Google made news when it announced that it will require government agencies to have probable-cause warrants before delivering the contents of Gmail. We’ll have more on the tech giant tomorrow. Click on the paragraph link for the rest of this week’s posts.
Sramana Mitra: Let’s look at the iOS app store, for instance. I recently read an article that said that the top 25 apps make most of their revenues. Those include companies like Electronic Arts. A lot of them are games. Games seem to be dominating the monetization category. What is your observation about that very
Sramana Mitra: Part of the issue is that India is experiencing this talent crunch as well. How do you see it panning out if there is such scale of growth? This is not low-end talent; we are talking about high-end skill sets. Venkat Viswanathan: History may not repeat itself. I don’t believe India will be
Sramana: Within the B2B framework, your strategy is to get a close to customer business processes as possible. Do you ask customers what their pain points are and design solutions around them? Roman Stanek: That is exactly what I do. I am definitely a B2B person. You need special skills to be a B2C person,
Sramana Mitra: Series A can be five million dollars, a million dollars, half a million dollars, and so on. Miko Matsumura: We have done stuff in the half million dollar range. That tends to be very suitable for one- to two-person jobs. We certainly have the capacity to go bigger, but we are just looking
Sramana Mitra: Where do you hire from in Chennai? Venkat Viswathan In Chennai the two top universities are IIT Madras and Anna University. Those two universities are top on our list. We also work with the department of math and statistics at the University of Chennai.
Sramana: You have mentioned a few of the companies that you have founded. What was involved in going from zero to one million dollars in revenue? What were some of the highlights and strategies you used? Roman Stanek: The first company did not actually reach a million dollars in revenue. This is a great question.
At 1Mby1M, our agenda is to help you figure out how to put one foot before the other and build a sustainable business, irrespective of financing. If you use the program the way it is designed to be used, you would be able to derive value from it on multiple vectors. Let me quantify that