Archive for February, 2010

On Vembu & VC Investment

by Sekar Vembu on February 19th, 2010

I keep getting emails from VC firms at regular intervals. I have had initial phone calls with many of them. But invariably there is no progress as we just do not act on raising money on our own because I fundamentally cannot get myself to pitch my business to a VC just to raise money. The reason is that I am uncomfortable doing a business plan on how I will scale the company.  Because until we try something out we will never know whether it is going to work or not. It is always continuous experiments you run and figure out ways to grow and scale. I am kind of tired trying to be polite and diplomatic with VCs, i.e. responding to their emails and taking their first call and then not taking any initiative in raising money. Couple of days ago when someone was persistent about having a call after I turned down a request for a call, I sent the following response. I want to post that response publicly and I am going to point all VCs who contact me to this post from now on.

“I don’t want to sound arrogant. It is not lack of time. I am pretty jobless trying to figure out ways to scale our company trying various new things. The problem is the serious lack of interest in pitching my company to investors. I have spoken to so many VCs on the phone. It’s always the same. I refuse to do a business plan projecting how we can scale. It is like an experiment we are running and it is against my personal nature to pitch my plans to investors – just to raise money – as something that will work without fail. VCs don’t understand my perspective and I can’t blame them as they have to justify their investments to their LPs. I cannot change my nature and personality just to raise money.  If anyone is interested in my company I prefer a one on one meeting. But I insist that I will not give a business plan nor I will pitch my company to raise money. The investment has to come because they instinctively trust me and have a somewhat religious belief that I will at least give their money back if not grow it by 10 times. That is the understanding with which our angel investors have invested in us, by the way. One of them is a VC and he thinks personally he has no problem with my style but as a VC he cannot convince his other partners. My yard stick for success is different from the pure professional investors.”

The above post was written by Sekar Vembu of Vembu Technologies. Vembu Technologies is a backup software vendor whose product, StoreGrid, powers the online backup services of a large number of service providers across the globe. Besides remote backup, StoreGrid is also used for on premise backups of workstations and servers at various companies & universities.

Microsoft features Vembu as ‘Startup of the Day’ in Microsoft Startup Zone

by lenin on February 17th, 2010

Microsoft - Startup of the DayMore excitement rolls in as Microsoft BizSpark featured ‘Vembu’ as their ‘Startup of the Day’ on its website today.  As you might recall from my previous blog that Microsoft handpicked Vembu Technologies as one of the most promising 45 startup firms around 10 countries for the new ‘BizSpark One’ program and Vembu is the first and only firm from India to be selected for that Program.

As part of being the “Startup Of the Day” our CEO, Sekar Vembu was interviewed by the Microsoft BizSpark team. Here is a quote from the interview:

“It certainly feels good to be selected. Microsoft is especially relevant considering that over 90% of our deployments are on Windows Operating Systems. Additionally, our software, StoreGrid, is used to backup a lot of data created with Microsoft applications like Outlook, SQL Server & Exchange Server.”

Click here to read the full interview.

The above post was written by Lenin Srinivasan of Vembu Technologies. Vembu Technologies is a backup software vendor whose product, StoreGrid, powers the online backup services of a large number of service providers across the globe. Besides remote backup, StoreGrid is also used for on premise backups of workstations and servers at various companies & universities.

Vembu Home is the only FREE consumer backup solution for free local backups and optional Amazon Cloud backups. Get your FREE COPY now.

Moving on…

by sathish on February 17th, 2010

In response to our competitor’s willingness to stop the blog war, we want to reiterate that as a company we do not like to indulge in blog wars or any unwarranted mudslinging. We were just provoked by RBS’s constant focus in attacking our product and company without full understanding of what we are. We apologize if we hurt anyone personally in this avoidable blog war.

As a company we are down to earth to the point that we even feel uncomfortable beating our own drums leave alone indulge in mudslinging or attacking a competition with creating FUD about them. We feel that the best judge of a product/solution or a business itself is the customer in a competitive marketplace. And we will simply continue to relentlessly focus on proving ourselves by delivering a world class product accompanied by a world class service.

The above post was written by Sathish Subramaniam, Director of Engineering, Vembu Technologies. Vembu Technologies is a backup software vendor whose product, StoreGrid, powers the online backup services of a large number of service providers across the globe. Besides remote backup, StoreGrid is also used for on premise backups of workstations and servers at various companies & universities.

