Entrepreneurs are invited to the 340th FREE online 1M/1M roundtable mentoring session on Thursday, February 16, 2017, 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.
Sramana Mitra: Where I would really understand the difference is if you can tell me what you were able to do in terms of CPMs. I’ve had a blog for 10 years, so I know exactly how blog advertising and ad networks have evolved. The CPMs are real shit. If you tell me that what you did has really impacted the CPM, that would actually give me more concrete understanding of what’s going on here.
Roy Peleg: We have done a few things along the way to improve the revenue. The CPMs you could expect from AdSense at that time were around a dollar to dollar and a half.
Sramana Mitra: A dollar to dollar and a half was what AdSense was generating? >>>
Cloud-based storage services provider Dropbox has been debating for a while about going public. Last year’s dismal technology IPO and stock performance had swayed its decision to delay its IPO. But recent news suggests that the Billion Dollar Unicorn player may finally be looking at going public this year.
Lane was first a teacher, then a school and school district administrator. His background is not of a typical tech entrepreneur. However, his deep domain knowledge and relationships in the education field have propelled him to become a very successful EdTech entrepreneur. Great story!
Sramana Mitra: Let’s start at the very beginning of your entrepreneurial journey. Where are you from? Where were you born, raised, and in what kind of background?
Lane Rankin: I’m currently in California. I was born in Seattle, Washington. I have a Bachelors degree in Applied Mathematics and went on to get a Masters in Leadership. I started my first company back in 1999. >>>
During this week’s roundtable, we worked with two entrepreneurs and looked at some videos that generated further discussions and Q&A.
Vinaya Kurpad, pitching from San Jose, CA, CoolGrad.com, presented a video-based college selection feedback site. Vinaya has some early metrics of user engagement around about 400 videos. She needs to validate the unit economic of video production, CPM, traffic acquisition, etc. She also wants to sell analytics on student feedback to universities, which requires critical mass of student engagement per university.
Sramana Mitra: What year are we in now?
Roy Peleg: Around 2012.
Sramana Mitra: What happens in 2012?
Roy Peleg: I decided to leave the startup and start the company I’m currently running. What actually happened is that I decided to completely quit my day job. I did some consulting along the way, but almost 100% of my time was dedicated to the startup. I listened to a lecture by another entrepreneur who found a way to monetize websites by securing the unused page that you see after you download a software. >>>
Today’s 339th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, February 9, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 339th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, February 9, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!