It turns out that cVidya’s CEO, Alon Aginsky, is listed as a ‘partner’ of business angels group AfterDox. The group’s intriguing name reflects the fact that the investors are all former Amdocs executives. You can see Alon’s AfterDox listing here.
It is no surprise that Amdocs executives can afford to put their feet up and start a new hobby by providing seed capital for new businesses. Amdocs always makes plenty from good old telcos. But can Alon have made so much money from cVidya, and can he have enough spare time, to afford to copy his friends from Amdocs? cVidya, unlike many of its revenue assurance competitors, still relies on VC funding. Now is not a good time for any backers of a small software company like cVidya to look for an exit. Sticking with the investment can be tough too – rumours are that cVidya have recently had some staff cutbacks. So in difficult times like this, you have to wonder what advice Alon gives to those businesses he works with. Perhaps, if he really is an angel, he should share it with all of us. From the looks of several companies in the RA sector, there will be plenty of people willing to listen…
you’re blog is turning yellow.
Reading too much newspapers on your way to work (?) on the tube ?
What’s next ? nude pictures of Subex’ CEO ? secret love letters of Wedo’s CTO ?
Carlos, are you trying to say that WeDo’s CTO is sending love letters to Subex’s CEO, and that Subex’s CEO is sending nude pictures back?
C-Vidya is Alon`s baby. Alon conceived the company idea, choose the company name, helped to make the baby grow strong and healthy and got the funding to get the right tutors and advisors.
Time goes by and now the company is no longer a baby, a toddler or even a child. C-Vidya is now a teenager and as such has its own personality. The once proud father of the young baby, is now dissapointed with some aspects of the the teenager company, its temperament, its grades at school (PnL) and even its social image (market reputation).
Afterdox is a good way to find a step child, another promising company that can bring proud and joy to the shared perents but with less dedication, effort and sacrifice than a single parent.
As for C-Vidya, my guess is that the company is looking for an adopted family. Time will tell.