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Blog » Archive for May, 2015

Raising $20 Million from Angel Investors: Everyone Counts CEO Lori Steele Contorer (Part 6)

Posted on Monday, May 11th 2015

Sramana Mitra: You’re not going to become a billion-dollar revenue company in two years. Lori Steele Contorer: No, the next presidential cycle is beyond 2016. The next one will be the 2020 election. Sramana Mitra: You said you originally raised some angel money and then acquired the Australian company for stock. Given that you had

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Building a Founding Team Financed Business from Omaha, Nebraska: InfoFree CEO Rakesh Gupta (Part 1)

Posted on Monday, May 11th 2015

The InfoUSA founders sold their information service business and reconvened to build InfoFree, a next generation Data-as-a-Service business. The company is funded with $15 million of funding from the co-founders, especially Vin Gupta, founder of InfoUSA, and is in the $5M+ revenue range and is now looking to scale to the next level. Sramana Mitra:

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Thursday, May 14 – 259th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, May 11th 2015

Entrepreneurs are invited to the 259th FREE online 1M/1M roundtable mentoring session on Thursday, May 14, 2015, at 8 a.m. PST/11 a.m. EST/8:30 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

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Bootstrapping Using Services: eMazzanti CEO Carl Mazzanti (Part 1)

Posted on Monday, May 11th 2015

Carl has bootstrapped eMazzanti using services to close to $10M, maintaining a 20% y-o-y growth rate. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were your born, raised, and in what kind of background? Carl Mazzanti: I was born in Pennsylvania. I come from a military family.

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Catching Up On Readings: Happy Mother’s Day 2015

Posted on Sunday, May 10th 2015

On this Mother’s Day, Entrepreneur.com features a few mompreneurs in the Tech industry who have successfully mastered the juggling act of acing a career as well as motherhood. For this week’s posts, click on the paragraph links.

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Raising $20 Million from Angel Investors: Everyone Counts CEO Lori Steele Contorer (Part 5)

Posted on Sunday, May 10th 2015

Lori Steele Contorer: We began to focus on United States for serving overseas and military voters. We did that because the numbers were staggering. 70% of the time that people tried to vote from abroad, their votes weren’t counted. That’s not because governments don’t count the vote unless they have to. That’s a misperception. Governments always have

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Successful Pivots on Product, Market, Business Model: Gigya Co-Founder and Chief Strategy Officer Eyal Magen (Part 7)

Posted on Sunday, May 10th 2015

Sramana Mitra: I’ll tell you one thing that I disagree with in what you said in this particular comment. I think you actually grew perfectly reasonably from a SaaS business model point of view after you made the switch in about 2010. If you look at your company from 2010 to 2014, my assumption is

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Serial Entrepreneurship in Pittsburgh: Ron Bianchini’s Amazing Journey (Part 7)

Posted on Sunday, May 10th 2015

Sramana Mitra: By the time you went to VCs, you had proof of concept, plenty of customer feedback, and you were a proven quantity as far as the VCs are concerned. I imagine raising money was not very difficult. Ron Bianchini: Right. I loved our Series A round. We basically went back to Menlo and

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