Sramana Mitra: Did you bootstrap this company? How did you build the product? How long did it take your to build the product? Rob Douglas: We bootstrapped it. We incorporated and started in the basement. The first year was all spent in research. From there, we began the process of developing what our product would
Sramana Mitra: Where do you think are the opportunities of building really interesting ventures right now? What’s your investment thesis? Shomit Ghose: We can talk a long time about this. Hardware, software, and bandwidth are all commoditized. You can’t make money by selling any of those. For the past past 10 years, our investment thesis
Max Wessel: From an intrapreneurship perspective, we have a program that we’ve been running for close to four years now. We have all sorts of ideation programs around the company for decades but four and a half years ago, we launched a program that’s aptly called Intrapreneurship. At one point, we kicked off the campaign.
Sramana Mitra: What was the premise of this company? Rob Douglas: We were then, and still are, on the quest for rightful identity. We believe that the trillions of dollars of fraud that lives in our economic system has a direct connection to the fact that we don’t actually communicate with real people but rather
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. We are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Shomit Ghose was recorded in December 2014. Shomit Ghose, Partner at Onset Ventures, is also a veteran startup executive with multiple IPOs under his belt. He highlights
In The Next European Renaissance, I explored how Europe’s enthusiasm for culture combined with the enabling technology of today creates a good platform for generating new and important ideas. Then I shared advice and inspiration from a group of successful European entrepreneurs in 8 Founder Podcasts Discuss Building Startups in Europe. Now, for entrepreneurs interested
Entrepreneurs are invited to the 385th FREE online 1Mby1M mentoring roundtable on Thursday, February 8, 2018, at 8 a.m. PST/11 a.m. EST/9:30 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
This interview explores the nuances of SAP’s Corporate Incubation strategy in great depth. Sramana Mitra: Tell us about what SAP’s thinking is in the domain of corporate innovation. What are your goals, activities, strategies and structure? Let’s dig into the programs. Max Wessel: Let me start off with the high level description of what SAP