If you like keeping up with what your favorite celebrity, sports figure, or even your best friend or favorite relative has said, then you’ll love Hark. Founded by David Aronchick and Fouad El Naggar in 2007, this Seattle-based company has become one of the 10 largest entertainment/movies sites on the Web, according to comScore. Approaching
Sramana: By 2009 you had started going deeper into the supply chain and were reaching cutters directly. How did 2009 end for your business? Mithun Sacheti: We ended at around $3 million in revenue. We had around 90,000 diamonds listed at that point. We had really developed our international pipeline by then. If at any
In a lively discussion of a BBC video, Bindi Karia of Microsoft and Milo Yiannopoulos debate how and even if the UK should emulate the system created in Silicon Valley. Click on the paragraph for the rest of this week’s articles.
Sramana Mitra: So, it’s a technology-enabled solution. It’s not a people-empowered service; it’s software as a service. Mike Toplisek: That’s right. It’s about empowerment. We’re driving more toward that. We have a business with an existing cost structure that enables us to provide human touch as needed. We’ll service our customers in the way that
Sramana: What kind of capital requirements did you have to get the business launched? Mithun Sacheti: We budgeted $500,000 between the two of us. We were determined to launch the business once we had spent that amount regardless of where we were, and determined that once we had spent that amount, we would sit down
SM: This is an interesting discussion. When people read this interview, can they gauge how to determine whether or not they would be a fit for you? MT: Yes. It’s very broad. We play in multiple verticals. So, what we’re doing is alignment of value-add applications and bundling that with other necessary tools like collaboration
Sramana: How did you go about developing your diamond aggregation pipeline? Did you primarily rely on your family’s history and contacts? Mithun Sacheti: Aggregating diamond suppliers in India alone was not enough. We needed to be everywhere. We had to go deep and get inventory from Hong Kong, Israel, New York, Antwerp, and Bombay. Those
Sramana Mitra: Talk to me about some of the trends you are seeing. Mike Toplisek: We started a little less than a year ago bringing some of these cloud computing and IT services to small and medium customers. The interest in the older flows and the funnels have validated the trend we believed to be