From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 4)

SM: What was the conversion ratio? RK: Over the past two years we have doubled our conversion rate on the free-to-paid subscription side to 4%. Overall, including our transactional pay-per-use which includes enterprise, the conversion rate is close to 10%.

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Seed Capital From Angel Investors: Basil Peters, CEO and Fund Manager, Fundamental Technologies II (Part 11)

By guest authors Irina Patterson and Candice Arnold Irina: I saw you tweeted that Google wants to buy pre-revenue companies. Basil: Yes. I was fascinated to hear Charles Rim,  who’s one of the top five guys at Google who buys companies, said that on a webinar, M&A class, offered by a group called Corum. Yes,

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Seed Capital From Angel Investors: Basil Peters, CEO and Fund Manager, Fundamental Technologies II (Part 10)

By guest authors Irina Patterson and Candice Arnold Irina: Now, we can talk about your favorite subject, which is exits. Basil: Yes, again, I often go on for a whole day on that subject.

Seed Capital From Angel Investors: Basil Peters, CEO and Fund Manager, Fundamental Technologies II (Part 9)

By guest authors Irina Patterson and Candice Arnold Irina: Why do you think you’re better suited to being an entrepreneur, as opposed to being an employee? Basil: A lot of the reasons are the ones that we talked about earlier with the characteristics I would look for in an entrepreneur. For example, I have to

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Vision India 2020 Review: Blueprint For The Entrepreneurial Ecosystem

From Kartik Raichura’s review of Vision India 2020 by Sramana Mitra for Management Paradise: “I recently laid my hands on Vision India 2020 by Sramana Mitra, and couldn’t stop thinking of the endless opportunities that are right in front of us here in India. This book is a must read for every entrepreneur, aspiring entrepreneur, lawmaker,

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 3)

SM: I understand there were three cofounders. Did any of you take a salary role in the beginning of the company? RK: The other guys were still consulting at their previous jobs. I was out raising seed capital to keep the company going because my former company had just been purchased. I was able to

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Roundtable Recap: July 8 – The EJ Methodology

This week’s roundtable was an interesting mix of entrepreneurs ranging from an IP licensing company to a snow removal system. Dr. Marilyn Bruno started off by presenting Aequor, Inc., an early stage biotech company that removes biofilms by using proprietary chemical compounds extracted from marine microbes. Biofilms support the proliferation of bacteria. Marilyn wants to

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 2)

SM: What was the competitive landscape like at that point? RK: Right around the time we launched another small company out of Los Angeles called Dropload. It did not take off as quickly as hoped.