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Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 3)
Sramana Mitra: Which brings us up to mid-2000? Praful Saklani: That’s exactly right. In 2005, I decided it was time to move back to the US for a variety of reasons. I wanted to get back into enterprise software and started to think about the things that either I had experienced as a pain point
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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 3)
Sramana Mitra: What next? What happened in 2006? Tom Fallenstein: In 2006, we moved into a 10,000 sq. ft. facility and started the company. I hired my mom and two sisters to work full-time and started building out the websites. Sramana Mitra: Were there other properties in 2006 or just those three? Tom Fallenstein: No, we
Concept-Financing $8.5 Million: Gaurav Rewari, CEO of Numerify (Part 2)
Sramana Mitra: You can’t have everything. You have to choose. What year does that bring us up to? Gaurav Rewari: In early 2000, I decided to do another startup in the consumer space. It was a company called FirstRain, named after the Indian monsoon season. I have memories of staring out at torrential rain and
Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 2)
Sramana Mitra: Where were you when you were doing this company? Praful Saklani: I was back in Minnesota. We were based in the Twin Cities. Our customer base was all over the country and the world. The company that bought us was actually based out of Ireland. Sramana Mitra: Before we go into the details
Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 2)
Sramana Mitra: You joined the costume business in 2004? Tom Fallenstein: Yes, I was the only one doing it full-time. It was only a seasonal business up until 2002 and then I built a website to see if I could make it a full-time job. I was doing extra orders basically through college out of
Concept-Financing $8.5 Million: Gaurav Rewari, CEO of Numerify (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Gaurav has deep domain expertise in the BI space, something he has leveraged to concept-finance a new venture to the tune of $8.5 million. Read how he is building the company, especially how he has positioned the company. Fast growth businesses only happen if you can
Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 1)
Minnesota seems to be developing well as a hub for tech startups. With a strong culture of bootstrapping, we’re seeing a lot of entrepreneurs building high growth businesses. Sramana Mitra: Let’s start at the beginning of your personal journey. Tell me a bit about where you were born and raised and in what kind of
Thursday, Feb. 26 – 250th 1M/1M Mentoring Roundtable For Entrepreneurs
Entrepreneurs are invited to the 250th FREE online 1M/1M roundtable mentoring session on Thursday, February 26, 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
