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garydpdx
Brian, it wouldn't surprise me if people have been referring to Tensilica as a ...
BrianBailey
I wonder if they could start paying a dividend to the employees and owners, thus ...
What is an EDA startup?
Brian Bailey
3/19/2013 12:33 PM EDT
Had I asked this question ten or so years ago, I think there would have been a clear answer – it is a company that has been around for a year or two, possibly just released their first product, maybe even have a customer or two. The expectation would have been that they would have either been acquired by a large EDA company or would have continued to grow as one of the middle sized companies of the industry. But how things have changed. In a recent EDAC event, the following slide was presented.
The “hottest” EDA startups. And topping the list is Oasys. Let me see. This company has been around since 2004 and their first product launched in 2009. They now have multiple products and that orders more than doubled in 2012 by the addition of several of the top semiconductor and IP vendors to its previous list of marquee customers. How about OneSpin solutions? Founded in 2005 from technology developed inside of Infineon. Berkeley design automation – founded 2003 and talks about over 100 semiconductor companies using their products. Of those with at least one mention we see Forte first released product in 1999, Jasper has been around for close to 20 years now… I could go on.
It would seem as if the new definition of startup is that they are not public or they haven’t been acquired by one of the big three. Until last week, would we have called Tensilica a startup?
Brian Bailey – keeping you covered
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Comfortable
3/19/2013 10:29 PM EDT
Brian, that's just amazing that someone would produce such a list. BDA started in 2001 I think. Which brings up another question. How long will the investors wait for a payback on their investments when a company like BDA is obviously making money.
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Sharath666
3/22/2013 9:42 AM EDT
We should have a system by which investors get a payback without a company going public.Not many companies have performed to their potential after going public.After going public, companies are focussed on just rewarding shareholders instead of working on high tech..
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BrianBailey
3/22/2013 11:29 AM EDT
I wonder if they could start paying a dividend to the employees and owners, thus relieving the need to cash out.
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garydpdx
3/25/2013 6:17 PM EDT
Brian, it wouldn't surprise me if people have been referring to Tensilica as a start-up. I had a similar reaction to yours with the EDAC chart at the last Deloitte Fast 500 (and Fast 50 subset for Canada). Nearly every firm that won in their class, and those afterward, were over ten years old! (e.g., Accedian Networks, Beyond The Rack, etc.)
On tech news sites like TechCrunch, GigaOm and Mashable (oh, how my world has changed since leaving Big 3 EDA!), there's a constant struggle to define what a startup is, often co-mingled with details relevant to the sector that the author comes from. Just look at a Portland, Oregon example ... Urban Airship, which began as two guys in the first week of June 2009 and were not even ten when it raised Series A at the end of July 2010, now with an expanding headquarters in the Pearl District with nearly 200 employees, is still called a startup!
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