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Blog » Archive for 2016

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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Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 2)

Posted on Tuesday, Jun 7th 2016

Manick Bhan: Just a few years after that, you had these rumblings of the next big tech boom. When Facebook went public, it was an incredible experience to see a company that had grown up quietly and become so huge and valuable. At the same time, that same roommate who infected me with the finance bug ended

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Bootstrapped First, Raise Money Later: Manick Bhan, CEO of Rukkus (Part 1)

Posted on Monday, Jun 6th 2016

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  “My journey was as unexceptional as you can imagine,” says Manick, in describing how he got to $1 million Annual Revenue Rate in transactions before raising financing. Read on for the whole story. Sramana Mitra: Let’s start by going back to your very beginnings. I want

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