Sramana Mitra: Are these on-demand services happening? Are you seeing somebody doing that? Craig Powell: We’ve done some interesting tests on on-demand auto purchase – the ability to purchase your vehicle from your couch, deliver it to your driveway, test it for seven days, and turn it back in if you don’t like it. We’ve
Sramana Mitra: How did you negotiate the deal with Brocade? How much were they willing to pay you for doing what you were going to do for them? Jagan Reddy: Today for a $2 billion company, our price point would be anywhere between $300,000 to half a million dollar annual subscription fee. At that point,
There is a very real knowledge gap in the early stage start-up game, on both sides of the table. First-time entrepreneurs lack the seasoning to captain a steady ship through turbulent waters. Inexperienced friends and family (and, increasingly, crowdsourced investors) lack the ability to gauge the viability of a business, or to mentor naïve entrepreneurs.