Sramana Mitra: You described a bunch of different use cases. Could you roll back and take me through the business models of these use cases? For example, if people are taking courses on your platform to make up for credits that colleges are accepting, are the students or parents paying for these courses to you?
Today’s 320th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, September 8, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join.
Today’s 320th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, September 8, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: How long did you stay at this? Christian Vanek: I stayed at it for two and a half years before I ran out of money. Sramana Mitra: That brings us to 2001? Christian Vanek: Yes. Sramana Mitra: What did you do next?
Sramana Mitra: What did you burn the $200,000 on? Guy Mucklow: Partly salaries and technology. Though we were building a lot of stuff ourselves, we needed infrastructure to support the service we were building. If you look back on those times, you think, “Why on earth did I do that?” We spent $50,000 on just building
Sramana Mitra: Talk to me about the distribution of your content. You said you cover all the way from K-12 to higher education. What is then the breadth of the content? Where do you have more concentration versus others? Where is the interest of your customer base? Adrian Ridner: We experimented with a lot of
If you are trying to sell B-to-B software to Indian SMBs, you know that it’s a very big market, and by and large, inaccessible. There are hardly any mature channels through which to cater to this audience of customers profitably.
Sramana Mitra: What was the evolution of your career as a software programmer in this travel services company? Christian Vanek: I worked on building the system for that conference company. Then the parent company asked me if I’d like to join them as an actual official developer. I was given more of a traditional developer title.