NYT has a fun article, Punching Above Its Weight, Upstart Netflix Pokes at HBO. Are we getting ready for a Hollywood vs. Silicon Valley next in Television and Film?
Sramana: You decided to go to market with 1,000 of the most popular products in your market segment. Did you buy that inventory? Tony Ellison: No, everything we did was drop shipped. We bootstrapped the business, so our only way of making things work was to partner with a distributor out of Chicago. For example,
Sramana Mitra: Interesting. That’s very clear. Obviously, SharePoint has been one of the main Intranet and Extranet building tools in the market. What else do you view within your space?
Today’s generation of students has a high exposure to the Internet, smartphones, social and many other technologies from a very young age. It is not uncommon to see college students tinkering with technology, starting digital startups, and making millions (and occasionally even billions). Some drop out of school to build their business, but not all.
Sramana Mitra: You have probably seen maybe 30% of Internet traffic to homes in the U.S. is due to Netflix? Austin McChord: Yes. Sramana Mitra: Could that be a lever that pushes the ISPs and the carriers to do something about the level of connectivity or the quality of the connection?
Entrepreneurs are invited to the 206th FREE online 1M/1M roundtable mentoring session on Thursday, February 20, 2014, at 8 a.m. PST/11 a.m. EST/9:30 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
In case you missed it, you can listen to the recording here:
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. The Shoplet case study is interesting because it illustrates how an entrepreneur has bootstrapped a category leading e-commerce venture by trading off margins in favor of minimizing logistical challenges. Sramana: Tony, let’s start with the beginning of your story. Where were you born and raised? What