Wonderful story of how Lawline CEO David Schnurman, an online education entrepreneur, worked through plateaus and scaled his business over the last 15 years. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have? David Schnurman: I’m from Brooklyn,
Sramana Mitra: A couple of questions emerge from what you have said. I’ll ask them in sequence. What is the current dynamics of companies building out of Minnesota? You talked about Zencoder which started in Minnesota. Did they move to Silicon Valley or did they continue to operate from Wisconsin? Robert Weber: Initially, Zencoder maintained
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Go-To-Market intelligence provider ZoomInfo (Nasdaq: ZI) had listed earlier this year. Despite the current global conditions, the organization has been investing in acquisitions of other smaller companies to add AI and Machine Learning capabilities to its portfolio.
Sramana Mitra: How did you course correct from there? Ankit Oberoi: It took much longer than we anticipated. We had to first understand the fundamentals. We spent six months doing that. We didn’t shut down the business. We had started making $50,000 to $60,000 a month.