Jim and Sarah’s conversation above is a very common conversation among entrepreneurs. Next time, you encounter an entrepreneur who brags about how much money he has raised, ask a follow-on question: How much ownership do you have left in the company?
SmartRecruiters is going after Taleo and SuccessFactors and intends to disrupt the cloud-based recruiting platform industry. Gutsy and well-conceived, Jerome is executing very well on his vision! Sramana: Jerome, let’s start by reviewing your background. Where are you from? What are the roots to your entrepreneurial journey? Jerome Ternynck: I was born in France. I
Peter Hirst: From an education standpoint, the input doesn’t look that dissimilar from a cost base. The other approach is the MOOCs. Often, they are free and are low-cost courses. We’re beginning to see some executive education versions of those. As I go around and talk to my peers in other schools and in schools
Sramana Mitra: If you try to build a business that is selling to schools, that’s an incredibly slow cycle. I have companies in our portfolio and I know a lot of educational entrepreneurs who have become frustrated trying to sell technology or content to schools. It’s a long sell cycle. The textbook vendors are quite
I wonder! In my recent post, Women ARE Raising Venture Capital, I said, there is no bias among Silicon Valley VCs against women. I got an earful on that one. What? There are hardly any female VCs. So few female CEOs. So few blah blah blah. Right. Yes. I know. But it is what it
Sramana: What are some of the metrics of the business today? Chris Gladwin: We are doing many tens of millions of revenue. We have 130 employees and have raised over $100 million in total. We have built a very large patent portfolio. We have 186 patents. We had six issued last Tuesday. We typically get
By guest author John Mullins Crowdfunding is all the rage today, with more than 50,000 projects funded, and more than $1 billion raised to date on Kickstarter alone. It takes many forms, of course, but the form I worry about is equity-based crowdfunding that is intended to start an ongoing entrepreneurial business, rather than to
This interview is a great discussion about the various experiments going on in the world of higher education and how online learning is playing out there. Sramana Mitra: Let’s introduce our audience to yourself as well as to what you’re doing at Sloan vis-à-vis executive education. Peter Hirst: I’m the Director of the Executive Education