Sramana Mitra: When did you introduce the subscription revenue model? David Schnurman: We introduced it several times, but the time that we got it right was four years ago in 2016. Sramana Mitra: At that point, you were in that transaction revenue model? Were you still in that $5 million range?
During this week’s roundtable, we had as our guest Fabrice Grinda, Founding Partner at FJ Labs, who discussed his firm’s investment thesis around marketplaces. We then went on to discuss one of my startup ideas from 8 Startup Ideas for the Post COVID World that has generated a lot of interest: Startup Idea for the
Today’s 511th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, December 3, 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 511th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, December 3, 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!
Peter Brodsky: I think there’s also the empirical fact that up until the pandemic in the US, we had the highest level of automation ever and the lowest level of unemployment. In the history of technology, one in which automation can switch jobs, far fewer of us are farmers compared to before, but it hasn’t
For the recently reported quarter, Salesforce (NYSE: CRM) crossed a milestone of $20 billion in annual revenues. But the market has been abuzz with the news of its $27.7 billion acquisition of Slack.
Sramana Mitra: You had about five employees. What revenue level did you reach with them on board? How many people did you have when you hit the one million point and five million point? Can you give me a sense of the scale of the operation? David Schnurman: We got to a million with five
Sramana Mitra: Let’s double-click down one level and take one more example. When, automatically, your technology is able to verify a person’s income, how is it able to do that? What data source is it going after to be able to do that? Peter Brodsky: We are probably getting too deep into customer specific details