In the spirit of the Renaissance ideas we have discussed on the blog throughout this year, we will do something new for the next few weeks … a music festival. We’ve never done this before, but I am delighted to introduce you to an artist whose mastery of two major genres of Bengali music –
In startups, often, some of the most compelling businesses are created by people who have deep domain knowledge of complex, esoteric areas, from Email Marketing (Example: Act-On) to Environmental Compliance (Example: Enviance) to Online Payments (Example: Plimus). The notion of unfair advantage helps in competing and creating defensible barriers in crowded markets. I have personally worked in
Sramana: If a company like Autodesk has a product for sale in Europe, and I am in the U.S., what is preventing me from just going to the European website to place my order? Hagai Tal: Most people simply go to the website. We are the vendor who supplies e-commerce tools, but companies need to
One of my readers suggested he would like to see more coverage of Indian entrepreneurs on this blog. Well, we’d be delighted to oblige. Here are the pitching instructions if you have a story-worthy venture. Please feel free to forward to your friends and fellow entrepreneurs. (1) Deal Radar: If your company is greater than
Sramana: So, you’re saying that Plimus occupies a unique segment of the e-commerce payments platforms by focusing on subscription or intellectual property transactions? Hagai Tal: There are a lot of other players, but they all offer only a portion of what we do. Companies like Vindicia do subscription management, but they do not touch the
Sramana: What kind of private equity investor were you able to bring in to help with Plimus? Hagai Tal: Susquehanna Growth Equity, which is a private equity group, made the investment. They are based in Philadelphia. They bought 50% of the company at a $40 million valuation. We used that money to hire a management
Entrepreneurs are invited to pitch their businesses or attend the 106th FREE online 1M/1M roundtable on Thursday, December 1, 2011, starting at 8 a.m. PST/11 a.m. EST/9:30 p.m. IST. You can find more details here and register here. We hope you and any entrepreneurs in your circle will join us, all are welcome!