Sramana: What did you position Actifio to be when it emerged as a company? Ash Ashutosh: There is a lot of data storage sold because people love to protect, share and analyze their data. People spend more data making copies of data and managing data than they do producing data. They spend 5 to 13
Sramana Mitra: And that is already exhausting the pool in Calcutta? K. R. Sanjiv: Yes, it is getting stretched. Calcutta is a place with a lot of statistical institutes.
Sramana: The financing market has gone away from fat startups. Everybody wants deals with traction. If you have a company that requires significant amounts of money to prove validation, how do you get that to market? Ash Ashutosh: This is a pivotal issue to this day. It is the core of culture. I am a
Sramana Mitra: Is there anything else you would like to comment on in that domain? K. R. Sanjiv: As far as B2B companies are concerned, I think it is not so much of a fantasy. The potential they have today in terms of white spaces within their business processes is phenomenal. There are a few
Sramana: It is interesting that you used different financial strategies in each of your first three businesses. Was this maturation of you as an entrepreneur? Ash Ashutosh: In each of these cases there was a method to the madness. Your business dictates the resources you bring to the table. Your business dictates the opportunity. If
Sramana Mitra: Who are your top three clients in the BI/big data domain, who are really pushing the envelope on cutting-edge technology? K. R. Sanjiv: I will not be able to name customers, but let me throw some color on this. Historically, over the last 10 years, the big consumers of analytics have been retail
Sramana: How did the venture capitalist find you? Ash Ashutosh: I don’t know. He was out of Dallas so I am sure he heard about us somewhere. We were doing very well. The company had zero external financing. There were four co-founders who owned 100% of the company. When we got acquired we realized that
Entrepreneurs are invited to the 178th FREE online 1M/1M roundtable mentoring session on Thursday, June 13, 2013, at 8 a.m. PDT/11 a.m. EDT/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any