Boom or Bust? 11 Big Bets on the Future of Boston Tech

7/9/12Follow @gthuang

(Page 11 of 11)

Wayfair (fka CSN Stores)
HQ: Boston, MA
Founded: 2002
CEO: Niraj Shah
Amount raised: $165M
Investors: Battery Ventures, Spark Capital, Great Hill Partners, HarbourVest Partners.
What it represents: The future of retail, not just e-retail.
Why it wins: Already a bootstrapped success; no other big players are doing “Ikea online” (or “Amazon for the home”).
Why it loses: Who needs another Amazon-like site? What’s the exit for investors, an IPO or big acquisition? Either way, things will change.
Photo courtesy of Wayfair


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2 responses to “Boom or Bust? 11 Big Bets on the Future of Boston Tech”

  1. Great piece, Greg. Thanks for the props, and the warning. Worth noting… Actifio is radically simple copy data management. We stop the data storage explosion lots of businesses are struggling with right now by addressing its root cause: the siloed data protection and availability apps creating, moving, and storing copy after copy of everything in production. Think backup, snapshot, disaster recovery, test & dev, etc. We replace all that complexity and expense with a storage appliance that creates a single, golden copy of everything in production, and tracks changes to it over time. The result is a single, simple, elegant system that lets you recover any thing from any time instantly for up to 90% less than you’re paying today. It’s really not that hard to understand, we just need to do a better and more consistent job explaining it. I promise we will.

  2. Gregory T. Huanggthuang says:

    Thanks, Mike. I suspect your customers get the concept right away. It’s just one of those things that’s hard to write about in the mainstream press. You guys are building a very interesting company—definitely one to watch closely.