I popped into the Four Seasons Sunday evening for Sand Hill Group's holiday celebration. I've been a big fan of M.R. Rangaswami, co-founder of the Sand Hill Group because of his success in making enterprise software interesting again.

M.R's software conference has become one of those rare conferences that gets better every year. The next Software 2007 conference is on May 8 and 9 in Santa Clara. And his web site, Sandhill.com is the best source of news and insights into the enterprise software market.

A bonus was bumping into Terry Garnett, of Garnett & Helfrich Capital--the venture buyout firm. Also, it was a pleasure talking with Eric Faurot, senior vp at CMP, the veteran trade media company. Mr Faurot is piloting an interesting media expansion strategy that will be worth watching.

And Joshua Sun, an attorney at Fenwick & West, provided a fascinating conversation about the M&A activities in Silicon Valley. All in all, a decent way to spend a Sunday evening if you have to work...

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Lunch with the Swami of the enterprise software sector...