By guest authors Irina Patterson and Candice Arnold Troy: So, by all objective measures, [last’s year program], it was a success. There is a lot of energy and passion in the Chicago marketplace and we’ve decided, obviously, to continue. We have funded the program for the next three years. We raised a fund for three
Sramana: If the model only appealed to 60 million Americans then it would be a niche product. Is that the case? Jay Samit: It was a niche, however brands got tremendous attention from people but it did not scale to the size that it should have because it was focused from the value exchange of
By guest authors Irina Patterson and Candice Arnold Troy: SurePayroll eliminated the cost of all those pieces: the paper checks and reports, the delivery guy, the car he drove in, and the building drove from and the operator. It really reduced the cost and make it much simpler and easier for small businesses to process
Sramana Mitra: I have a couple of follow-up questions to what you said. What other companies do you see in deals? When you are competing for a particular deal, what kind of competitors are you seeing?
Entrepreneurs interested in discussing their startup ventures are invited to pitch their businesses or attend the next FREE online strategy roundtable, co-hosted with Indian Angel Network, on Thursday, May 5, 2011, starting at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. IST. You can find more details here and register here. All are welcome!
Raj Sheth’s Recruiterbox was chosen the best business of those presented at the last roundtable through a poll on our 1M/1M Facebook page. Congratulations! In case you missed it, you can listen to the recording here, read Sramana Mitra’s roundtable recap here, and register for upcoming roundtables here.
Jay Samit is a serial entrepreneur and the CEO of SocialVibe, a company that focuses on monetizing Internet traffic by allowing users to select charitable donations for viewed advertisements. He began his career by founding Jasmine Multimedia, one of the first companies to develop video multimedia on computer platforms. He has also served as a
At this week’s roundtable, we had five entrepreneurs pitching. One recurring theme that kept coming up is that entrepreneurs are finding guerrilla p.r. and SEO as two of the most effective and affordable customer acquisition strategies. At yesterday’s private roundtable we also had this discussion, so I thought I would mention it in today’s recap.