This week has been slow for the stock markets. The growing fear of the spread of Coronavirus, coupled with the uncertainty about the elections and overall economic conditions have sent the stocks tumbling. It was not the best week for cyber security player Palo Alto Networks (NYSE:PANW) to announce its disappointing quarterly results. Not only
Sramana Mitra: Who were buying at this point when you were doing this company in the early 2000s? Bassel Ojjeh: I left Yahoo in 2009 and started what I just mentioned to you. That was from 2009 to 2010 onwards. Financial industry, banking, and mobile operators were buying at this point.
Quickbooks’s parent company Intuit (NASDAQ: INTU) is the talk of the town these days. Not only did it deliver stellar second quarter results, but the company also recently announced a $7.1 billion acquisition – its biggest acquisition till date.
Sramana Mitra: Talk about the next few strategic steps of how you put one foot before the other. Joel Thomas: When I tried to incorporate, we didn’t have a merchant processor. If you’re working locally with people, it’s easy enough to get a wire. People who utilize our service are called unscheduled, on-demand air transport.
Bassel Ojjeh: Backing up, what’s really important when I started my career at the database company in Ohio was coming in and saying, “We’re working out of someone’s house.” At that time, we shipped products. You put it in the box and put it out the door. We had to stop whatever we were doing
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Entrepreneurs seldom discuss the emotional and spiritual trauma of things going wrong. Joel’s story is a deeply felt and authentically told one where he shares how he survived immense setbacks and found the courage to keep going in his Stratos Jets journey. Sramana Mitra: Let’s start
The global internet domain name provider GoDaddy (NYSE: GDDY) reported mixed results for the fourth quarter of the year. While revenues surpassed market expectations, its earnings failed to do so. But a strong outlook sent the stock soaring 11% in the after-hours trading session.
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Bassel is a serial entrepreneur in the data world and talks about his exciting startup journey. 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?