Eric Frenkiel, co-founder and CEO of MemSQL, discusses his journey from pre-IPO Facebook to YCombinator to a thriving In-Memory database company that has successfully navigated a fat startup path.
Venky Balasubramanian, co-founder of Plivo, along with his partner, has achieved the amazing feat of growing a relatively fast growth business to well over $10 million in revenue with just $2M in Angel financing. What’s even more impressive is that they have done this with a convertible note, first $250K from angel investors in India, followed by $1.75M from investors in the Bay Area. The company operates in the US-India mode, and for those of you working in that style, many important lessons are discussed.
Jeremy Young, CEO of Tanga Network, which 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!
Daniel Gulati, Principal and Head of Seed Investment Practice at Comcast Ventures, discusses e-commerce startup trends and what can and cannot be venture financed at this stage, and why.
Sramana Mitra: Based on all the things that you’re doing, what are the trends and where do you see open problems that would be good pointers for new entrepreneurs to start companies in? If you were starting a company today, where would you start the company? John Price: I can tell you what not to
Entrepreneurs are invited to the 364th FREE online 1Mby1M mentoring roundtable on Thursday, August 24, 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
Sramana Mitra: How long did you have to stay at Etsy? Isaac Oates: I was there for three years. It was pretty crazy actually. While I was there, I kept thinking about my time at Adtuitive. There were three founders and I was the one doing all of the paperwork, payroll, and insurance. I spent
John Price: With that, we combine lending process, which is the other part of home shopping. Our technology is being embraced very rapidly by the lenders. You look at the mortgage business. They are stuck at the bottom of the real estate funnel. They have to compete on interest rates. What we’ve done is we’ve