldman Sachs’ global telecommunications, media and technology group in investment banking, took the stage at this morning’s TechCrunch Disrupt NY 2013 event to talk about the IPO market, trends, and other topics related to tech companies going public. In one interesting portion of the conversion, Noto offered his opinions on what startups should look for when they’re ready to hire their first CFO. Noto, for those unfamiliar, has a diverse background in the industry. Before serving as co-head of the Technology, Media and Telecom (TMT) Group at Goldman Sachs, he was co-head of the Global Media Group for TMT Investment Banking. He rejoined Goldman Sachs in 2010 after serving as the National Football League’s executive vice president and chief financial officer for nearly three years, where he oversaw finance and strategy functions, including corporate development, labor finance, operational finance and accounting, tax and treasury. And before ...

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Found 1 month ago on channel TechCrunch

GE Puts $105M Into Pivotal Labs, The New EMC And VMware Platform Initiative, But Here's What It Is Missing

GE is taking a 10 percent stake and investing $105 million in the Pivotal Initiative, the spin-out from EMC and VMware. GE will work with Pivotal on research and development with the aim of helping customers develop data analytics offerings. GE says its investment aligns with its focus on the “Industrial Internet.” The move shows GE’s investments in developing its own software prowess. GE and Pivotal will use the ”Global Software Center,” which is headquartered in San Ramon, Calif., to develop a software platform that GE will deliver as a service to industrial customers. According to a press release issued this morning, Pivotal’s platform will serve as a way for the company to launch applications and offer data analytics. The Pivotal technology draws from EMC and VMware’s stable of products and services, either developed internally or acquired. VMware’s Cloud Foundry PaaS, SpringSource and Gemstone and EMC’s Greenplum and Pivotal Labs groups form the foundation for ...

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Found 1 month ago on channel TechCrunch

BitTorrent's Latest Bid For More Content To Its Platform: Investment Via Its New Accelerator

BitTorrent, the once-notorious file sharing service that has been repositioning itself as a legit platform for those in digital media to distribute and collaborate on their content to 170 million users, is taking a step to attract more media startups to its platform. Today, it is launching BitTorrent Acceleration, opening up its lab to startups working in sound, film, live streaming, media sharing, and peer-to-peer technologies. And it will offer marketing and product assistance, user testing services, and in some cases investment and acquisition opportunities. BitTorrent is not specifying how much it would typically invest in a company in the program, or how likely it would be that it might lead to BitTorrent (or someone else) buying it outright. “The valuation will be on a case by case basis, based on the stage of the product and what’s best for them. In some cases a long lasting partnership is a better fit than an acquisition,” said Farid Fadaie, director of product development, ...

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Found 1 month ago on channel TechCrunch