Vembu Home is the only FREE consumer backup solution for free local backups and optional Amazon Cloud backups. Get your FREE COPY now.

On Paternity Claims and Sundry Other Rants…

by gokul on February 13th, 2010

I ran into an especially long-winded post in a competitor’s blog – it is very confused even by the standards of someone who claims paternity for the ‘online backup industry’.   Initially, I thought it was just the phrase ‘online-backup’, but later it transpired that it was the whole industry for which parentage was being claimed.   Much the same thing happened with me when one day in 1993, I asked my friend near the refrigerator, ‘(We) Got Milk?’ and thereby INVENTED the phrase ‘Got Milk?’.  AND pasteurization.  AND the whole dairy industry.  Giggle.

I wouldn’t have written this post hadn’t it been certified as ‘good entertainment’ and a ‘GREAT sport!’ by the CEO of Remote-Backup.

Firstly, I thank Rob for his admission about the goof-ups he has made in his claims on our product in his website (yes – you read it right. Stuff written about STOREGRID on RBS website; I too didn’t believe it when I heard! Note: this is not their forum I am talking about here).  But surely sir, it beats me why there should be pages and pages of RBS’s ill-conceived notions and baseless opinions on Vembu StoreGrid on your website.

Admitting two of the baseless comments that are hosted on your site is commendable, but it still leaves a lot to be desired.

Wait, the post gets better.  He goes on to claim that he studied Buddhist and Hindu philosophy (!).  Too bad I don’t know what these are, because it could have prepared me for what came on next.  What then followed was an absolutely hilarious exposition of his philosophy using an analogy of climbing mountains, snow, gravity and few other sundries.   But I was left truly impressed with the vivid analogy actually.  Honest.

(Note to self:  Re-read the analogy for tips when packing for next trekking trip).

Somewhere in the depths of these mysterious oriental philosophies that Rob has mastered, perhaps lie the reasons for keeping a closed forum for RBS partners.  I am not going to unearth any meaning out of the following quote – except maybe note that it sounds suspiciously like a convenient excuse for keeping adverse partner comments ‘private and privileged’ or maybe that the forum is way too dull to be admitted publicly.

“Vembu’s forum is used for technical support, including support of evaluation customers and those who are not Service Providers. Mine is not. Vembu relies on help from their few service providers to offer support. I do not. My forum is specifically intended for my own Service Providers to swap ideas and resources about marketing, business practices, pricing, and yes, some technical issues. But it is not used for technical support, and the conversations therein are private and privileged among RBS Service Providers only, and not the general public. Therefore, my Service Provider’s Forum should be private. “

One can only conclude that all the aforesaid philosophies in the repertoire of the esteemed author didn’t include any injunctions on ‘Free Speech’.   So much for claims of being the only American firm in an imagined competitive array – or perhaps there is an exception for those with paternity claims on the whole thing lock, stock and barrel.

It’s not geography, but the spirit with which one works that matters.

On the contrary, the Vembu StoreGrid forum is home to lively discussions on all topics listed above and not just technical issues (and since the forum is open, one can actually verify this!).  But yes, we haven’t had a thread on philosophy yet though. Nor one on trekking uphill in the snow…

As for our technical support, the Vembu technical support team works 24×7 for both our partners and prospective (evaluating) partners.   Our technical support includes  support through email, phone, instant messenger and remote sessions.  We have never informed our evaluating service provider partners that technical support is only through forums.  StoreGrid users will vouch for the fact that on occasion, even premium support options like telephone/remote sessions have been offered to partners and evaluating partners alike for their convenience.

I was especially struck by this gem of reasoning and the judgment passed on our technical support.

“Vembu relies on help from their few service providers to offer support.”

Merely the fact that there are technical posts in our forum doesn’t mean that we rely on partners to resolve technical queries.  What matters is that most of our partners think otherwise.  We in fact enjoy the healthy debate and learning opportunities created by these forum threads.  I pray that similar galloping sallies of mental reasoning such as the above haven’t creeped into to the inner workings of the RBS software.

“My customers like it that way, and actually pay to have access to it (the forum).”

Tee Hee.  Here’s where I started seriously thinking if he had been just pulling the readers’ legs all along.

