Today’s 161st FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, February 14, at 8:00 a.m. PST/11:00 a.m. EST/9:30 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. Professor Anant Agarwal was my graduate advisor at MIT in the mid-nineties. In Anant, I found a kindred entrepreneurial spirit, someone who encouraged me to pursue my entrepreneurial dreams, even if that meant quitting the PhD program at MIT. Over the past 20 years, both of
Oliver Bussmann is executive vice president and chief information officer of SAP AG. He counts 20 years of executive experience and previously worked for Allianz of America Corp. and Deutsche Bank. He is a pioneer of social media deployment for business-building and has received several awards, including the 2012 Social CIO and European CIO in
Sramana Mitra: So, that means a large number of your customers are basically Internet companies. Companies that provide Internet services or Internet retail, e-commerce, and so on. Is that correct? Billy Bosworth: That is certainly not uncommon. Overall, I would not say Internet companies, but that their applications are Internet based. That is the better
Sramana: Where are you located? Daniel Cane: We are in Boca Raton, Florida. Sramana: That is a region that does not have as much of an angel or a VC community. That makes your company’s story even more interesting.
Sramana Mitra: The map that is emerging in my mind is that you are doing all the big data processing on your side, whether it is Adobe building a product on top of your platform, or eBay or Netflix building certain capabilities in their transactional systems. That is how you go to the market. Is
Sramana: This is one of the few stories I have heard where this type of fundraising has taken place. It is wonderful, and it makes perfect sense. You have converted customers into very serious evangelists. Daniel Cane: Exactly. The company has done well financially, so I think everyone is happy with the outcome. Raising money
Sramana Mitra: I would like you to do two more use cases. Feel free to pick whatever would be a good illustration of your functionality. Bill Bosworth: What we tend to focus on is the following: When we work with larger companies, many of them have lines of business that are trying to fundamentally change