IT Compliance and Controls

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A bright spot in the innovation wave – a Venture Fund with strong focus on IT

July 8th, 2009 · No Comments

As friends know, I have been launching businesses for the past few years with varied success and feelings about venture capitalists.  The summation is the common “chicken and egg problem”.  Meaning most investors that do not understand a new technology, or paradigm shifting solutions the investor(s) seek to see the solution working.  The inventor and technologist will likely feel that is the whole point of pitching for financing ;)   Hence chicken or egg.  I am extremely pleased to see Ben Horowitz and Marc Andreessen launching new fund focused on placing money on the table to encourage solutions and innovation within IT Security, Compliance, and the tactical areas of the industry. One of their core principles:

Technology and its advancement is absolutely central to human progress. Entrepreneurs who create new technologies and technology companies are improving the standard of living of people worldwide and unlocking amazing new levels of human potential.

So a call to action to all my colleagues and friends that have been screaming and itching to make the world better through their own ingenuity and hardwork – APPLY; develop; and make a difference.

Or to consider the problem statement above:  Be a Rooster, because in the “Which came first the Chicken or the Egg” problem – the Egg is the answer, because Chickens don’t lay eggs – Roosters do.

Happy inventing and hacking,

James DeLuccia IV

For inspiration on problems to solve, check out my other site here.

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