Enterprise tech's insecurity complex
Today: A pair of security incidents show why corporate attention on magical AI solutions should wait, why CoreWeave's latest funding round shows that it probably won't, and the latest moves in enterprise tech.
Smita Hashim's new job as Zoom's chief product officer is to help it become a broader player in enterprise software. In her view, this new era of hybrid work is opening up new product possibilities built for teams with a mixture of employees in the office and at remote locations.
F5 CEO François Locoh-Donou, now in his seventh year running the Seattle networking and security company, wants to be an "infrastructure agnostic" provider of software that helps companies manage and protect applications spread across the cloud and on-premises systems.
Deep down, most people knew it couldn't last. But the remarkable run enjoyed by enterprise software companies and their investors over more than a decade came to an abrupt end in 2022, and the new order is still sorting itself out.
Jyoti Bansal has no time for golf. The serial enterprise tech startup founder knows he works more hours than the average Silicon Valley executive, which is already a pretty high bar to clear. But that's the price you pay for running four companies simultaneously.