Sramana Mitra: The immediate one is that all the carriers who are dealing with the last mile customers. If there is a real problem, they have still to send technicians in and that’s a very cumbersome model. We are all at the receiving end of that. It’s very frustrating. If something goes wrong, it’s very
Sramana Mitra: Where are you now? How far along? What’s the revenue level? Sean Dawes: We’re doing millions in revenue. It’s about focusing on capturing as much market share as possible. There are still a handful competitors that are larger than us. For us, it’s growing as fast as possible while focusing on profitability. My
Sramana Mitra: With so much is happening on the cloud right now, what do you see as the future of the core networking companies like Cisco and Juniper? How do you see them evolving? What are the opportunities and gaps opening up because of this shift? Sumant Mandal: You can see that in their own
Sramana Mitra: What about inventory financing? Did you finance it all out of revenue or did you do some sort of bank financing? Sean Dawes: We did a combination of self-financing and bank financing. Sramana Mitra: Could you give us a range of what level of bank financing you used to leverage the company?
For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our bi-monthly and informal group meetups. If you are living in the San Francisco Bay Area or are just in town for a visit, we hope you will add these meetups to your calendar and join us. Pre-registration is required,
Sramana Mitra: I was commenting on your 10 to 11 years, but not just 10 to 11 years. Some companies are going 15 to 20 years and then finding exits like Lynda.com. When she had a unicorn exit, they had been around for almost 20 years. We have a company in our portfolio that is
I am very bullish about market opportunities that are large enough to build sizable businesses but not large enough such that VCs end up funding numerous competing companies. This case study shows you how a niche player with a $150 million TAM is growing nicely without outside financing. Sramana Mitra: Let’s start at the very
During this week’s roundtable, we had as our guest, Hernan Fernandez, Managing Partner at Angel Ventures Mexico. The firm invests in Mexico, Chile, Peru and Colombia. Excellent discussion on Latin America trends. Lightwing As for the entrepreneur pitches, from Bangalore, India, we had Ravitej Yadalam pitch Lightwing, a cloud monitoring and optimization solution for SMEs.