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- At Silicon Valley Telecom Council Spiffy awards, a comedian is warm up act for a venture cap presentation. Who will be funnier?
- VC won’t have to be too funny to win, I think.
- Tim Chang, Norwest Venture Partners up now, says trends are good for telecom.
- Says U.S. consumers are spoiled, over-entitled and living beyond their means. Recession is good time to reset.
- Says in recessions “good enough” is good enough for consumers, hard times for premium or leading edge plays.
- Says social media are features and functionality for other businesses, not a biz model.
- Series A ventures need a go-to-market, major channel partner in hand to even hope for VC money.
- Says strategic investors might be the only game in town right now.
- Gaming – app store & micro-payment plays particularly – looks good, so does enterprise market.
- On to the Spiffys!
- Edison award for most innovative start up goes to 4Home.
- San Andreas award for most disruptive technology goes to Bling Software.
- Fred & Ginger award for most supportive carrier goes to Swisscom.
- Core award for best fixed Telecom opportunity goes to Brilliant Telecommunications.
- Zephyr award for best mobile opportunity goes to Bling Software, two awards for them tonight.
- Alexander Graham Bell award for best communication solution is a tie: Trutap & Amika Mobile.
- Ground Breaker award for engineering excellence goes to Morpho.
- Prodigy award for most successful SPiF alumni goes to 2Wire.
- That’s the 2009 Spiffy awards, time for cocktails!
