Bootstrapping With A Paycheck From Atlanta: Ingenious Med Founder Steve Liu (Part 6)

Sramana Mitra: It sounds like the business was starting to become more of an enterprise business from there on. Steve Liu: Very much so, yes. Sramana Mitra: How did it scale? 2008 was when you made the transition to the new CEO. Between 2008 and 2014, what are the milestones and scaling strategies that you

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Building a Global Education SaaS Company From India: WizIQ CEO Harman Singh (Part 5)

Sramana Mitra: I don’t know if you’ve read it, we’ve released a book called Bootstrapping Using Services where we deal with this topic extensively. We have companies that have gone up to $25 million in revenue using bootstrapping using services. This is a very viable strategy. However, you have to do it right. Harman Singh:

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Catching Up On Readings: Latin America’s Tech Hubs

This feature on Tech Crunch looks at Latin America’s most promising tech hubs in Colombia. For this week’s posts, click on the paragraph links.

Thought Leaders in Cloud Computing: Chris Sullens, CEO of Marathon Data Systems (Part 3)

Sramana Mitra: What trends are you seeing in your marketplace? Is the market penetrated at this point or is a lot of your customer base still on legacy systems? Chris Sullens: There’s a lot of white space because of the new entrants and the capabilities of these small guys to now consume the technology. At the high-end,

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Bootstrapping With A Paycheck From Atlanta: Ingenious Med Founder Steve Liu (Part 5)

Sramana Mitra: Was the company based in Washington? Steve Liu: In Atlanta, actually. The hospital medicine job that I got was in Atlanta. Sramana Mitra: I see. You recruited a CEO who would run the company in Atlanta? Steve Liu: Exactly. Sramana Mitra: How did you find this person? What was the criteria and process

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Building a Global Education SaaS Company From India: WizIQ CEO Harman Singh (Part 4)

Sramana Mitra: The angels invested on what thesis? Typically, investors look for investment thesis. What was the investment thesis? Harman Singh: The thesis was that educators want to be connected to students over the Internet. That thesis never changed. The business model was unknown, but this thesis hasn’t changed. It wasn’t about B2B or B2C.

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Thought Leaders in Cloud Computing: Chris Sullens, CEO of Marathon Data Systems (Part 2)

Chris Sullens: From a solution standpoint, we have a proprietary route optimization algorithm that we have developed. It does two main things. One, from a longer range planning perspective, it can put the schedules in any given constraint. For example, a certain technician needs to do a specific job because of whatever constraints. We feed

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Bootstrapping With A Paycheck From Atlanta: Ingenious Med Founder Steve Liu (Part 4)

Sramana Mitra: What’s the next milestone? How far did you go with the angel financing? Steve Liu: We grew and then there was a point where we needed more formal funding from an institutional investor. That’s when we brought in Buckhead Investment. They came in about nine years ago. The initial round was a couple

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