SM: How much of the market do you think you have penetrated? DC: We will do just north of $11 million this year. We are different in that we have 500 customers in 50 countries around the world. We are at Series D, which I would normally equate with a company with really high revenues.
By guest authors Irina Patterson and Candice Arnold Irina: How long do they need to be in business? Mitch: We work with businesses that have typically been in businesses for several years. It’s not a program for startups. It’s a program for businesses that typically have $250,000 to $3 million in revenue and also businesses
By guest authors Irina Patterson and Candice Arnold Mitch: In general, business owners don’t do a good job of helping a bank to very quickly and readily understand the excellent performance of their businesses. It’s very hard for a bank to assess the performance of a small business. Given the economics of small loans, it
By guest authors Irina Patterson and Candice Arnold This is the ninth interview in our series on financing for entrepreneurs. I am talking to Mitch Jacobs, founder and CEO of On Deck Capital, a small business online lending platform. Irina: Hi, Mitch. Let’s start with your background and how you arrived where you are today.
The next free, online 1M/1M Strategy Roundtable for Entrepreneurs will be held this Thursday, July 1, 2010, starting at 11am EDT/8am PDT/8:30pm IST. We hope you will join us and let other entrepreneurs know. You can find more details and register here.
BlackLine Systems creates and sells enterprise software designed to automate and control the entire financial close process. This is the basic monthly accounting process wherein a company reconciles its books. In April, Gartner named BlackLine in its 2010 “Cool Vendors in Risk Management and Compliance” report.
SM: What are the deployment models of your first two products? DC: The Purfresh Cold Storage is integrated into existing warehouses. The Purfresh Wash is used as part of the line when fruit is harvested. Today they use heavily chlorinated water.
Wow, Argentina completely outclassed Mexico today, and Germany did the same with England! The quarterfinal match coming up brings back memories of one of my favorite games ever: the 1986 Mexico World Cup final, which Argentina won 3–2. José Brown and Jorge Valdano scored in the first half to put Argentina up 2–0. West Germany