Sramana Mitra: What year does that bring us up to? Mike Oeth: 2002. Sramana Mitra: Where were you located? Still in Connecticut or had you moved out by now? Mike Oeth: At that point, I had moved down to Yardley, Pennsylvania. RCN is based in Princeton, New Jersey; so for a while, I was commuting
The theme of entrepreneurs building robust companies without outside capital continues in the story of OnSIP. Sramana Mitra: Let’s start at the beginning of your personal story. Where were you born, raised, and in what kind of circumstances? Mike Oeth: I was born in the MidWest, specifically in Speedway, Indiana. It’s the home of Indianapolis
This feature from CNN covers the highlights of the Digital Life Design conference held in Munich last week. It includes some inspirational talks for entrepreneurs by Idealab Founder Bill Gross and venture capitalist Ben Horowitz. For this week’s posts, click on the paragraph links.
In case you missed it, you can listen to the recording of this roundtable here: 245th 1Mby1M Roundtable with Warren Weiss, Foundation Capital
Entrepreneurs are invited to the 246th FREE online 1M/1M roundtable mentoring session on Thursday, January 29, 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
Sramana Mitra: What are you able to do? What strategies do you follow to make that an instant fit in some sense on the mobile phone? Darren Hill: If you think about products, products have attributes and tags. The consumer uses those tags to find products on the website. The biggest thing we’re doing is tagging the customer.
During today’s roundtable, we celebrated the launch of my new book, Billion Dollar Unicorns, with a special guest, Warren “Bunny” Weiss, General Partner, Foundation Capital. I have known Bunny for many years, and he has a long track record in the Silicon Valley venture capital industry. Bunny shared areas he and Foundation are excited about
Sramana Mitra: Given that it is such a high-touch customer service model, the question that I’m trying to ask you is. Right now you’re heavily venture-funded and you can finance your cost. At scale, does this company have the unit economics to become profitable? Ambarish Gupta: Well, that’s true. The unit economics of this product is