SM: Why did you buy your shares back from Softbank, and why did Softbank allow you to do that? JK: When VCs invest in a business, the have an expectation of a profitable exit. By 2009, Softbank had been invested for five years and we were profitable, but they had not received a return on
By Sramana Mitra and guest authors Irina Patterson and Candice Arnold Sramana: What other programs are you thinking about or incubating within your charter that are going to help this ecosystem that we work with and you work with? Sean: The SBIC program, again, it is a fund of funds. For the most part, it’s
This part of the interview covers topics such as standards, integration, ROI.
Sramana Mitra recently shared some lessons from India on becoming an entrepreneur and discussed her book Vision India 2020 with Marty Nemko on KALW Radio (NPR San Francisco). To hear or download the show, click HERE. Vision India 2020 by Sramana Mitra is available from Amazon.com and Flipkart.com.
By guest author Cindy Weng Social gaming has shown no signs of slowing down, and there are many who want to capitalize on this multimillion-dollar market. Google, in an effort to offer more socially aware services, recently purchased social entertainment company Slide Inc. for an estimated $200 million. If this price didn’t shock you, maybe
SM: In the ten years you have been in business, how has the business progressed? Where have you made money and gained traction? JK: We have had good traction. In the early years we were viral, explosive, and unique. That lasted for three years and allowed us to launch with no marketing money. When the
From Jim Stroup’s review of Innovation: Need Of The Hour (Entrepreneur Journeys, Volume 4) by Sramana Mitra on his blog, Managing Leadership: “A particularly valuable characteristic of these [Entrepreneur Journeys] books is that Mitra’s own thinking on the theme of each book is organized into a clearly-structured argument which is then expressed in brief, lucid essays,
By Sramana Mitra and guest authors Irina Patterson and Candice Arnold Sramana: I think the DOE [angle] is very straightforward because the energy agenda is very present. Clean tech is an active field of entrepreneurship right now, so we understand the DOE very well, and we understand the synergy between the clean tech community and