Business Incubator Series: Ross Sanders, Bizdom U – Detroit, Michigan and Cleveland, Ohio (Part 6)

By guest authors Irina Patterson and Praveen Karoshi Ross: Our selection is a rigorous process. We are trying to get the more serious people because we have invest a lot time and energy and resources into these folks, so we want to get in people who are really serious about it.

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Plug-and-Play Cloud Storage At Home: Cloud Engines CEO Daniel Putterman (Part 3)

Sramana: Did you come to those conclusions by the time you started your third company? Daniel Putterman: I came to those conclusions during the middle of my third company. I started a company called Mediabolic. We created the ability for consumer to experience multimedia on TVs and other devices; they were used to consuming media

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Outsourcing: Alexei Miller, Executive Vice President Of DataArt (Part 3)

By Sramana Mitra and guest author Sudhindra Chada Sramana Mitra: How do you identify this kind of group of people, [who will stay with you and build the company]? Alexei Miller: We search for them. We have very strong managers in Russia and Ukraine who are scouting different regions. They go and meet people at

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Business Incubator Series: Linda Darragh, ARCH New Business Incubator, University of Chicago – Illinois (Part 1)

By guest authors Irina Patterson and Vandana Upadhyay I am talking to Linda Darragh, who is director of entrepreneurship programs and clinical associate professor of entrepreneurship at the Booth School of Business at the University of Chicago. She teaches the New Venture Lab and the Social Entrepreneurship Lab and has been a coach for the

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Business Incubator Series: Ross Sanders, Bizdom U – Detroit, Michigan and Cleveland, Ohio (Part 5)

By guest authors Irina Patterson and Praveen Karoshi Ross: Our entrepreneurs get access to resources and funding for their business. We think it is a huge opportunity. They get a stipend, as I mentioned, for the four months, while in the program. We provide laptops and BlackBerries; really everything connected with to program, so they

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Plug-and-Play Cloud Storage At Home: Cloud Engines CEO Daniel Putterman (Part 2)

Sramana: You did not take a term sheet to start MaxInfo. How did you finance the company? Daniel Putterman: I bootstrapped. I used credit card debt, I borrowed money from friends and family, I did consulting and converted those revenues back into financing for the company. I carried almost 30 people on payroll for a

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Outsourcing: Alexei Miller, Executive Vice President Of DataArt (Part 2)

By Sramana Mitra and guest author Sudhindra Chada Sramana Mitra: That gives me a way into drilling down into what is going on in Eastern Europe: Russia, Ukraine, Croatia – these countries have emerged as major software destinations. Would you talk more about that part of your strategy? How many people do you have in

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Business Incubator Series: Ross Sanders, Bizdom U – Detroit, Michigan and Cleveland, Ohio (Part 4)

By guest authors Irina Patterson and Praveen Karoshi Irina: How many companies have you incubated to date? Ross: Right now we have 11 companies that we are working with. There are a few more that we have launched. They have not recorded funding yet, but we have 11 that have gotten funding.