Today’s 429th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, January 24, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 429th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, January 24, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: What are we talking? When I talked to you five years ago, you were about a $10 million company. You had bootstrapped the company with a little bit of outside financing to almost $10 million in revenue in 2014. In 2018, what range are we talking? Andrew Grauer: In 2018, we’re in the
Sramana Mitra: Your point is very well-taken. In the early stage, not everything is figured out. There is a certain amount of pivoting that goes on often in the quest for that repeatable sweet spot. Capital markets change and competitive markets change. You just have to adapt. With that understanding though, I want to ask
Sramana Mitra: The bulk of your revenue, however, is coming from subscription. It’s a pure subscription-based business model at this point, right? Andrew Grauer: Correct. Our belief is that over the next decade, we believe that hundreds of millions of people will need to be able to learn and prove that they learned what they
Susan Stone, Founder and Managing Partner at Sierra Wasatch Capital, discusses their investment thesis around Media Technology.
Sramana Mitra: Within B2B SaaS, do you have a preference between selling to enterprises versus selling to small businesses? George Spencer: I’ve invested in the past in both and made money on both. My diligence is understanding how you’re going to be able to build a distribution channel based on the price points that you’re
Sramana Mitra: Can you double-click on what you are doing to address this situation? Andrew Grauer: We’ve evolved in building this learning platform. It’s a collection of millions of study resources. These are learning and teaching resources that are helping students in whatever they’re studying. The library has now grown to over 28 million resources.