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Blog » Archive for August, 2015

Bootstrapping Lessons: FairWarning CEO Kurt Long (Part 1)

Posted on Tuesday, Aug 18th 2015

Kurt has tried different permutations and combinations of bootstrapping, several of them successfully. Listen to his perspective on each of those. Sramana Mitra: Let’s start at the very beginning of your journey. Where were you born, raised, and in what kind of background? Kurt Long: I was raised in Clearwater, Florida. I grew up in

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Concept Financing from Andreessen Horowitz: Andrew Rubin, CEO of Illumio (Part 5)

Posted on Tuesday, Aug 18th 2015

Sramana Mitra: What are the nuggets of what you were going to do differently and how you were going to do them differently? Andrew Rubin: Very simply put, our industry has been dominated by hardware- and network-based solutions for over 20 years. It doesn’t mean that it’s wrong. It’s just that it was the singular approach. Our

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Concept Financing from Andreessen Horowitz: Andrew Rubin, CEO of Illumio (Part 4)

Posted on Monday, Aug 17th 2015

Sramana Mitra: When you started to get this thing off the ground, anecdotally and structurally, what were the next steps? Andrew Rubin: PJ and I probably first had to figure out whether or not we like each other enough to spend more time together. I know that sounds silly now in hindsight, but when you

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August 20 – 272nd 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, Aug 17th 2015

Entrepreneurs are invited to the 272nd FREE online 1M/1M roundtable mentoring session on Thursday, August 20, 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 of your questions.

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 6)

Posted on Monday, Aug 17th 2015

Sramana Mitra: How has your revenue ramped from the 2007 time frame to 2015? Where are you now? Chris Grandi: We’re growing over 50% per year. In year one, we started our revenue with less than a million dollars. You grow a 100% when your revenue is smaller. Our revenue is significantly bigger now but we’re

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Concept Financing from Andreessen Horowitz: Andrew Rubin, CEO of Illumio (Part 3)

Posted on Sunday, Aug 16th 2015

Sramana Mitra: What did you do in the Valley? Andrew Rubin: In every sense of the word, people talk about luck, timing, and fate being not everything, but an important part of the story. Sramana Mitra: It’s a very big thing. Andrew Rubin: It’s an incredibly important part of the story in my case. While

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Catching Up On Readings: Innovation Index 2015

Posted on Sunday, Aug 16th 2015

This feature from Bloomberg ranks the top 50 innovative countries in 2015. South Korea and Japan lead the rankings while the US is placed sixth. For this week’s posts, click the paragraph links.

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A Serial Entrepreneur’s Process: Todd Dunlop, CEO of RingPartner (Part 5)

Posted on Sunday, Aug 16th 2015

Sramana Mitra: You seem to be enjoying the process of starting something, figuring a niche, and getting it to a certain amount of revenue. The first one you scaled to $50 million in revenue, which was a substantial amount of revenue. It sounds like you like to figure it out and then sell the company. Is

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