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September 7th, 2004

Its Raining Acquisitions !!

The industry is on a acquisition spree. Trigo.com a company that provides supply chain management solutions based on j2ee , founded by my best friend about 3 years ago gets acquired out of no where by IBM for a whopping 200 Million. Its crazy , considering the fact that It had only started doing descently since 2002. Flextronics acquires Hughes Software and Futuresoft, making SASKEN one of its biggest competitors in the Telecom software segment. What More, Bazee get acquired by Ebay for 50 Million.

In between all this, my role on this earth is so miniscule..........

hmmm !! I need an Idea!! ..... and of-course few sucker VC's to buy it.

Cool Idea

There are a lot of PIM ( Personal Information Management) and PCM ( Personal Contact Management) related web sites that provide these services on an ASP model. And most of them are on the similar lines. Infact one of my customer came up with an idea of a similar kind and wanted us to develop the product. But I just send him a *list* of URLs that had products based on his idea and he immediately dropped it.

I then encountered Plaxo . Plaxo is different and its concept is unique. It offers its service, free and has a customer base of 2 Million already. Check it out to know more about. A service with a social cause.

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Sunny Santosh
suntosh
suntosh

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