Sramana Mitra: You got this input from the CIO of Goldman Sachs. Did you go talk to other CIOs in the financial sector or other CIOs in general? Sunny Gupta: Yes. I came home back to Seattle. On a long flight back, I thought, “This is the most ridiculous idea I’ve heard because it’s too
Sramana: How much overstock inventory did you have to buy in terms of dollars? Amy Laws: We probably bought $30,000 of inventory. Sramana: What kind of markups were you getting on that $30,000 overstock inventory?
Sramana Mitra: It sounds like there’s quite a bit of classification and slotting that goes on. Is that happening on your end or is that happening in someone else’s system like Blackboard? Sean Brown: It happens on our end. Then that last mile is that the university will say, “It is wonderful that you have
Sunny Gupta: I left IBM and joined a local Seattle-based venture company called Performant as a business guy. I stayed there for 18 months and sold that business to Mercury Interactive. Once I went to Mercury, I transitioned into a product role. That was incredible because a lot of my learnings around being close to
Entrepreneurs are invited to the 219th FREE online 1M/1M Mentoring Roundtable on Thursday, June 12, 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 of
Sramana: What volume of merchandise were you able to push during that first sale? Nicole Brewer: We sold 700 units during our first sample sale. That amounted to around $20,000 of business. Once that sale was over we realized we had a lot of fun and we wanted to do it again, but without having
Sramana Mitra: That would have been my guess. They take advantage of the resources you give them. Sean Brown: The next thing I was going to tell you though is that the new trend is for institutions to start to take advantage of the presence of these video systems and flip the classroom. Schools are
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