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Bootstrapping to $5 Million: IdeaScale CEO Robert Hoehn (Part 5)
Sramana Mitra: How many enterprise customers were you able to gather as paying customers to get to this million dollar annual revenue? Robert Hoehn: I think it was about 50 enterprise customers. Sramana Mitra: How were you selling? Were you selling on the phone? How were you going to market? Robert Hoehn: I did it
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Thought Leaders in Artificial Intelligence: Andreas Wieweg, CTO and Andy Peart, CMO of Artificial Solutions (Part 1)
Have you used Siri? Have you used Amazon’s Echo? Have you used any other natural language assisted personal assistant? The world of AI is rife with speculations on where this field is going, and this discussion is a wonderful expose on that topic. Sramana Mitra: Let’s start by introducing our audience to Artificial Solutions and to the
Thought Leaders in Healthcare IT: HealthRight CEO John Palumbo (Part 4)
Sramana Mitra: Let me ask you a few more onion-peeling questions here to understand the model. It’s quite complex and the healthcare system is really a nightmare. What is the monthly fee that you charge for being a member in your network? John Palumbo: Depending on the program, it could be anywhere from $14.95 a month
Thursday, April 14 – 302nd 1M/1M Mentoring Roundtable For Entrepreneurs
Entrepreneurs are invited to the 302nd FREE online 1M/1M roundtable mentoring session on Thursday, April 14, 2016, 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
Bootstrapping to $5 Million: IdeaScale CEO Robert Hoehn (Part 4)
Sramana Mitra: What was the financial framework of this government relationship? Robert Hoehn: Actially, we did most of it for free. Sramana Mitra: How were you getting by? How did you sustain the company? Robert Hoehn: We put a small cash infusion in to start off. We quickly pivoted to try to sell to enterprise customers
Catching Up On Readings: Fintech in 2016
This feature from TechCrunch looks at how 2016 is going to shape up with continued investment and innovation in payments, cryptocurrency, retail financial services, institutional financial services, and capital formation (equity financing). For this week’s posts click on the paragraph links.
Thought Leaders in Healthcare IT: HealthRight CEO John Palumbo (Part 3)
Sramana Mitra: Of the four million members, what percentage comes through these corporate accounts? John Palumbo: We run at about a 60/40 split between sponsored population and Direct to Consumer. Sramana Mitra: Do you remember if the hospital systems were in the sponsored program or direct to consumer? John Palumbo: Sponsored program. Sramana Mitra: Hospitals
Bootstrapping to $5 Million: IdeaScale CEO Robert Hoehn (Part 3)
Sramana Mitra: At what point did you make the next major strategic move and at what scale were you at that point? Robert Hoehn: Around late 2008, we were getting a lot of requests for the idea of having a comment in a survey that could be displayed to other survey respondents and they could
