Posted on Friday, Sep 4th 2020
Shane Evans is Founder of Scrapinghub, a virtual team-based business from Ireland with 5M Euro in revenue and employing over 130 people. They have employees in 43 countries and operate 100% virtually. Very interesting view into a different part of the world.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Shane Evans: I was actually born in the UK. Both of my parents worked at Heathrow. My father is British but my mother was Irish. I think their involvement and love for travel had an impact on me. I came to Ireland when I was two years old and that’s where I grew up. Sramana Mitra: What was your educational process like? Shane Evans: I attended a typical Irish primary and secondary school. Then I went to UTC which is a local university and did a Computer Science degree. I have always been interested in the sciences. At a fairly young age, I was lucky to have access to computers. My parents didn’t really know what it was, but it was enough for me to get hooked. Sramana Mitra: What did you do right after university? Shane Evans: While I was finishing my degree, I had a programming job at Motorola as a Software Engineer. I continued working after graduating. I also started a Ph.D. program. After a year of doing both, I realized that I wanted to do something slightly different. I went backpacking. As part of that trip, I went to San Francisco and met some friends there who were in startups. I realized that something along those lines was more exciting for me. So I never made it back to Ireland. I stopped at London and started working there instead. Sramana Mitra: What did you do in London? Shane Evans: I got a job working for lastminute.com. Sramana Mitra: In engineering? Shane Evans: Yes. At that time, they were a very small company. I joined them in 1999. I was the first Java programmer that they hired. They were both a startup company and into travel, which is something I was pretty passionate about. Their growth more than doubled every year. They were the poster child of the dot-com era in London and Europe. Sramana Mitra: What year are we talking? Is this 1999? Shane Evans: Yes, I joined in 1999, and I was there for five years. After two years, I ended up running their engineering department. It was also my first exposure to being involved in a startup company. Sramana Mitra: What happened to this company? Shane Evans: They had an IPO. Years later, they were sold. The company is still there. Sramana Mitra: Did you make good money out of that IPO? Shane Evans: I didn’t, unfortunately. Sramana Mitra: What happened? Shane Evans: I joined a little late. What I really value most about that time is that it was a fantastic experience. Sramana Mitra: You learned a lot. Shane Evans: Absolutely. The team was fantastic. To this day, they’re still a great help to me. Sramana Mitra: What year did you leave that company? Shane Evans: 2005.
Our conversation continues
here. This segment is a part in the series : Best of Bootstrapping . Bootstrapping to an Exit . Why is Bootstrapping Important? . How Can You Play this Low-Probability Game Intelligently? . Do NOT Go to VCs as Beggars - Go as Kings . Excess is NOT Required for Success . Bootstrap First and Raise Money Later . Some Bootstrapping to Exit Case Studies . The Buy Side of Bootstrapping to an Exit . Blitzscaling vs. Bootstrapping . Bootstrapping to Unicorns More »» . Cinedigm Acquires Bootstrapped 1Mby1M Company Future Today for $60 Million . Mailchimp Bootstraps to $600M Revenue . Bootstrapping from Arizona to $10 Million . Bootstrapped Basecamp Executes a No Nonsense Strategy . How Under30Experiences Bootstrapped to $5 Million . Bootstrapping with a Paycheck . How Algo.ai CEO Amjad Hussain Bootstrapped using Services from Michigan . Seed Investors Who Like Bootstrapped Businesses . How iHeartRaves CEO Bootstrapped a Niche e-Commerce Company to $20 Million . Bootstrapping with Services . How The Intern Group CEO David Lloyd Bootstrapped to $13 Million . How Passageways CEO Paroon Chadha Bootstrapped from Indiana . How SmartBuyGlasses CEO David Menning Bootstrapped to $50 Million . Death by Overfunding . How RainmakerForce CEO Mack Sundaram Bootstrapped Decisively to $5 Million+ . How FormAssembly CEO Bootstrapped a Virtual Company with a Paycheck . TimeSlips CEO Mitch Russo Bootstrapped to Exit with Sage . The VC-Entrepreneur Compensation Disbalance . BioConnect CEO Bootstraps with Sophisticated Strategic Maneuvering . Tremend CEO Marius Hanganu Bootstraps from Romania . Gesture CEO Jim Alvarez Bootstraps to $10 Million . SproutLoud CEO Bootstraps to $30 Million from Florida . Tuft & Needle CEO Bootstraps to Over $100 Million . Co-founders Bootstrap Linguamatics to Over $10M from the UK . Ownership Matters . Vainu Co-founder Mikko Honkanen Bootstraps from Finland . Entrepreneur Couple Bootstraps to $10M from Colorado . 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