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- The Accelerator Conundrum
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Bootstrapping a $10M Creative Marketplace: Envato Founder Couple Collis and Cyan Ta’eed (Part 1)
Collis and Cyan Ta’eed are the founders of Envato, an online creative marketplace. They founded Envato together after having ran a freelance design agency together out of Australia. Collis studied math and science while Cyan earned her degree in design. Sramana: Let’s start at the beginning of your personal stories. What leads up to Envato?
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Funding Working Capital for Small Businesses: Kabbage CEO Marc Gorlin (Part 7)
Sramana: In your industry there must be issues around the APIs of various payment infrastructures and data systems. Some are easier to tie into now; for example, you can tie into PayPal via an API and run your algorithms on that data. Is that becoming the standard? Marc Gorlin: It is tremendously helpful to have
Funding Working Capital for Small Businesses: Kabbage CEO Marc Gorlin (Part 6)
Sramana: What has been the financing structure of your business? Where does the capital come from, and how did you put the pieces together to create this business? Marc Gorlin: It has been different at different times. In many ways it was harder to raise our first $25,000 than it was to raise our last
Thursday, Nov. 15 – 149th 1M/1M Roundtable For Entrepreneurs
Entrepreneurs are invited to the 149th FREE online 1M/1M roundtable on Thursday, November 15, 2012, at 8 a.m. PST/11 a.m. EST/9:30 p.m. IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra, one of Silicon Valley’s top strategists. You’ll gain constructive feedback and she’ll answer any of
Funding Working Capital for Small Businesses: Kabbage CEO Marc Gorlin (Part 5)
Sramana: How many customers do you have, and what is the nature of their use of Kabbage? Marc Gorlin: We have north of 65,000 customers. Not all of them are active at one time. We put out north of 30,000 advances. That is one of the things that is unique about our platform. You have
1Mby1M Deal Radar 2012: CallFire, Santa Monica, California
CallFire is a Santa Monica, California–based text messaging and voice platform for businesses. It was founded by a group of friends with a passion for technology and a desire to build a successful company from the ground up and perhaps alter the course of telecom along the way. CallFire provides a cloud platform for businesses
Catching Up On Readings: Obama, Big Data, and the Science of Predictions
Not all of this election’s headlines revolved around jobs, health care and foreign policy. The work of people such as blogger, statistician, and sabermetrician Nate Silver, who correctly predicted which candidate would win all 50 states, sheds light on the use of big data to predict and analyze natural and human activity. Click on the
Funding Working Capital for Small Businesses: Kabbage CEO Marc Gorlin (Part 4)
Sramana: What is the formula for calculating how much money people can get against their recievables? Marc Gorlin: That is part of our secret sauce. However, it takes into account various data sources and different sources have different values. Nobody, unlike any other financial institution, gets turned down solely based on their credit score. We
