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Bootstrapping from Belgium: iText CEO Bruno Lowagie (Part 4)
Bruno Lowagie: I asked what we can do to solve this. IBM said, “We have to do it the hard way.” Actuate was a company under the Eclipse umbrella. They entered a research agreement with Gent University. The deliverable was an IP overview. During 2007, I went to the university to do my job but as soon
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A Textbook Case Study of Capital Efficient Entrepreneurship: Bhavin Parikh, CEO of Magoosh (Part 4)
Sramana Mitra: At that time, the competitive landscape was limited to that other company that was not as far along as you or were there other people who you were competing with? Bhavin Parikh: There were several other companies that we were competing with. There were the big institutions like Kaplan and Princeton Review. In
257th Roundtable For Entrepreneurs Starting NOW, Live Tweeting By @1Mby1M
Today’s 257th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, April 30, at 8:00 a.m. PST/11:00 a.m. EST/8:30 p.m. India IST. Click here to join.
Amazon Finally Reveals its Cloud Financials
Lately, Amazon (Nasdaq: AMZN) has started revealing more financial details about their business segments. Last quarter, they spoke about Prime and this quarter, they shared a peek into the world of their cloud business. And, the market is pleased with what they saw.
From Y Combinator to Customer Traction and $50 Million in Financing: MemSQL CEO Eric Frenkiel (Part 4)
Sramana Mitra: What is the go-to market strategy? Eric Frenkiel: We started the company with zero code. Since we had that ability to focus on what we wanted to build into the product, we’ve been able to build enterprise-grade features into MemSQL in a very short period of time. Our hurried go-to market strategy is
A Textbook Case Study of Capital Efficient Entrepreneurship: Bhavin Parikh, CEO of Magoosh (Part 3)
Sramana Mitra: At what point did you actually start getting more deliberate and intentional about the customer acquisition? Bhavin Parikh: To fill in the timeline, that was fall of 2009 when we launched the product. We were still in school. During that time, we actually tried hard to figure out customer acquisition but we really just
Bootstrapping from Belgium: iText CEO Bruno Lowagie (Part 3)
Sramana Mitra: Was this something that you created on the side? It was your own intellectual property. Bruno Lowagie: Yes. Sramana Mitra: This was in 2000? Bruno Lowagie: Yes. Sramana Mitra: What does that first release mean? Did you give it to the open source? Bruno Lowagie: I released it initially in LGPL library but then a
From Y Combinator to Customer Traction and $50 Million in Financing: MemSQL CEO Eric Frenkiel (Part 3)
Sramana Mitra: What is the rationale behind relational database at this point? Eric Frenkiel: That’s a great question. In fact, it’s one of the first questions our investors asked us, “Why are you building a relational database? The entire world is going to NoSQL.” We had a very contrarian view at that time, which was that
