Today’s 249th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, February 19, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.
Sramana Mitra: Up till what point were you operationally involved? Beerud Sheth: I was there until 2005, or about seven years in the company. In 2001, we started this enterprise software and we sold it in 2007. While the company was heavily focused on the enterprise side, I was a little less interested in that part.
Sramana Mitra: Before you resigned, the site had already gone live? Jodie Fox: That’s right. The website broke-even within the first two months. We still have savings that we were relying upon, but it meant that there was financial security in the company. Sramana Mitra: When you say it broke-even in the first two months,
As part of our continued coverage of the Billion Dollar Unicorns, I’d to like to create a space on this blog to welcome analysis and observations from entrepreneurs who have built Unicorn businesses, as well as investors who have supported these entrepreneurs on their remarkable journeys. Over the last 10 years of this blog, we
Sramana Mitra: This is from VCs or angels? Manmeet Singh: It was angels but most of these angels were working as partners in large VC corporations. They go personally to these conferences. They came by my booth, saw my idea, and asked me, “How many people?” I told them three. They were interested and asked me if I
I have started 2015 with the launch of a new book called Billion Dollar Unicorns. Writing this book took me through the extensive process of talking to entrepreneurs who have built tech companies with valuations above a billion dollars. While there is a tremendous amount of serendipity involved in any extraordinary success story, one recurring
Sramana Mitra: The movement right now is very much in favor of Elance. oDesk is more our platform but it’s the same concept. The only way I can run the company is because of what you’ve invented. However, I have always been a bit early in things. I did a fashion company in 1999. That
Sramana Mitra: What year are we talking? Jodie Fox: We went live in October 2009. The idea started to come together at the end of 2008 and the beginning of 2009. Sramana Mitra: How did you get it off the ground? Did you self-finance it? How did it all come together? Jodie Fox: We bootstrapped