Sramana Mitra: Was the seed that you got enough to get you to the next milestone or did you have to raise? Brad Peters: We raised seed financing before we started. We couldn’t afford to make the mortgage payment without a little bit of seed financing. We got a little bit of seed financing from
Sramana: Was the transition process contentious or was it something that happened naturally? Rajiv Kumar: It was not contentious, although it was not easy. Change is hard, but it felt like the right thing to do. The ideas I was presenting and my evangelism were compelling. It took some planning, but I was impressed with
This conversation takes our coverage of the cloud-based productivity space further. Sramana Mitra: Mark, let’s introduce our audience to yourself as well as Smartsheet. Mark Mader: I’m the CEO of Smartsheet. We are a Software-as-a-Service provider that serves about 40,000 businesses today in over 150 countries. The category of solution that we provide is enabling
Entrepreneurs are invited to the 211th FREE online 1M/1M roundtable mentoring session on Thursday, April 10, 2014, at 8 a.m. PDT/11 a.m. EDT/8:30 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
During this week’s roundtable, we had a range of presenters working on businesses as diverse as green products to healthcare IT to HR software. Eco-Baggeez First up, Elizabeth Race from Syracuse, New York, pitched Eco-Baggeez, an eco-friendly sandwich bag concept that she is trying to bootstrap while holding on to her full-time job. This, by
In case you missed it, you can listen to the recording here:
Sramana Mitra: What did you do in 2005 when you started this company? Brad Peters: We needed to do two things. We had to get some funding because we didn’t have personal savings to be able to survive very long. We needed some seed capital. We spent a lot of time thinking through markets where,
Sramana: What were some of the interesting challenges you faced when raising VC money? Rajiv Kumar: What Brad and I decided to do while we were raising our venture round was to return to school and get our medical degrees. We felt that we should be able to do that and have a growing, successful