Sramana: I am a big fan of opening companies outside of Silicon Valley. I think there can be some definite advantages. For one, you did not have to fight the talent war that companies in the Valley have to fight. Sinclair Schuller: After having started a company outside the Valley, I am also a fan
Sramana Mitra: I remember that you were bootstrapped for a long time. Borge Hald: That is right. We were about 110 people and had $30 million in revenue when we finally decided to take the investments.
Today’s roundtable had examples of two strategies we’re encouraging: ‘Bootstrapping with a paycheck’ and ‘Bootstrapping using services’. Aurulent Consulting First up, Vishnu Krishna from Noida, India, pitched Aurulent Consulting, a firm that he wants to position to sell consulting to foreign SMEs trying to set up shop in India. However, Vishnu’s current value proposition is
Borge Hald is the chief executive officer of Medallia. Borge graduated from the University of Michigan’s Stephen M. Ross School of Business and the Stanford University Graduate School of Business. He previously worked for Procter & Gamble and the Boston Consulting Group in Stockholm, London, and Oslo. In this interview, he paints a picture of
Today’s 193rd FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, October 24, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join.
Today’s 193rd FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, October 24, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
India has a minuscule seed capital ecosystem. Entrepreneurs thus have to be really creative to survive. My new piece How To Navigate The Seed Capital Gap in India offers a synthesis of how entrepreneurs are getting around. Two companion pieces offer perspective on why the ecosystem is developing so slowly: Seed Investors in India: Why So Few?
Sramana: Would it be fair to say that VCs in your neck of the woods don’t see a lot of fundable deals? Sinclair Schuller: Deal flow in upstate New York is very shallow. The typical flow for VCs was from New York City. Most of their deals were consumer oriented. Sramana: In a way, that