Sramana Mitra: If I were making that decision, I would have made a different decision. If I had $15,000 to $20,000 coming from two customers, I would not raise angel financing and part with equity at that point. Venky Balasubramanian: I agree, which is why I’ll get to what we did a year later. A
Neal Creighton: There are some good statistics that anti-virus stops only 50% only of the attacks. Most of those are mass and junk threats. The rest gets through. Of the very dangerous attacks that we’re reading about on other retailers and government agencies, it stops pretty much zero of those types of attacks and yet
Sramana Mitra: Your business model was in providing consulting services, training, and support? Venky Balasubramanian: Back then, we had no plan to monetize. This was still a project for us. We had no business model. Sramana Mitra: You were based in Bangalore and Mike was based in France? Venky Balasubramanian: Yes, I was in Bangalore
In case you missed it, you can listen to the recording here:
Entrepreneurs are invited to the 285th FREE online 1M/1M roundtable mentoring session on Thursday, November 19, 2015, at 8 a.m. PST/11 a.m. EST/9:30 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
Have you wondered what if cyber criminals could be tracked down and convicted like regular criminals? Very interesting discussion on that related issues, as well as possible entrepreneurial opportunities. Sramana Mitra: Let’s start with some background about yourself as well as CounterTack. Neal Creighton: I’m the President and CEO of CounterTack, which is a cyber
During this week’s roundtable, we had two presentations and a very interesting set of discussions on specific topics. ThirdEye First up, Raghu Venkatesh from Bangalore, India, pitched ThirdEye, a Virtual Reality technology platform. I spent most of my time explaining to him how to think about bringing a product to market, as opposed to the
Sramana Mitra: You didn’t have comparable functionality with Twilio? Venky Balasubramanian: We actually had better functionality back then in terms of what we launched and in the framework itself. We have a lot of incoming interest from customers of Twilio who liked what they saw. It was hard to believe for a lot of folks back