Sramana Mitra: You got your first customer in 2007. How much money did you put into this? John Rauscher: A few millions. Sramana Mitra: Right at the beginning, you put a few millions in the company, right away? John Rauscher: No, not right away. We stopped looking for customers when we understood that people didn’t
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Sramana Mitra: What was the customer segment that you were going after and what was the pain point that you were solving for them? William King: We’re a technology company first that is focused foremost on life sciences. Simply put, we wrangle this universe of Big Data and put it to use for pharmaceutical companies. What
Like many, I have been following the Ellen Pao vs. Kleiner Perkins saga. Last week, New York Times had a report on it that has a brief mention of the key issue, in my opinion, that no one else seems to be highlighting: Kleiner has had about 24 junior partners in its history, Mr. Doerr
While my first key lesson from Ellen Pao vs. Kleiner Perkins is for both men and women, this one is specifically for women. Yes, we’re watching this trial bring to focus gender discrimination as a core issue in the technology industry. That discussion needs to happen. I am glad it is happening. Meanwhile, for young,
Sramana Mitra: Can you give an example of something that was not possible for a salesperson to do before you introduced your product into the process? John Rauscher: Let’s take an example of a financial adviser in a retail bank branch. Customers enter from time to time. You go to your bank and look for
Sramana Mitra: What year does that bring us up to? William King: I left London at the end of 2008. It was great to learn about business, marketing, and management. The other thing that I’ve always been interested in is the world of technology, given all the devices that we have. The thing that really
Teaching employees to be Entrepreneurs will become standard fare in corporate America. I wrote an earlier piece on this topic Why Corporations Should Train More Intrapreneurs, back in October. In today’s post, I want to discuss some trends we’re seeing in our work with various corporate partners who are either already implementing or considering internal