Vontu’s $350M win shows how patience, focus pays off
If you’re an entrepreneur, you may want to avoid the Web 2.0 area, which is littered now with unpromising me-too ideas. You may want to consider something less sexy — data security, for example.
Vontu, a six-year-old Silicon Valley (Cupertino, Calif.) company which makes software to avoid data loss, said it has been acquired by Symantec, the maker of Norton security software, for a cool $350 million. That’s ten times the amount invested in Vontu by… Continue Reading