By guest authors Irina Patterson and Candice Arnold Irina: Will your new Independence Equity fund be making seed investments? Michael: It will be the first institution round, so typically it will be series A and series B type investments. Depending on how large the fund gets to be down the road, the size of investments
By Sramana Mitra and guest author Shaloo Shalini SM: What e-mail system did Westmont College use before IT started exploring cloud-based solutions? RS: We were using Postfix. It is an open source–based product, but our e-mail scale had grown so dramatically over the years and the storage behind it was getting problematic.
As we saw in the recent Tech Stocks post on Amazon and eBay, retail analysts expect e-commerce to increase at a much higher rate than traditional sales this November and December. Social commerce is still small: blogs and social networking sites are the first step in the shopping process for just 3% of customers. But
Sramana: Did you build your entire company through debt financing, or did you eventually take equity? Roger Hardy: We did eventually take equity. In 2004, we did a small IPO on the Canadian Venture Exchange. We raised $6 million at that time based on a $30 million valuation. Our revenue at the time was $24
By Sramana Mitra and guest author Shaloo Shalini In the multibillion-dollar market of higher education in the United States, we see an interesting trend whereby a combination of IT people and college communities are playing the role of an active “lead user” and using the cloud computing paradigm to make campus life simpler and information
Entrepreneurs, the next free online roundtable will be held this Thursday, November 18, 2010, starting at: 11 a.m. EST/8 a.m. PST/9:30 p.m. IST. Please join us and let other entrepreneurs know. You can find more details and register here.
By guest authors Irina Patterson and Candice Arnold Irina: Could you give us a timeline of your career up to this point? Michael: I graduated from the University of Pennsylvania in 1990. I studied international relations and economics. It was basically an East Asian studies within the international relations. I studied Japanese, and I spoke
By guest authors Irina Patterson and Candice Arnold Irina: What do you look for in the people? I see you’re very young yourself. What kind of experience do you look for in the people? Christina: For two of the companies I’ve invested in, the founders have been very young. I think both of them were