Bootstrapping to $80 Million from Canada: Rob Purdy, CEO of Power2Motivate (Part 7)

Sramana Mitra: What was the first year of that product being revenue-generating? Rob Purdy: It would have started generating a little bit of revenue in 2012. At that point in time, we had 20 licensees for Power2Motivate. The only people using the reward component was us and our direct customers. The other 19 licensees were

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July 27 – 361st 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 361st FREE online 1Mby1M mentoring roundtable on Thursday, July 27, 2017, at 8 a.m. PDT/11 a.m. EDT/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register

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360th Roundtable Recording On July 6, 2017: With J. Paul Haynes, eSentire

In case you missed it, you can listen to the recording here:

Thought Leaders in Big Data: Ashish Sharma, Principal at Axtria (Part 4)

Sramana Mitra: If you put yourself at a 30,000-foot level, what do you see? What are the open problems in the industry? What are the white spaces in the industry? Ashish Sharma: If I were to focus on these two industries, there is a strong need that is getting defined and driven by business. Businesses are now

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Bootstrapping to $80 Million from Canada: Rob Purdy, CEO of Power2Motivate (Part 6)

Rob Purdy: It is. It has worked very well. It has been a good ride for all the shareholders who came in at that time because they’ve been receiving dividends for the last three and a half years. The valuation of the business has grown significantly in six years. Sramana Mitra: These are people that

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Catching Up On Readings: IPO Recap Q2 2017

This report from Ipreo provides a recap of the IPO market in the second quarter of 2017. Q2 2017 brought in 48 IPOs for $10.9B in total proceeds. 2017 continues to outpace 2016. For this week’s posts, click on the paragraph links.

Thought Leaders in Big Data: Ashish Sharma, Principal at Axtria (Part 3)

Sramana Mitra: If you were to look at penetration of these kinds of sensor-driven Big Data applications, how many hospitals are adopting stuff like that? What is the market penetration? Ashish Sharma: I don’t have any tangible data that I can comment on. If I’m speaking at certain conferences, I run into people who are

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Bootstrapping to $80 Million from Canada: Rob Purdy, CEO of Power2Motivate (Part 5)

Sramana Mitra: Can you bring these inflection points together for us and help us understand how this impacted revenue? Rob Purdy: When we signed the contract, the company business was, in aggregate, about $5 million. We doubled our business in the next couple of years. We grew the business to around $10 million. By 2010,

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