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Blog » Archive for June, 2016

Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 6)

Posted on Saturday, Jun 11th 2016

Sramana Mitra: What happens next? Manick Bhan: We figured out how to rub these two stones together and kept building up this small fire. We were doing maybe $50,000 in sales a month and slowly growing. By the end of the year, we had hit $1 million ARR (Annual Revenue Rate). In that process, we

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308th Roundtable Recording On June 9, 2016: With Jeremy Young, Tanga Network

Posted on Friday, Jun 10th 2016

In case you missed it, you can listen to the recording here:

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Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 5)

Posted on Friday, Jun 10th 2016

Sramana Mitra: Let’s get back to the specifics of how you did it. Now that you are in the market, you have figured out that you can get to a million dollar run rate. What was the reason why people were buying from you versus these other players? You had all kinds of hypothesis intellectualizing

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Roundtable Recap: June 9 – Focus on Sustainable Unit Economics

Posted on Thursday, Jun 9th 2016

During this week’s roundtable, our guest was Jeremy Young, CEO of Tanga Network. Tanga has bootstrapped a ~$30M a year affiliate marketplace. It’s a Groupon-like business, but with much more sustainable unit economics and business practices. Very interesting discussion on how and why! DriveSmart First up, Mallesh Reddy from Singapore pitched DriveSmart, a fleet-safety software

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308th Roundtable For Entrepreneurs Starting NOW, Live Tweeting By @1Mby1M

Posted on Thursday, Jun 9th 2016

Today’s 308th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, June 9, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join.

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308th Roundtable For Entrepreneurs Starting In 30 Minutes: Live Tweeting By @1Mby1M

Posted on Thursday, Jun 9th 2016

Today’s 308th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, June 9, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!

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Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 4)

Posted on Thursday, Jun 9th 2016

Sramana Mitra: How did you get your MVP out? Before you got any seed funding, I take it that you had to get an MVP launched and get some customers going. Manick Bhan: Yes. Sramana Mitra: That’s how the industry works. There are exceptions. Usually, first-time entrepreneurs are not exceptions. I’m just trying to see

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Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 3)

Posted on Wednesday, Jun 8th 2016

Manick Bhan: At a high level, the preparation included me learning how to code. I had spent about nine months on that. I spent a lot of time in my apartment staring at a blinking cursor on a black background. Every time I hit an error, I put that error into Google to figure out what

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