Technology Ventures: From Idea to Enterprise 4th Edition by Thomas Byers,Richard Dorf ,Andrew Nelson

Exercise 1

1 In 2005, Google released Google Earth and the Google Map APIs. Google is bring compelling mapping and visualization functions within reach of all web developers. In 2006, Amazon released a grid storage web service called S3 which stands for "Simple Storage Service." Amazon positions the service as a highly scalable, reliable, and low-latency data storage infrastructure at very low costs. What business models are these two companies pursuing with these products? How are these types of web services impacting the resource acquisition strategies of new ventures (e.g. Web 2.0 companies)?