John Chambers spearheaded one of the most aggressive M&A strategies in tech which saw Cisco gobbling up 180 companies, mostly startups. Today, the venture capital investor is helping startups become stronger and nimble competitors against bigger rivals, including tech giants.
Chambers' deep experience in M&A could be a major boon for the startups he mentors. "He actually can think around the corner for them and say, 'Well, if you were attacking me at Cisco, here's how I might respond,'" investor Mark Coopersmith told Business Insider.As CEO of Cisco, John Chambers pursued an aggressive M&A strategy that saw the tech giant gobble up 180 companies, mostly startups, over two decades.
"You either disrupt or you get disrupted," he said in an all-hands meeting with leaders and staff of Cloudleaf, a cloud supply chain platform. "You want your competitors not to change. You want to have the courage to change." Chambers biggest bets as a VC are focused on startups taking on the most dynamic markets in tech. He is a major backer of Pensando, which came out of stealth a year ago and is rolling out a new suite of edge computing software meant to challenge Amazon's dominance in the cloud. Uniphore is another major JC2 Ventures-backed startup that uses voice AI to improve customer services, while Cloudleaf is a fast-growing AI-powered supply chain management platform.
"It was basically a tacit admission that Cisco wasn't doing pioneering work. They had to acquire to stay ahead. It's what happens when a company gets really big."
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Inside the wealthy's weird, pricey pandemic purchases - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Photos show pro-Trump rioters inside Senate chamber - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Where tf is police?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Photos show the destruction inside of the US Capitol Building - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Attempted coup? You mean that band of idiots taking selfies wanted to take over the government?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Inside Arbol Market, a climate change-focused insure-tech startup - Business InsiderA new start-up run by a former Citadel quant is trying to create a better way for farmers to protect their crops from climate change
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
How a year of rising tension inside Google led to its first union - Business InsiderGoogle once stood for 'Don't be evil.' Insiders describe how it spiraled into a culture of mistrust that helped build a union aiming to keep management in check. thanks Google is EVIL. They may try to show it otherwise, but ask the black folks and other minorities who work there how they feel about working in this Gulag. It’s too big, needs to be regulated.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Inside Red Cedar, a new quant hedge fund from Alexander Chernyy - Business InsiderHow this new hedge fund led by a former WorldQuant and Jefferies executive is uncovering new datasets to avoid the pain that hit quants in 2020
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »