Sramana: At that time, there was a lot of activity in CRM. What functionality did existing vendors miss? Clate Mask: Our customers were very small businesses, typically between two and ten employees.They needed e-mail marketing integrated with their customer relationship management. Our software program was as much an e-mail marketing program as it was a
By guest authors Irina Patterson and Candice Arnold Jason: For the seed investment, there’s a sliding scale in that the better we think the entrepreneur is, the less validation we need in terms of user traction and business model traction. In other words, for us to back a PowerPoint, we have to think the person
By Sramana Mitra and guest author Shaloo Shalini SM: Interesting! So, you basically leap-frogged the previous generations of on-premise technology and went straight to cloud computing because that is what makes sense right now, that is where the good stuff is in terms of time to market and rapid adoption, right?
Volusion will be co-hosting the next free online strategy roundtable on Thursday, January 27, 2011, starting at: 11 a.m. EST/8 a.m. PST/9:30 p.m. IST. Entrepreneurs who work with Volusion will be given first priority to pitch their businesses, but all are welcome to attend. You can find more details and register here.
Gagan Biyani’s Udemy was chosen the best business of those presented at yesterday’s roundtable through a poll on our 1M/1M Facebook page. Congratulations! In case you missed it, you can read Sramana Mitra’s roundtable recap here or listen to the recording found here.
Sramana: What did you do in 1999 when the company you were working for was acquired? What path did you take? Clate Mask: I stayed on board for another couple of years. About.com was the fourth-largest Internet company due to their roll-up of other companies. They were right behind Yahoo!, MSN, and AOL. It was
By guest authors Irina Patterson and Candice Arnold Irina: How many entrepreneurs did you actually incubate? Jason: In the past 18 months, we’ve funded two PowerPoint presentations, roughly, where there was a great entrepreneur with an idea, but that was it. That’s a pace we’re comfortable with. We might accelerate. Irina: So, they came in
I want to start today’s recap with a prayer for Steve Jobs. I just wrote a post on my blog saying, Apple Doesn’t Need Steve Jobs; Tech Industry Does. It sums up my sadness at the thought of our industry not having the privilege of Steve’s thought process. I have, most certainly, drawn tremendous inspiration