Today’s 166th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, March 21, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join.
Today’s 166th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, March 21, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Tony Jamous is the CEO and co-founder of Nexmo, a company that hosts a cloud-based SMS API which allows high volume transmission of messages at wholesale prices. Tony spent 12 years in the wholesale messaging industry at mBlox and Paymo, where he opened mobile messaging and
Sramana Mitra: What else is interesting in your story? Seth Redmore: The problems – what doesn’t work well. I personally think that is the most fun part. The classic part of text analysis is humor and sarcasm. It is very hard to tell. For example, someone says, “I love the Apple store.” If that is
Sramana: I think you have a tremendous advantage because you have 50,000 customers who already know you. They know what quality you deliver. They are your customers, and I think that is why you are getting the higher conversion rates. Scott Skinger: In our financial models we were trying to be conservative. We were looking
Sramana Mitra: What big data applications do you see yourselves being stuck in to? Certain big data applications or big data genres have a certain text analytics component to them. Seth Redmore: So you have a text. That is the first bit. But there is stuff that can be turned into text. That is what
Sramana Mitra: I think the bottom line is they are not architecturally in a place to handle a dynamic environment. Sasha Gilenson: A truly dynamic environment, yes. Let’s say there is an urgent issue with a particular application. The system administrator runs and accesses the machine to fix the issue; because it is so critical,
Sramana: What assumptions are you making in terms of what percentage of your existing customer base will convert to the new business model? Scott Skinger: I have been very conservative building financial models. We did not have real data prior to the launch, and as of today I have 10 days of data collected. Prior