U.K.-based Spotify has its sights set on the U.S. market, where Netflix dominates. Click on the full article link to read the rest of this week’s posts.
By guest authors Irina Patterson and Vandana Upadhyay Irina: How many people do you have working in your incubator now? Pravin: We have four outside advisors who work once a month or once a week, with these companies depending on the requirements. We have somebody who understands retail, somebody who understands the Internet, or somebody
Sramana: What is the genesis of Marketo? Phil Fernandez: My previous companies were million-dollar enterprise software companies. They were classic enterprise software companies with big sales forces. Salesforce had not quite burst on the scene but it was getting started. There was a new point of view that there was a whole new software company
By guest authors Irina Patterson and Vandana Upadhyay Irina: How do you find your current deals? Pravin: We have been in the game since 1990. Individually, we are quite well known in the early-stage business. Because we have been around, we have a very good network with investment bankers, and we are very active in
Sramana: Where does the story go from there? Phil Fernandez: After that I got hooked up with a company that is now TIBCO. Back then it was an incubator called Technicron Software Systems. Rick Haven was the chief operating officer, and he was my mentor.
By guest authors Irina Patterson and Vandana Upadhyay Pravin: So, we went with an idea of a $50 million fund. It turned out to be quite easy to raise and within six months we were all ready to go. We had interest from variety of funds. We could have raised more money but we didn’t
Entrepreneurs interested in discussing their startup ventures are invited to pitch their businesses or attend the next FREE online 1M/1M strategy roundtable on Thursday, May 26, 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!
Abinash Karana’s 10screens 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 listen to the recording here, read Sramana Mitra’s recap here, and register for upcoming roundtables here.