SM: Where are you now in terms of revenue, growth and profitability? EM: For 2008 we will have in excess of $20 million. We are operationally profitable. We are self-sustaining, which means we do not expect to have additional working capital coming from investors for day-to-day operations.
San Diego-based Service-now.com was founded in 2003 out of the ashes of Peregrine Systems, which was purchased by Hewlett-Packard (and is now that company’s competitor) in a fire sale. Fred Luddy, who was the CTO of Peregrine Systems, believed that legacy enterprise IT software is akin to “customer abuse” and set out to build a
SM: What is driving your low medical billing rejection rate? EM: There are a variety of things. We have a sophisticated process of taking the claims and scrubbing them before they go out to ensure they are encoded correctly.
WSJ echoes what I’ve been saying all along. They even quote me this time. I’m going to the Kauffman Foundation’s Economics bloggers conference on Friday, where we’re to brainstorm on policy issues, and discuss ways to bring the focus back to entrepreneurship and innovation. If you have a blog or a column, please try to
Following up on my last Forbes column highlighting the brain drain from technology to finance, let me ask the readers an important question: Should Entrepreneurship 101 be compulsory for all science and engineering students in college, and early on, to be completed by the end of the freshman year? I believe students should be exposed
Online tech help is plentiful, but solving a problem or getting a direct answer to a question can be cumbersome: describing what is going wrong with your computer or application is not always easy and frequently involves a long chain of emails or chats among users who can’t see one another’s screens. The desktop sharing
SM: Let me change the course of the conversation a bit. I would like to understand the genesis of this company. How did it start and what did it take to get to this point? EM: It was started in 2002. There was some nucleus of intellectual property that was purchased from a previous company.
Thomas Friedman has a good article in the NYTimes on how stimulus money ought to be spent. He suggests, instead of giving $20 billion to the whining General Motors, give it to 20 top VCs, and encourage them to take big risks. Read Start-Up the Risk Takers. He also acknowledges that the stimulus vis-a-vis renewable