Sramana: How many people did you have in the company at that point? Amit Gupta: We had four co-founders, and then we had 8 people on our support staff. We had a small team, but when you are starting up a company, every expense is very important. When we ran out of cash, we started
Sramana Mitra: It’s not viable for startups to come into a market with major incumbents purely on the strength of usability. I just don’t think it’s going to be viable. Jeetu Patel: Let’s take Syncplicity. We took the DNA that they had around user experience and SaaS. They would have not been able to make a
This interview focuses on some of the bottlenecks facing the cloud services industry in penetrating the SME customer base. Sramana Mitra: Austin, give us a bit of context about you as well as Datto. Austin McChord: I started Datto right out of college about seven years ago. Our goal was to provide backup and SaaS
Fashion is a HUGE industry. The global women’s clothing industry, just a piece of it, is expected to exceed $621 billion in 2014. How many industries do you know of that scale? Yet, online, fashion has still relatively a small presence. In this article, I will explain why, and how to unlock the potential of this
Sramana: What was your run rate for the $500,000 that you raised? Amit Gupta: We were trying to build our own B2C property, so that also involved marketing money. We had to solicit that money without a defined run rate. We started with some basic promotions. We quickly realized that we had a very new
Sramana Mitra: How big is the business? What scale are we talking about? Jeetu Patel: It’s in hundreds of millions of dollars. IDC has predicted growth rates that are actually conservative compared to the ones we had in 2013. We are the fastest growing file sync and share vendor in the industry. The other players in the
Sramana Mitra: Do you foresee consumer smartphones using your technology or do you foresee handset vendors catering to the consumer market building your chips into the devices? Is that how you see the market evolving? Gregg Smith: Certainly, that’s how we want to see the market evolve overtime. One thing that we were able to do
On February 14, 2007, I wrote a widely read post titled: Web 3.0 = (4C + P + VS). On the Internet, it remains, after seven years, a widely read piece, defining a vision for the evolution of the web. However, the web has not evolved according to this vision quite as rapidly as I had