Mark Levitin is the CEO and founder of OpticsPlanet, an online supplier and retailer of technical and high-performance gear. OpticsPlanet was founded in 2000 and has since been recognized as a leading online retailer by Inc. Magazine and Internet Retailer Magazine. Mark studied engineering in the Soviet Union, where he worked as a medical engineer
Entrepreneurs are invited to the 116th FREE online 1M/1M roundtable on Thursday, February 16, 2012, at 8:00 a.m. PST/11:00 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. You’ll gain constructive feedback and she’ll answer any of your questions. Others can “attend” to
Sramana: I am aware of the complexities involved with risk management systems. There have been several instances where I have encountered the issue. It involves a highly specialized area of expertise. How did you build knowledge of the overall risk domain? Gunjan Sinha: That brings up good lesson for entrepreneurs. You need to find a
Sramana: What impact did your aggressive marketing campaign have on your company and your marketplace? Gunjan Sinha: The market shifted from being in an early evangelical phase to something that had broad-based adoption. Customers stopped thinking of it as something that was nice to have and started thinking of it as something they had to
Entrepreneurs are invited to the 116th FREE online 1M/1M roundtable on Thursday, February 16, 2012, at 8:00 a.m. PST/11:00 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. You’ll gain constructive feedback and she’ll answer any of your questions. Others can “attend” to
Sramana: What was your rationale behind launching ComplianceOnline.com? Gunjan Sinha: We viewed it as a way to bring the community together. It is a way to distribute best practices for compliance, risk, and governance under one umbrella. We have experts who share what works across different regulations, risk areas, countries, and regions. I wanted to
If you haven’t tried a Google a day, you may want to check out these puzzles on a variety of topics while honing your search skills.
For those of you rushing to raise venture capital with a deck of slides or a minimum viable product, let me offer you a challenge: How can you get to a $20 million pre-money valuation in Series A, raise $5 million, and keep control of 80% of the equity?