Steve Cheney

Steve Cheney
Contributor Steve Cheney is currently Head of Business Development at GroupMe, and formerly an engineer and programmer with a rich technology background across consumer, mobile, infrastructure and web industries. A Silicon Valley native, Steve spent the majority of his career at Integrated Device Technology, marketing hardware and software to Apple, Cisco, Intel, Google, Nokia, Foxconn and hundreds of other OEMs/ODMs worldwide. Steve has also worked as an M&A investment banker at Morgan Stanley and in educational roles both independently and at Kaplan. During college he founded an independent software business which developed custom productivity solutions for construction and law firms, and co-founded a ten-person construction firm which grew to serve thousands of residential clients. He has a B.S. in Electrical Engineering from the University of California at Santa Barbara and an MBA from Columbia University with an emphasis in finance and strategy. CrunchBase profile →

Latest from Steve Cheney

  • How to Make Your Startup Go Viral The Pinterest Way

    How to Make Your Startup Go Viral The Pinterest Way

    On Thanksgiving, Pinterest’s co-founder Ben Silbermann sent an email to his entire user base saying thanks. It was fitting, as Pinterest was born two years ago on Thanksgiving day 2009.  Ben had been working on a website with a few friends, and his girlfriend came up with the name while they were watching TV. Pinterest officially launched to the world 4 months later. Some startups go… Read More

  • Google Voice and FaceTime – Why the Carriers Are Losing Their Voice

    Google Voice and FaceTime – Why the Carriers Are Losing Their Voice

    Lately it seems like there is endless news around messaging, VoIP and video calling. Apple recently announced they’d added FaceTime support for the Mac, and had shipped 19 million FaceTime-enabled iOS devices since June. Google Voice also made headlines last week for an outage, but I think the bigger news associated with that downtime is how fast they’ve been growing. And… Read More

  • The Sexy Details of How the iPad and MacBook Will Hook Up

    The Sexy Details of How the iPad and MacBook Will Hook Up

    During the Back to the Mac event, Steve Jobs made a particularly witty remark that made the audience giddy with laughter: “We asked ourselves, what would happen if a MacBook and an iPad hooked up? Well, this is the result, we think it’s the future of notebooks.” There is always a deep strategic intent with the things that Apple does, especially when it comes from Steve Jobs. Read More

  • The Truth: Why iPhone Users Will Ditch AT&T and Run to Verizon

    The Truth: Why iPhone Users Will Ditch AT&T and Run to Verizon

    Last week we saw the carriers’ growth numbers for Q3 2010, and AT&T completely blew away Verizon with new subscribers. Despite mass availability of Android phones, Verizon only added 1 million subscribers in Q3, its lowest total in years. AT&T added 2.6 million. It’s now completely clear why Verizon has finally capitulated and cozied up with Apple—even with tons… Read More

  • Apple Will Take A Pass On 4G Networks For The iPhone In 2011— Sorry Verizon and AT&T

    Apple Will Take A Pass On 4G Networks For The iPhone In 2011— Sorry Verizon and AT&T

    Back in August I broke the news that Apple was lining up a component purchase of several million chipsets from Qualcomm for a CDMA-powered Verizon iPhone due in January. Last week, over two months later, the Wall Street Journal confirmed this story. Now that folks are finally celebrating the iPhone’s imminent arrival to Verizon, speculation has shifted to whether the January model will… Read More

  • Offline/Online Convergence, Mobile Commerce, and Life After Check-ins

    Offline/Online Convergence, Mobile Commerce, and Life After Check-ins

    For years, offline merchants have been acquiring data about you in attempts to personalize your experience through loyalty and rewards cards, credit card data, and surveys. But the problem is these interactions occur after it’s too late: at the point of sale. You’ve already checked out and are leaving the store, or have ordered dinner. For a merchant to convince you to add an… Read More

  • Why Intel’s M&A Binge Will Fail – Buying Growth is Not a Strategy

    Why Intel’s M&A Binge Will Fail – Buying Growth is Not a Strategy

    Intel’s recent acquisition binge has been enormous—they’ve spent almost $10 billion in the past month on TI’s cable modem division, security software maker McAfee, and Infineon’s Wireless Solutions (WLS) business. At last week’s Intel Developer Forum, CEO Paul Otellini talked about this massive acquisition spree like it’s predestined to succeed. But if… Read More

  • Behind The Bidding War: The Real Reasons Why HP And Dell are So Desperate For 3Par

    Behind The Bidding War: The Real Reasons Why HP And Dell are So Desperate For 3Par

    As I was writing this, news of the HP / Dell bidding war for 3PAR broke on the front page of Yahoo. This made me laugh, as it typified just how crazy this story has become—few things outside of a bidding war will make a storage acquisition sexy enough to make mainstream news. At $30, HP’s current offer is the sixth bid, a 200 percent premium over 3PAR’s previous $10 share price. Read More

  • Apple Testing Proximity-Powered Prototypes Today; Likely To Appear In iPhone 5

    Apple Testing Proximity-Powered Prototypes Today; Likely To Appear In iPhone 5

    Over the weekend it was reported that Apple hired Benjamin Vigier, an expert in near field communication (NFC), a short range wireless protocol most synonymous with contactless payments. This key Apple hire is perhaps the strongest public signal yet of Apple’s intent to use NFC to build on its micropayments franchise and disrupt traditional point of sale using a mobile commerce… Read More

  • Why The Verizon iPhone Rumors are True—CDMA iPhone Due in January

    Why The Verizon iPhone Rumors are True—CDMA iPhone Due in January

    We’ve been hearing Verizon iPhone rumors for years now. It’s to the point that no one really believes the rumors anymore, since analysts and pundits have cried wolf so many times.  But this time looks to be different due to some key dynamics in the semiconductor value chain, and I am going to go on record to say Verizon will be selling an iPhone this coming January. Here’s why: Read More

  • Why Checking Into Foursquare With Your Phone in Your Pocket Won’t Always Work

    Why Checking Into Foursquare With Your Phone in Your Pocket Won’t Always Work

    Updating your location in the background on mobile apps is gaining momentum as a use-case, most recently with an app allowing you to Check-In On Foursquare Without Taking Your Phone Out Of Your Pocket. Problem is—though this sounds really amazing—such uses of background location services are bound by hardware / software limitations and aren’t quite ready for primetime. Read More

  • Why Apple Should Buy Infineon: To Own Mobile And Screw Intel

    Why Apple Should Buy Infineon: To Own Mobile And Screw Intel

    Apple’s earnings and revenue growth in mobile have been awe-inspiring to witness. From zero presence three years ago, Apple is now the most profitable cell phone maker in the world. Apple’s success in this compressed period has helped it become an enormous buyer of components. In fact iSuppli projects that next year Apple will become the second-largest semiconductor buyer worldwide… Read More