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(Author here) sorry about the confusion, I can see where you are coming from. But yes, the investor was very much enquiring about whether it is on "the edge" in
by wolframhempel 8y ago
(Author here) sorry about the confusion, I can see where you are coming from. But yes, the investor was very much enquiring about whether it is on "the edge" in a cloud computing sense.
Having said that, it's important to stress that many - in fact, most - of the VCs I've talked to were amongst the most impressive, accomplished, knowledgeable and intelligent people I ever had the pleasure to work with.
There is, however, a (growing?) number of VCs with a purely financial background that approach investment decisions by establishing a framework of future trends/ developments (Crypto, Blockchain, Edge, Sharing Economy, E-Mobility and so on) and then vet potential investments based to how well companies align with these trends as well as basic suitability criteria (founding team, execution, traction etc.)
This isn't a bad thing per se as it might add a less biased view to investment decisions than the one made by the tech-founder-funds-tech-founder echo chamber, but it can lead to the level of detachment with the fundamentals of what one's talking about displayed in this article.
- Illniyar 8y agoThank you for the clarification. "On the edge" seems so strange to me when talking about edge computing/caching but I suppose I'm not in that industry.
- theonemind 8y agoI work in cloud computing and also find it strange. At most, I have referred to CDN "edge nodes", but I would've never said "on the edge", but "on the edge node". In other contexts, I simply would've referred to "the closest datacenter".