Ex-Microsoft employee speaks at company event to say it "needs some help"

When we attended BUILD 2012, we were able to attend a panel for the company's Windows Azure Accelerator program, that is designed to help fund and support startups that will use Microsoft's cloud-based services. This week, Microsoft held the program's final event, Demo Day at its Redmond, Washington campus where the 11 startups presented their business proposals to a number of venture capitalists and angel investors.

However, as Bloomberg reports, the event took an unexpected turn thanks to its opening speaker Damon Danieli. He worked at the company for 14 years before leaving in 2008. This week, He said flat out, "Microsoft needs some help."

Specifically, Danieli said that the company needs to do more to not only encourage the launch of more startup companies but to bring them close to Microsoft's headquarters. He added that Microsoft has had to pay a lot of money to acquire businesses that have made tools that Microsoft realised they now needed, adding, "It pains me to see what happens now where Microsoft pays $8.5 billion to acquire Skype or $1.2 billion for Yammer."

Microsoft's efforts such as the Windows Azure Accelerator program seem to be a move in the right direction, although Danieli seemed to also make fun of Microsoft's long name for the effort during his speech, saying "Just look at the title: `Microsoft Accelerator for Windows Azure Powered by TechStars, Startup Edition Service Pack 1." For the record, the "Startup Edition Service Pack 1" is not part of the actual name for the project.

Source: Bloomberg | Image via Microsoft

Report a problem with article
Previous Story

Diablo III game director leaves team, stays at Blizzard

Next Story

Office 365 retail packaging spotted, January 29th launch looks golden

9 Comments

Good job linking to an entirely unrelated article.
I also like how you link to another one of your posts....classy.

nonsense. Skype and Yammer acquisition is one of the best moves I have ever seen from microsoft. as for the skype I know not only it became more popular after acquisition, it generates lots of money. as far as naming, I have never been a fan of naming at microsoft. but perhaps every bit in this name "Microsoft Accelerator for Windows Azure Powered by TechStars, Startup Edition Service Pack 1" is necessary perhaps they could only drop Microsoft. anyways, no wonder why he is Ex-Employee.

that's what he was talking about. MS just aquires a company because MS doesn't innovate anymore.they see what they like.. buy it, then add it to their portfolio.

used to be back in the day during the 90's they had talent and innovated from every direction. Now, it seems like MS only tries to catch up or purchase technologies they can.

aside from windows and the normal stuff like office, they do NOT innovate anymore

ChrisJ1968 said,
that's what he was talking about. MS just aquires a company because MS doesn't innovate anymore.they see what they like.. buy it, then add it to their portfolio.

used to be back in the day during the 90's they had talent and innovated from every direction. Now, it seems like MS only tries to catch up or purchase technologies they can.

aside from windows and the normal stuff like office, they do NOT innovate anymore

Right now, every big company is pretty much the same = zero creativity and when they need it then, they decide to purchase small companies.

Specially when some big companies trend to catalog their workers as commodities (with the exception of executive position).

ChrisJ1968 said,
that's what he was talking about. MS just aquires a company because MS doesn't innovate anymore.they see what they like.. buy it, then add it to their portfolio.

And other companies don't? Google purchased Android for $50,000,000 and Apple purchased Siri. Apple purchased NeXT for $404,000,000... Apple didn't even create iTunes... they even purchased that.

http://en.wikipedia.org/wiki/List_of_acquisitions_by_Google
http://en.wikipedia.org/wiki/List_of_acquisitions_by_Apple

Commenting is disabled on this article.