Sramana: What is your market reach? Lon Otremba: We are consistently running 10 million unique players a month. That is growing rapidly. We had 8 million just three months ago. The trajectory we are on now is one that we hope will provide us with 30 million monthly players by January or February. Sramana: How
Sramana: Where did your journey go after Muzak? Lon Otremba: After I left I joined New York Angels and I was looking at a few other situations where I could be a good fit. In the mean time I became an investor and board member in both Internet media companies as well as medical technology
Sramana: Once you realized that the large corporate environment of a place like Procter and Gamble was not for you, what did you do next? Lon Otremba: I was offered the opportunity to get into the media business with a company that published trade magazines. It was an opportunity to sell magazines and make more
Sramana: Lon, let’s start with the background that leads up to the Tylted story. Where are you from? Lon Otremba: I grew up in Michigan. I am an identical twin and I was part of a family that was involved in the automotive industry. My father spent 38 years with the same company. My uncles
I have been watching the trend for a while … the amount of outsourced business being transacted on the various services exchanges around the world is HUGE. We have done story after story on this trend. Here is a summary of the links: eLance, oDesk, Freelancer.com & vWorker (these two have recently merged), CrowdFlower, CrowdSpring, etc. Our
Sramana: What does the entrepreneurial ecosystem in Melbourne look like? Collis Ta’eed: It is a growing ecosystem. I feel that I have seen a tangible growth in the number of businesses here over the years, and we have had some VC funds move in. We have an incubator and an angel fund here. One of
Sramana: That is a very common structure now days. Our team is entirely virtual. I find things like Google Docs very helpful for running a virtual team. Cloud computing in general is very beneficial. We use Zoho for our CRM. Everybody who needs an account on those systems can do it from wherever they are.
It is hard to believe that we have been running FREE mentoring sessions for entrepreneurs since 2008, and are holding our 150th 1M/1M roundtable on November 29! To celebrate and mark this accomplishment, we will be holding a regular working roundtable session with five 1M/1M members. The key area in which 1M/1M has been able to