Entrepreneurs are invited to the 212th FREE online 1M/1M roundtable mentoring session on Thursday, April 24, 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
In case you missed it, you can listen to the recording here:
VentureBeat follows the annual Game Developers Choice Awards and how the issue of diversity is taking centrestage. For this week’s posts, click on the paragraph links.
Sramana Mitra: You wanted to make the switch to a product company with a hypothesis that this is what you think is needed in the market. You wanted to switch off your consulting business and turn it into a product company in 2011? Ali Behnam: A big part of the product that we had built
Sramana Mitra: In what kinds of disciplines are you seeing the maximum online adoption? Is it engineering, nursing, or business? Todd Hitchcock: Traditionally, there has been a lot of growth in business and engineering. We see a tremendous amount of growth in healthcare professions. We see growth in degree programs that are associated directly with
Sramana: How did the business ramp from 2004 onwards? Tom Kemp: The ramp has been really good. We formed the company in 2004 and we did not ship product until 2005. We did over $1 million in our first calendar year. The next year we grew to $3 million. In 2007, we grew it to
Ali Behnam: Early on as we got engaged in our analytics practice, we realized that there is a big need for help with tagging. A lot of customers were unsatisfied with their analytics implementation. The number one cause of that dissatisfaction was the fact that their implementation was not done in a proper way and
Sramana Mitra: In these cases, are the universities providing the content and you’re providing the delivery framework? Are you also providing content? Todd Hitchcock: I’ll walk you through the component. After we’ve done the market assessment, we engage with the university and talk about all of the services that need to be in place in