Sramana Mitra: It must have been very helpful for you to recruit a bunch of channel partners who would then go and sell that same solution to other major players. Vaclav Muchna: Exactly. Once they started with us, there was another deal with the headquarters of a central European bank. That helped us to build the relationship
In case you missed it, you can listen to the recording here:
Sramana Mitra: When did you start selling the product in this whole gain share model? You said that 2008 is when you started two and a half years of services mode while you got the handle of what the problem was and what product to develop. Was 2011 your first year of selling the product?
During this week’s roundtable, Ricky Joshi, Co-founder at Saatva, shared the story of growing his company from 0 to over $150 million in seven years. This is pretty much venture scale growth. The best part of the story is that the company has raised no VC money at all. Wonderful conversation about a capital-efficient, deeply
Sramana Mitra: What year are we talking about? Vaclav Muchna: 2003. In 2002, we launched that web server. We had to produce 20 terminals and we had no money. I tried to go to the bank but, of course, they didn’t let us borrow anything. There were only few VC funds. The VC market almost
Today’s 348th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, April 13, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 348th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, April 13, 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 do you do that? How do you take an internal operation and turn it from a cost to profit center? What did you that was innovative there? Nilay Banker: That’s a great question. It all starts with making sure that you can achieve process efficiency. Process efficiency, in this case, is how