Alright, one more,
Check out the track record of companies that were selected to present at this conference last year:
bcr.com
>>>>>The NGN Ventures "Class of '99"
To say that the 45 venture-backed networking startups we originally selected to participate in NGN Ventures last year have done well is a serious understatement. More than half of the presenting companies have gone public or been acquired, just nine months after NGN Ventures. While each was privately held and independent at the time we issued our speaking invitations, a number actually went public or were acquired even before they made it to the podium last spring. This is significant in two respects; it indicates that the NGN Ventures selection criteria we use are right on target, and demonstrates that everything is happening at a very accelerated pace these days.
Here's the complete rundown:
10 presenting companies have become publicly traded or have already filed an S1 for their IPO, including Alteon WebSystems, Copper Mountain, Digital Island, Foundry, Juniper, RedBack and Sycamore. In total, these networking companies can now boast a market cap of more than $50B.
15 presenting companies have been acquired by other industry players, including Alcatel, CIENA, Cisco, Lucent, Nortel, RedBack, Siemens and Tellabs. On the acquisition list are Abrizio, Argon, Assured Access, Bright Tiger, Lightera, Monterey, Netcore, Omnia, Redstone, SALIX, Shasta, Siara, Transmedia and Xedia?for a combined purchase price in excess of $10B.
Never before have networking startups generated so much wealth or been the focus of so much heated M&A activity. As a result, we now have over two-dozen companies positioned to have a huge impact on next generation networks. If you participated in NGN Ventures 99, these players were on your radar screen and you had the advantage of invaluable early insights into key future trends and developments.
Amazingly, with Net usage continuing to outpace even the most aggressive projections, it's just possible that '99 may have been a slow year! Meeting with new entrepreneurs each day, we're constantly reminded how fortunate we are to be in networking during such an unprecedented period of growth and opportunity. And, of course, the only constant anyone can recognize in our industry today is change. Technological breakthroughs from last year, and even last month, have already become grist for the mill of this year's startups. As you head into the first quarter of this new millennium, here's a quick preview of what we believe will be the hottest areas in networking for 2000.
The areas we have chosen to concentrate on at NGN Ventures 2000 this spring range from the component level to web-based applications:
Advanced Network Semiconductors
Integrated Communications Providers
Metro Optical Systems
Next Generation Core Switches (Layers 1, 2 and 3)
Next Generation DSL and Cable Technology
Next Generation Telephony Switches & Enabling Software
Operational Support Systems (OSS) & Provisioning
Optical Access Solutions
Personal Communications Portals
Streaming Media
Wireless Broadband Alternatives
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Like I stated in the last post, Mayan Networks and Silicon Spice are presenting on the first day this year. |
