A different kind of Incubator
Once you say you're going to settle for second, that's what happens to you in life - John F. Kennedy, U.S. President
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful - Warren Buffet, investor and billionaire
N3Ventures LLC was founded to leverage several trends that are changing the Entrepreneurial landscape. These trends are:
1. The cost of starting a company in certain segments of high-tech is significantly lower than a few years ago.
2. Entrepreneurship is becoming more of a global phenomena: Entrepreneurs in China, India, Eastern Europe and most recently the Middle East are starting new companies inspired by the phenomenal success of companies like Facebook, Twitter, Foursquare and others.
3. Entrepreneurs are more inclined to build their companies without getting capital from traditional Venture Capital sources.
These trends presented entrepreneurs turned angel investors with opportunities that were not there a few years ago.
For the period 2011-14, Ramamoorthy Ramamoorthy, Principal Research Analyst, Gartner Inc., said he expects that EDA vendors will play a key role in the IP market growth. Indeed, he explained that they are the closest to chip designers, and by integrating pre-verified, silicon-proven IP blocks, they will drive increasing use of 3rd party IP blocks.
Increasingly, SOC design is about selecting and assembling third-party IP, not about creating new code.
Ronald Wilson, Executive Editor -- EDN, 2010-08-12
Gabriele Saucier, CEO of Design and Reuse SA , said "we should not ignore the power of innovation to create opportunities and raise sustainable economic growth".
According to the Forrester Research prediction, the global revenues from I-O-T will be thirty times higher than the Internet; many Governments, including the United States, European Union, Japan, South Korea, and mainland China have made huge investments in IOT to encourage its development. Besides, CCID consulting also forecast that IOT revenues will reach 750 billion RMB by 2015”.
Our initial focus is in the following area:
Gadgets: We define gadgets to be novel hardware with embedded proprietary software that are connected to the cloud and have a social networking function.