Sramana Mitra: How long did you stay at Oracle? Nilay Banker: I was at Oracle for 10 years. On the first day of my 11th year, I decided it was enough. I had a lot of fun. I actually had a great opportunity to work with Larry Ellison for an extended period of time. At
David Blumberg, Founder and Managing Partner of Blumberg Capital, has been in the business for a long time, and we had a very interesting chat about the evolution of the venture business over the last 15 years. We also discussed some areas where there are opportunities to build new scalable businesses.
Asheem Chandna, General Partner at Greylock Ventures, on the topic of funding fat startups, something Asheem has done routinely, one of the very few VCs still doing so. Very interesting discussion.
We see lots of first-time entrepreneurs getting screwed by investors. 50% equity for $100,000 investment is a LOUSY deal. Watch this inspiring 2 minute 06 second video of how Venky Balasubramanian kept his equity pie more or less intact:
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. We’ve shared many Bootstrapping Using Services case studies with you here, as well as in the book on that topic. This one is particularly interesting because of the absolutely awesome business model that Nilay and his team have implemented. Read on! Sramana Mitra: Let’s go to
This is a wonderful story of a Czech entrepreneur, who at 22, at a time when his country was far from ready to support entrepreneurs, struggled through immense odds and has built a global business. Read on for inspiration and excellent lessons from the trenches. Sramana Mitra: Let’s start at the very beginning of your
This feature from Bloomberg looks at how hackathons have become a way of life for some. Some hackathon hustlers go from one marathon hacking session to another, making their living from corporate coding sessions rather than jobs. For this week’s posts, click on the paragraph links.
Sramana Mitra: Where are you now? What are the metrics of 2016? Michael Hughes: We went public in the summer of 2016 on the London Stock Exchange. Our revenue for 2016 is about £12.8 million. We will actually be releasing our 2016 results in a couple of weeks. We have to do an announcement that