If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Faisal is one of those rare entrepreneurs who have managed to grow his business with no outside financing to significant scale. We discuss his journey here. Sramana Mitra: Let’s go to the very beginning of your story. Where are you
Sai Gundavelli: We also did two killer partnerships. One is with a company called Kronos and the other one is with EDT. We made them put OEM on our products. They also had a lot of data that they needed to archive. They’re implementing our product in all their customers. We’re getting all the seeding with
Entrepreneurs are invited to the 270th FREE online 1M/1M roundtable mentoring session on Thursday, July 30, 2015, at 8 a.m. PDT/11 a.m. EDT/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
Sramana Mitra: Did it give you a sense of how much they were willing to buy it for if you built it? Dave Terry: Absolutely. We established the price and had agreement on everything. Sramana Mitra: What was that price that they agreed to buy it at? Dave Terry: We probably shouldn’t get into those
Sramana Mitra: This is a US–India model since Helion is involved? Jaswinder Chadha: Yes. Two-thirds are in India and the rest are in the United States. Sramana Mitra: Where in India is your operations? Jaswinder Chadha: In Gurgaon. Sramana Mitra: What else is interesting in the story that you want to share?
This feature on Entrepreneur.com summarizes a list of 12 disruptive technologies that have the greatest potential to remake today’s business landscape. The list called the ‘Disruptive Dozen’ is compiled from a book by McKinsey directors Richard Dobbs, James Manyika, and Jonathan Woetzel. For this week’s posts, click on the paragraph links.
Sramana Mitra: Given that was your analysis of the market, how did you get the venture off the ground? Did you raise money? Did you self-finance? Dave Terry: It was just Alan and me. Our prior organization was an all licensed in-house model. We knew we wanted to build this entire organization as a SaaS infrastructure.
Sramana Mitra: What is your model? Do you do services? Do you have products? What’s the business? Jaswinder Chadha: It’s all of the above but we, primarily, view ourselves as a services company. Even software today is a services business. In some ways, we have an advantage in that we came from building products and