Sramana: How did you go from leaving Intellibank to being the CEO at oDesk? Gary Swart: In the process of raising money at Intellibank I ran into Greg at Sigma, who told me that they liked me but not Intellibank. Sigma then asked me to come run one of their companies. That is why I
By guest authors Irina Patterson and Candice Arnold Irina: Would you consider investing in a $20 million niche market? Venktesh: Yes. If it’s a $20 million market and somebody owns a decent chunk of the company and the valuation is, within two years of investing in it, let’s say, $4 million. The company gets acquired
By guest authors Irina Patterson and Candice Arnold Irina: Is this, managing the fund, your full-time job? Eric: Yes, it is. And a lot of it is to facilitate the selection of companies that present and also to make sure that the due diligence gets done thoroughly and well and politely in a way that
By Sramana Mitra and guest author Sudhindra Chada Sramana: Okay. Are there any other process that we should have discussed in understanding how you do your work? Mark: Let me think. We are just obsessed with analytics, and we measure everything.
By Sramana Mitra and guest author Shaloo Shalini Sramana: What do you see in terms of the broader evolution of the cloud computing adoption in your mid-market, say the $200 million–$500 million band? It seems to be an industry segment where cloud computing is a blessing, where you don’t have to spend as much money
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Sramana: I just hired somebody on oDesk, and the way I structured the project it paid a fixed amount for a project to transcribe 30 interviews. It is staff augmentation, because I need that flexible resource to be able to augment my staff. Gary Swart: You can use it that way; however, the genesis of
By guest authors Irina Patterson and Candice Arnold This is the thirty-sixth interview in our series on financing for entrepreneurs. I am talking to Eric Pozzo, fund manager at the Oregon Angel Fund. It is a professionally managed, investor-driven angel organization that launches a new $3 million fund each spring and invests in companies in