Naren died. Suddenly. My pear tree still has some golden leaves. Rain drips disbelief. It can’t be. It is. These are the only lines I could come up with on Sunday afternoon.
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Lane Rankin, Founder at Illuminate Education, was first a teacher, then a school and school district administrator. His background is not of a typical tech entrepreneur. However, his deep domain knowledge and relationships in the education field have propelled him to become a very successful EdTech
Sramana Mitra: How much were you pricing? Hank Luhring: It was $100 a month. This was before the cloud. There was a term back then called Application Service Provider. Sramana Mitra: I remember that. It was the precursor to the cloud.
Sramana Mitra: When you started doing this alone, how long did that solo journey last before you started hiring programmers? Hank Luhring: Six months. My first client was Volvo Penta. The colleague of a former colleague called and said, “Do you know anybody who can develop some applications?” It happened to be a homebuilder’s association.
My friend Betsy Corcoran, also my former editor at Forbes, came to one of my roundtables this year to discuss EdTech. She’s also the founder of EdSurge. She read this poem that I have chosen to close the year with, and wish you happy holidays. What You Missed That Day You Were Absent from Fourth
Healthcare is one of the fastest-growing startup sectors. If you’re interested in Healthcare innovation, we offer 11 Udemy courses that can help you with building a digital health startup.
Hank tells the story of a solo entrepreneur who bootstrapped his product startup with services over a longer, slower period, while maintaining a high quality lifestyle. Success is personal. Autonomy and quality of life matter more to certain entrepreneurs than the flawed “Go Big and Go Home” mantra that VCs preach. Sramana Mitra: Let’s start
This report from CRN looks at the top 10 AI startups in 2021 and says that the global AI market grew 15.2% to $341.8 billion. For this week’s posts, click on the paragraph links.