The global work from home conditions have increased the need for IT teams to ensure higher safety and security of their digital assets. Corporate identity management software company Okta (NASDAQ: OKTA) is benefitting from this transition as was evident in its second quarter results.
Sramana Mitra: Tell me a bit about your first client that was in the model that you found to be a possible success model. Who was that client? What were the circumstances? What did you do for that client? How did you get to the product-market fit?
Sramana Mitra: You said that you lend up to $3 million, with the first loan being $400,000, what does the company need to have by way of proof points for you to start lending to that company? Joe Silver: We size our loans of a multiple of monthly recurring revenue so generally three to four
Entrepreneurs are invited to the 500th FREE online 1Mby1M Mentoring Roundtable on Thursday, September 10, 2020, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your
The current conditions are turning out to be very favorable for cloud-based contact center companies like Five9 (Nasdaq: FIVN). Organizations are investing in digital transformation to manage workforce remotely and are recognizing the critical nature of business continuity plans for their contact centers. They are accepting that cloud solutions can meet this need better than
Sramana Mitra: Did you launch as a software company or as a marketplace? Diego Gomes: I launched it as a software company. The first year was very challenging. Although we were having a little bit of success in selling to customers, the problem was that they were buying a content marketing platform, but they weren’t
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Joe Silver was recorded in July 2020. Joe Silver discusses his firm’s debt-financing model for startups.
Virtualization infrastructure provider VMWare (NYSE:VMW) recently announced its second quarter results that surpassed market expectations. It experienced strong momentum in its SaaS portfolio that offset the decline in its on-premise portfolio.