Today’s 160th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, February 7, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India. Click here to join. All are welcome!
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Daniel is president and CEO of south Florida–based Modernizing Medicine, Inc., a healthcare company that aims to change the way medical information is created, consumed, and used to increase efficiency, lower costs, and improve outcomes. Daniel has a BS from Cornell University where, as an undergraduate,
Sramana Mitra: Let’s get down to the specifics of what you are selling to these energy traders. John Plavan: We sell subscriptions to a software as a service web-delivered product that enables our clients to identify extreme risks for extreme heat or extreme cold events. They use that information as an input in their energy
Sramana Mitra: Is DataXu a 30 percent services and 70 percent products kind of company? Bill Simmons: Currently, the majority of our customers are managed service clients, but we continue to see an uptick in self-serve clients, and we expect that to continue in 2013. I think the reason our technology gets adopted is because
Sramana: How long did it take for people to start engaging you once you had decided to sell the company? Eli Sasson: It is hard to say because we did not start the process at a particular date and time. We gradually moved into the decision and gradually made it known. I would say that
John Plavan is the CEO, cofounder, and chariman of EarthRisk Technologies, a company that uses big data tools to create weather forecasts, especially in the fields of high and low temperatures. The special thing about EarthRisk systems is that they can create forecasts up to 30 or 40 days prior to any respective event, far
Sramana Mitra: Let’s talk about the optimization bit. Once you have the data measurement and analytics infrastructure, what kind of optimization are you able to do? Give me some use cases, please. Bill Simmons: The typical use case for traditional media is called direct response advertising. If you want to place ads and drive people
Sramana: How did you manage your rapid growth from $5 million to $25 million? Eli Sasson: We had to expand the management layer of the company. That was the key first step. We added additional information systems to enhance reporting. We had to really build out all aspects of the company.