Sramana Mitra: How do you describe the value proposition of what you’re delivering to your customer base today? John Sundberg: Generally speaking, most companies already think that they’re all messed up internally and it’s very hard for them to get something done. They already see the pain. What we do is we come in and
Entrepreneurs are invited to the 231st FREE online 1M/1M roundtable mentoring session on Thursday, September 25, 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
Sramana Mitra: How big is your developer ecosystem? I imagine that part of your strategy is to unleash the whole creativity of the developer ecosystem on your platform. Jeff Lawson: Yes, we have over 400,000 developers using our platform. Sramana Mitra: Are these large companies? What’s the mix of that ecosystem?
In case you missed it, you can listen to the recording here: You can find the dates and register for upcoming roundtables here. Book: From E-Commerce to Web 3.0
Today’s roundtable kicked off with a great discussion with Jason Stoffer of Maveron. Maveron is a consumer-only venture capital firm that has had a successful track record of investing in e-commerce ventures ranging from eBay, Shutterfly, Groupon to the more recent Zulily. They also invest in education ventures. In today’s discussion with Jason, some of
Sramana: I know you had experience developing software and you knew the change process. You had a basic understanding of the problem domain. As you were building the company, did you bring together a set of customers to work with as you were developing the product? Paulo Rosado: Fortunately we did, yes. Sramana: What was
Sramana Mitra: What is the ramp of the company? You said you did $100,000 and then $250,000 in the second year. John Sundberg: We were doubling every year for about six years. Then it went flat for about five years during the economic slowdown. Last year, we did $7.5 million and the year before $5 million.
Sramana Mitra: This is a very good discussion. Give me some more interesting use cases. What other segments or interesting creative ideas are you seeing in your developer ecosystem? Jeff Lawson: We’ve got pretty much every sharing account including companies like Airbnb and TaskRabbit. In the sharing economy, you use technology to connect supply and demand