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Blog » Archive for February, 2016

Bootstrap First, Raise Money Later: RJ Metrics CEO Robert Moore (Part 1)

Posted on Monday, Feb 15th 2016

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  True to the 1M/1M mantra, here is yet another story of a high-growth SaaS company that was bootstrapped first, and then has gone on to raise $22 million. Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were

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Bootstrapping to $27 Million from Arizona: Jeremy Young, CEO of Tanga (Part 5)

Posted on Monday, Feb 15th 2016

Jeremy Young: The second company was called Uberplay. That was a company that was going to take the best games out of Europe and trying to get the license for English-speaking markets, produce these games in China or Europe, and distribute them in the United States. We went over there and signed a lot of

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February 18 – 294th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, Feb 15th 2016

Entrepreneurs are invited to the 294th FREE online 1M/1M roundtable mentoring session on Thursday, February 18, 2016, 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

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Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 6)

Posted on Monday, Feb 15th 2016

Sramana Mitra: What triggered the telephony piece? What is the telephony functionality from a use case point of view? Nick Hedges: It does a large number of things. One of the things is that it allows you to work very efficiently through an optimized list. If you look at what a typical salesperson does in

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Catching Up On Readings: Gravitational Waves

Posted on Sunday, Feb 14th 2016

The discovery of gravitaional waves has caused a ripple all over the world. This feature from MIT Technology Review says the discovery confirms not only a prediction of Einstein’s theory of general relativity but also the nature of black holes, and gives astronomers a new tool for observing the cosmos. For this week’s posts, click on

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Bootstrapping to $27 Million from Arizona: Jeremy Young, CEO of Tanga (Part 4)

Posted on Sunday, Feb 14th 2016

Sramana Mitra: Talk to me about your involvement in that company and how long you were involved in that company. Jeremy Young: I was involved for probably a couple of years. I ended up selling my interest back to them. Sramana Mitra: In what capacity? Jeremy Young: I came to them with the idea. They

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Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 5)

Posted on Sunday, Feb 14th 2016

Sramana Mitra: There was nothing specific to the mortgage industry? It was pretty much a horizontal product that you apply to the mortgage industry and when you decided to diversify after the financial crisis, it translated reasonably easily into these other verticals? Nick Hedges: Exactly right. Sramana Mitra: You’re back to $4 million in revenue

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Creating Breakthrough Innovations Through Design With Big and Small Data Analysis

Posted on Sunday, Feb 14th 2016

By Guest Author Soren Petersen For decades, Business Intelligence (BI) and, more recently, Big Data Analytics (BDA) has been successfully applied to create incremental innovations. These incremental innovations have been applied in such diverse areas as customer satisfaction, human resources, process management and merger & acquisitions. However, to date, the use of data has failed

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