During this week’s roundtable, we had as our guest Ashmeet Sidana, Chief Engineer at Engineering Capital. Ashmeet is the founder of a small venture firm that we have a great deal of respect for, and a personal friend. It’s a wonderful conversation. DeepBrainz AI As for entrepreneur pitches, up first we had Arunkumar Venkataramanan from
Today’s 509th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, November 12, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join PASSWORD: startup All are welcome!
Today’s 509th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, November 12 at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. PASSWORD: startup All are welcome!
Sramana Mitra: Until $80 million, it was a bootstrapped company and then Bain capital infused $15 million. Is that what you are saying? Brian Robertson: Yes, it was mostly bootstrapped. There were friends, family, and angels in the early rounds.
Keith Bank is Founder CEO at KB Partners, a venture firm focused on sports technology.
Sramana Mitra: What kind of average deal size were you experiencing? Tim Ericson: On the campus and city fronts, it was anywhere from $50,000 to $300,000. In later stages, we were doing $500,000. We also had some smaller deals like $20,000 apartment complexes, but again they had parent companies that were buying it for multiple
Sramana Mitra: Talk a little more about the evolution of MedeFinance in its software format. You were starting with the $4 million to $5 million revenue base and some of those clients transferred on to the software business. What was the business model? What was the average deal size? What kind of business did it
Tim Ericson: We were working with Irvine branches of JLL and CBRE and rolling out much broadly through their portfolio versus looking at each individual property. Sramana Mitra: Talk to me about your go-to market strategy. It sounds like in the beginning it was people coming to you and it was a bit random. At