Entrepreneurs are invited to the 247th FREE online 1M/1M roundtable mentoring session on Thursday, February 5, 2015, at 8 a.m. PST/11 a.m. EST/9:30 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:
Sramana Mitra: Let me understand the open source strategy a little bit better. You offer a portion of your technology as open source, right? Mike Oeth: Correct. Sramana Mitra: It’s a freemium open source model. You have other functionalities and features. It’s a classical commercial open source model. Mike Oeth: Right. On top of that,
During today’s roundtable, we celebrated the launch of my new book, Billion Dollar Unicorns, with Vineet Jain, founder and CEO of Egnyte, a potential Unicorn company in the same space as the much-hyped Box – Cloud Storage and File Sharing. In this discussion, we did a deep-dive on the space and how it is likely
Today’s 246th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, January 29, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.
Sramana Mitra: Interesting! What about financing? Did you, at any point, raise external financing? Mike Oeth: We did not. We have stayed completely self-funded. We see ourselves as a software company and we’re lucky enough to have software margins. We’ve been cash flow positive since 6 to 12 months of starting. Rob does the marketing and
By Guest Author Soren Petersen Design-driven startups are ideal for attracting funding on crowdfunding platforms such as Kickstarter, Indiegogo, and Crowdfunder. However, competition for funds is fierce and only the top percentile receives significant funding. For example for Kickstarter “Design” projects only the top half percentile receive funding in excess of half a million and
Sramana Mitra: This went live in 2004? Mike Oeth: The company went live in 2004. The OnSIP Hosted PBX was October 2006. It was actually nice not being funded by VCs. We had the flexibility to change our business plan and go out and see what was working and what wasn’t. The SIP Trunking was