Sramana Mitra: Are you saying that your primary value add is managing the infrastructure of data processing? Ashish Sharma: Yes, but a lot more beyond infrastructure. There are a lot more data sources available than ever before. These are growing at an exponential rate especially for life sciences and financial companies. I’m using the term
Capital efficient ventures remain the best way to build healthy, robust businesses for a large number of entrepreneurs. Sure, there are exceptions like Facebook, Google, and Amazon that are built differently. But those are low probability scenarios. And raising money for fat startups has become very difficult. Want to start a venture of your own?
Sramana Mitra: What happened in 2008? Rob Purdy: There was a turning point in 2007. We went to our first ever trade show and unveiled the product in April. At that show, we had more international people asking about the product. There were a lot of companies that wanted to resell the product in their
Ashish focuses on Big Data in Life Sciences. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Axtria. Ashish Sharma: Thanks for the opportunity. Axtria is a global Big Data analytics company. Our main focus is around the life sciences and financial services industries. In those two focus areas, we
Entrepreneurs working to get their ventures across the million-dollar revenue mark and beyond can learn how other successful founders were able to get there in this series of 30-minute podcast interviews. Bhavin Parikh, Founder CEO of Magoosh – Has built an incredibly capital efficient venture, and we discuss his philosophy, strategy, and tactics.
Sramana Mitra: How long did it take you to get a first version of this product out? Rob Purdy: We started development for the Power2Motivate platform in late 2005. It took all of 2006 to complete the first phase. Phase one was the employee engagement component. That was enough to allow us to take that
During this week’s roundtable, we had as our guest J. Paul Haynes, CEO at eSentire, who shared his company’s journey in building a mid-market Cyber Security company from Canada. He also gave us an overview of the Toronto-Waterloo corridor and its startup activities. Then we went to the pitches. Toep Up first, Chandra Arora from
Sramana Mitra: In 1989, you launched this company. What happened between 1989 and 2006? Did the business succeed? Were you able to get clients? What scale were you operating at? Rob Purdy: The business did okay. Unless marketing services companies have a very solid unique point of difference, it’s really challenging to continually grow the