Sramana Mitra: How did these people find you? David Braun: Basically, because of the forums. I was very active. Sramana Mitra: That’s awesome. David Braun: But you know what, out of this $70,000, $60,000 were fraud and our account was frozen because it was all from stolen credit card numbers. We had to shut down the processing.
Sramana Mitra: Where are you now? Dave Copps: We are growing rapidly. In 2015, we grew 300%. I think it was our breakout year. We are already seeing that growth continue into this quarter. Sramana Mitra: What kind of range are we talking? Is this now a $10 million company or a $20 million company?
Sramana Mitra: All right. I’m going to switch to my last question. Based on the trends you see on online learning, where do you see opportunities for entrepreneurs to start new companies? Bharat Anand: Let me step back a bit. Technology is allowing us to create all sorts of new and interesting offerings. I wanted
As I was writing the previous post, 10 Women Leaders Of VC-Funded Companies, I noticed that six out of the 10 companies I included on the list followed aBootstrap First, Raise Money Later strategy. My point of view is that as long as you follow this strategy, your chances of raising money is always going
Sramana Mitra: You were still in Ukraine? This is happening while you were still in Ukraine? David Braun: Yes, I was in Ukraine. I had shares in that, so I was a co-founder. He was finding the prospects while my job was to organise the production. During this seven months of completing the project, we recruited
Sramana Mitra: I don’t buy that this is going to scale necessarily. Bharat Anand: Yes, go ahead. Sramana Mitra: What you’re saying, it works to a point. I don’t think it’s going to, necessarily, scale to millions of numbers – the kind of numbers with which edX is working with right now. I don’t think
When you run a business over a long period of time, technology changes create massive challenges. David has navigated TemplateMonster in several of these. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of circumstances? David Braun: I’m from Georgia
Entrepreneurs are invited to the 292nd FREE online 1M/1M roundtable mentoring session on Thursday, February 4, 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