At the beginning of March 2011, the company that I run full-time, R7 Solutions, launched our new Web 2.0 mapping and workflow service: GeoIntelis.com!
Here is the announcement blog post on the GeoIntelis.com website.
Since then, we’ve announced a slew of new data packages for both oil and gas exploration and production users, and for solar and wind developers.
Dozens more data packages are in the pipeline and will be announced daily for several weeks to come.
This has been a long journey, but one about which I have been passionate – and my vision for this product has been unwavering.
I wanted to talk a little about this journey here, from a personal and entrepreneurial perspective.
I had some difficulty keeping up with my posting schedule this summer after the birth of our second daughter, Ella, but autumn is here and it is back to school time at TechVentureGeek!
We’ve been very busy at R7 Solutions launching new services this quarter, including launching an all-inclusive GIS hosting service, re-vamping our ArcGIS consulting, launching our Open Source GIS consulting services and re-launching our GIS application development services. And we have several new products and services in the works to be launched before the end of the year.
Here at the TechVentureGeek blog, I look forward to sharing several new reviews of great tools for startups, ongoing discussion of the evolving venture capital environment, and a humorous feature on toxic executives you sometimes find attaching themselves to startups and what to do about them.
Stay tuned!
Here is a quick 15 minute video presentation of the Top 10 Unspoken Investor Questions presentation I made to the OpenBeta PitchCamp event:
In addition to my previous post about software company valuations, EBITDA multiples and Martin Wolf Securities, I also like to read the Software Equity Group’s industry reports in order to align my thinking about rates of return, growth segments and future investment.
They’ve recently released their third quarter 2009 report:
http://www.softwareequity.com/Reports/3Q09_Software_Industry_Equity_Report.pdf
Overall, there is improvement, although things are far from “back to normal.” I’d encourage you to read the report and think about what your company is worth and where you should be investing now for growth.
I’ll leave you with one encouraging graphic from that report. This is a graph of total mergers and acquisitions dollars spent in the industry, according to SEG :