What prompted me to write this post after a good deal of deliberation is this fact – I have reason to believe somebody from RBS personally plagued our technical support and partner relations teams today.  For one, our technical support faced an unusual query on our internal processes on a support ticket coming from one rob@remote-XXXXXX.com.  Next, one of my colleagues in the partner relations team received a call with inquisitive queries on our internal process from someone who towards the end of the call claimed to be the ‘President of Remote-Backup Systems’.   I fail to see how this qualifies as ‘great entertainment’ or even a good sport.

P.S. We value legal copyrights and have used only paid images in all of our marketing collateral including our blogs.   Another example of jumping the gun in concluding something adverse on Vembu.

P.S.2 Let us focus on the product and servicing our partners and let the market decide who deserves to be in business.

The above post was written by Gokul Sriram of Vembu Technologies. Vembu Technologies is a backup software vendor whose product, StoreGrid, powers the online backup services of a large number of service providers across the globe. Besides remote backup, StoreGrid is also used for on premise backups of workstations and servers at various companies & universities.

Vembu Home is the only FREE consumer backup solution for free local backups and optional Amazon Cloud backups. Get your FREE COPY now.

Should we respond to a competitor’s FUD tactics?

by lenin on February 12th, 2010

Day Dreamer“Success is not measured by what you accomplish, but by the opposition you have encountered, and the courage with which you have maintained the struggle against overwhelming odds”.
- Orison Swett Marden

The above quote would be a perfect fit for what we have been encountering here at Vembu .

We feel lonely at the top, especially when we are successful and our competitors take shots at us whenever they can. Some of them write blogs and articles about stuffs they SIMPLY don’t understand and some have their daily bread and butter watching our forums and press releases.  I am not writing this blog to RANT about other competitors, but to clear some misconceptions that others are retching on us.

Here’s some “straight talk” from one of our competitors which we think is rather ‘gasconade gibberish’.

“…The three companies who compete with RBS are all foreign-owned. Only one of them has an office in the US. The other two are in India and China. They are not open during US business hours, and they barely speak English…”

This is Childish! Manipulating support time based on the geographic location of a company is some Geezerhood talk and I am not sure how our competitor came up with the assumption that we are not open during US business hours. I think it’s time for them to wake up and update their records. Our Partners witness ‘TRUE 24 x 7 support’ from us and we also offer premium support options for Partners who ask for it. We understand the importance of support to our Service Provider partners and that is one of the top priorities for everyone here are Vembu.  We strongly believe in innovation and our understanding of the market & customer needs make our product a better one.

Some of our competitors have their forums closed and here’s the reason for it in their own words…

““…We found that we lost too many potentially successful service providers when that forum was open to people who were not yet Service Providers and didn’t understand our method… So, that’s why the forum is closed to the public. Two of our three competitors have open forums for doing tech support. We think that’s a really bad idea. For one thing, that allows me to monitor all of them, so I know what features they’re planning, and what people are complaining about, so I can better compete with them….”

This is a classic example on what kind of a service a Service Provider can expect from them.  We run a forum too , but leave it ‘open’.  If you’re confident about your product and your customer service and not scared of competition, having an open forum is the  best way to demonstrate that confidence.

Here is what our CEO, Sekar Vembu, has to say about running an open forum:

“We know we are not perfect and  we have a long way to go. The only way to improve is to have an open and free discussion on everything about our business. We do not mind  if our competitors learn from us. If they become better in the process  that will motivate us to try harder and become even better. It is our business culture that we do not want any partner or customer of ours to choose us without a thorough evaluation of our product, our support and everything we have to offer as a business. And one way to facilitate such an evaluation is to have them freely read our forum – the bouquets and brickbats we get – and decide for themselves whether we truly deserve their business.”

Though we have zillions of points to add to our defense, at the end of the day, it’s the action that speaks louder than words. Simply evaluate StoreGrid by downloading our full featured 30 day free trial and side by side evaluate some our competitors’ products too – you will feel the difference yourself (Guaranteed!).

To add a final touch, we enjoy a small poem found on the internet.

“There once was an old man of Esser,
Whose knowledge grew lesser and lesser
It at last grew so small
He knew nothing at all,
And now he’s a college professor.”

The above post was written by Lenin Srinivasan of Vembu Technologies. Vembu Technologies is a backup software vendor whose product, StoreGrid, powers the online backup services of a large number of service providers across the globe. Besides remote backup, StoreGrid is also used for on premise backups of workstations and servers at various companies & universities.

Vembu Home is the only FREE consumer backup solution for free local backups and optional Amazon Cloud backups. Get your FREE COPY now.