|Cloud, Digital, SaaS, Enterprise 2.0, Enterprise Software, CIO, Social Media, Mobility, Trends, Markets, Thoughts, Technologies, Outsourcing|
Linkedin Facebook Twitter Google Profile
Friday, October 28, 2005
Jeff Nolan, the well known name in the VC fraternity leaves leaves the VC business. Apparently he would continue to be part of SAP albeit in a new role. Jeff says that his decision was owing to the desire to get more operations centric – he writes that – "I missed having direct operational control and I missed the sense of accomplishment that comes from successfully executing direct operational control, and quite honestly, all of the venture deals I was looking at started to look the same. I missed having a team. I was also concerned that my experience in operating roles in enterprise software was becoming dated and perhaps not as relevant to the state that the business is in today; it's one thing to spend 4 hours in a board meeting talking about a business, it's another thing altogether to actually do it". He adds, "I was presented with an opportunity to lead a team working with people I really admire and respect on a set of challenges that are of pre-eminent importance to SAP. In short, the more I looked at this the more I found myself thinking in the role, I was hooked big time".
Category :Venture Capitalists |
|Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld