Sramana: After you had raised your initial rounds with Sigma, how much money had you raised? Gary Swart: We raised additional funds with Benchmark. We took $6 million in our A round, $8 million in a B round, and $15 million in our C round. We have raised $29 million total. We have essentially not
By guest authors Irina Patterson and Candice Arnold Irina: We were talking about one of your investments, Columbia Power Technologies. Eric: It’s a pretty early stage based on how far they have to go to get to where they want to be for us. They have not finished some of the designs on the turbine,
By guest authors Irina Patterson and Candice Arnold Mike: No founder has the complete package. Whether it’s great technical chops or product chops or business and strategy acumen, you never have a founder who has all of that. When you define what the company needs to do, during the next, say, 12 to 24 months,
PAC Labs creates solutions to help employers the best technology talent anywhere in the world. The company’s flagship product is GILD, a tool that PAC Labs describes as “where social gaming meets career advancement.”
Sramana: Transcription is not necessarily easy, especially if you are doing highly technical transcription. Transcription is just an example. Translation is another area where there is a ton of work. Gary Swart: There is a lot of work in translation. We have large customers coming to us asking for translation. They do not want PhD
By guest authors Irina Patterson and Candice Arnold Irina: Why do you think you were not successful at investing in people right out of school? What did you learn from that experience? Eric: There are a lot of mistakes one makes in one’s youth, and no matter what you suggest to these folks as an
By guest authors Irina Patterson and Candice Arnold Irina: On average, from all your sources, how many applications do you personally get per month? Mike: That’s a good question. Hundreds. Irina: Out of those hundreds, how many deserve a closer look? Mike: I would say maybe 8 to 10 are worth pondering to some extent.
Entrepreneurs, the next free online roundtable will be held this Thursday, November 11, 2010, starting at: 11 a.m. EDT/8 a.m. PDT/9:30 p.m. IST. We hope you will join us and let other entrepreneurs know. You can find more details and register here.