Sramana Mitra: Was Sift a funded company or a bootstrapped company? Jeff Wilkins: It was a funded company but by angel investors only. We had a pretty modest round. I think we raised less than $1.5 million for the business. We have investors like Eric Smith, Michael Harrison, and some of the Justice League of
Eyal Shinar: Your distinction between Kabbage and Ondeck, and Amex and Intuit is accurate. But I think it’s missing the big picture. You don’t need credit as a seller if you’re getting paid immediately. You need much less working capital than before. That’s what we’re trying to solve. We’re allowing the seller to get paid
Today’s 455th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, September 5 at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 455th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, September 5, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: How many years did you stay at Sun and what happens next? Jeff Wilkins: I spent three and a half years at Sun. I got a call from a colleague who had been working on creating a new medical instrument. It was pretty much serendipitous. He essentially said, “I’ve got this idea for
Small business credit and receivables financing are going through enormous changes in the FinTech era. This interview delves into some complex issues. Fascinating discussion! Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Fundbox. We’ve had Fundbox before. Let’s do a quick recap. Eyal Shinar: I’m the Co-Founder and CEO
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Jeff has turned $1M of personal investment (with his Co-Founder) to $80 million in revenue. Pretty capital-efficient, this entrepreneur’s journey! Sramana Mitra: Let’s start with where your story begins. Where are you from? Where were you born, raised, and in what kind of background? Jeff Wilkins:
Deepen Parikh: We want to plan the infrastructure side. Obviously, 4G in India and the infrastructure that Jio has created is a game changer for a lot of content that is being consumed. Similarly if you look at something like China, the market is big enough to have direct deals with some of the major