Sramana: You mentioned that the angel investors you brought on added a lot of value to the company. Would you elaborate on that? You were in revenue right away, so some would argue that this is a business you could have built without their money allowing you to maintain complete control. Andrew Gazdecki: To some
Sramana Mitra: So, you do deals whereby you bring new products into your channel on a revenue-sharing basis? Chris Gatch: A lot of the services we sell to our customers are with third-party partners. Our desktop security product was delivered in partnership with F Secure. Our desktop backup product is in partnership with a large
Sramana: You have mentioned your SEO and ad word marketing campaigns. What were some of your other successful marketing techniques? Andrew Gazdecki: One of the biggest turnarounds came from our initial press. We were very fortunate that we got picked up by big publications such as TechCrunch. We were in The Wall Street Journal and
To further advance initiatives to develop entrepreneurship in Bengal, 1M/1M is joining hands with several Kolkata organizations to hold the Kolkata 1M/1M Pitch-Fest Competition on Thursday, November 1, 2012, at iLEAD in Kolkata, India. Through an application process, 10 companies will be selected to pitch their businesses to Sramana Mitra. Each 5-minute pitch will be
Entrepreneurs are invited to the 143rd FREE online 1M/1M roundtable on Thursday, October 4, 2012, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain constructive feedback and she’ll answer any of your questions. Others can “attend” to
Sramana Mitra: It’s very exciting that small businesses can afford technology at a completely different order of magnitude. Chris Gatch: Yes, it’s amazing. The capital required to start businesses now is dramatically less. The dollars involved in VC rounds have gone down as a result of cloud technology. What’s cool is that the stuff the
Sramana: How much were you charging? Andrew Gazdecki: When we first started, we had a setup fee of $500 dollars. We then charged $39 dollars a month to maintain and host the application. I quickly realized there was a larger opportunity at hand, and that opportunity was to let other people do what I was
SM: What is the impact of Apple in all of this? CG: They’ve changed the browser landscape pretty considerably. They’ve driven HTML 5 shift in the industry and are forcing customers to have to redevelop sites that are moving away from Flash. We haven’t to have client solutions for tools that we roll out that