Jas bootstrapped CareSkore with a paycheck and then was accelerated at YCombinator. The company rapidly scaled to over $5 million in revenues in 2016 selling a patient relationship management to hospitals and insurance companies. It’s a great window into a segment of Healthcare IT!
Sramana Mitra: Let’s start by introducing our audience to CareSkore.
Jas Grewal: That product that we’re bringing to market is called personalized population management. We are going after the population health market. There’s a lot of reasons why that segment is emerging at a really fast pace. It has a lot to do with what kind of outcomes we expect from this country from a >>>
Entrepreneurs are invited to the 331st FREE online 1M/1M roundtable mentoring session on Thursday, December 8, 2016, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
According to IDC, shipments of wearable devices grew 26.1% in the second quarter of 2016 to reach 22.5 million. Fitbit (NYSE:FIT) dominates the market with a 25.4% share while Xiaomi, Apple, and Garmin follow with 14%, 7% and 6.9%, respectively. >>>
By Guest Author Soren Petersen
Startup communities across the globe look to Silicon Valley as their model for how to build high performance entrepreneurial ecosystems. However, attempting to copy the Silicon Valley model will almost certainly ensure their failure.
Extraordinarily tight, disciplined strategy and execution has enabled David to build a tremendously fast growth company with a small team. A lot to learn!
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
David Kashak: I was born in Israel. I grew up in Israel and studied engineering at Tel Aviv University. After studying, I started as a programmer in a cyber security company in Israel. At one point, they offered to relocate me to New York. That offer was very interesting because I wanted to get more exposure to business. I moved to New York. >>>
This feature from TechCrunch looks at the winner and runners up in the Disrupt London Hackathon held in London over the weekend. The winner The Emotion Journal uses IBM Watson to create a smart voice journal. For this week’s posts, click on the paragraph links. >>>
Sramana Mitra: What was the inflection point? I remember there was a channel-based inflection point that you were able to hit upon as well, right?
Dan Stewart: It was the introduction of the custom-writing services that caused the spike in our revenues. Instead of providing a single message that they can send once per month, by providing this custom content, we became attractive to a much broader audience.
Sramana Mitra: When was that?
Dan Stewart: That was 2013. >>>
Sramana Mitra: In 2011, you had scaled significantly. Where are the revenues at this point?
James Kane: I want to say they’re right around $4.5 million or so. My recollection gets a little bit fuzzy there.
Sramana Mitra: What are the next strategic moves? What was the thinking behind those moves?
James Kane: We entered a period of time where growth slowed. We attributed it to the charging of the setup fees. In 2011 and 2012, we suffered a little bit in terms of growth. We didn’t lose ground. We just weren’t growing as explosively as we wanted to. Then in early 2013, we changed our model to one where we didn’t charge large upfront setup fees. That wound up reigniting sales growth again. >>>