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Blog » Archive for December, 2021

Non-Technical Founder Scaling SaaS Venture to Exit: Velocify Founder Jeff Solomon (Part 6)

Posted on Saturday, Dec 11th 2021

Jeff Solomon: I talked to some other mentors and people I’ve met over the years and came to the conclusion that it was better for me to leave the day-to-day operations. I probably undersold my value to our Board and to our investors. The investors didn’t appreciate the scrappy founder guy like they do now.

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Non-Technical Founder Building a Tech Startup to over $10M: David Moricca, CEO of Socialive (Part 6)

Posted on Saturday, Dec 11th 2021

Sramana Mitra: What year did you launch Socialive? David Moricca: July 2016 was when we first brought the product out. Then we rebranded it to Socialive in October 2016. The last five years, we’ve been Socialive. Sramana Mitra: How did you price the product?

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Best of Bootstrapping: Bootstrapping to $10M from Finland

Posted on Friday, Dec 10th 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  In our effort to bring you stories from the global startup ecosystem, here we introduce you to Mikko Valimaki, Co-founder of Tuxera, and his wonderful success story from Finland. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were

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December 16 – 557th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Dec 10th 2021

Entrepreneurs are invited to the 557th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 16, 2021, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 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 questions. Others

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556th Roundtable Recording with Seong Kim, Chegg

Posted on Friday, Dec 10th 2021

In case you missed it, you can listen to the recording here: 556th 1Mby1M Roundtable with Seong Kim, Chegg

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Roundtable Recap: December 9 – Discussion on EdTech Exit Strategy

Posted on Friday, Dec 10th 2021

During this week’s roundtable, we had as our guest Seong Kim, Corporate Strategy & Development for Chegg Inc., to discuss exit strategy within EdTech. Relai As for entrepreneur pitches, we had 1Mby1M Premium member Claudia Giannoni from London, UK, pitching Relai, a real estate marketplace leveraging the SaaS-enabled marketplace trend that we like a lot. You

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Non-Technical Founder Scaling SaaS Venture to Exit: Velocify Founder Jeff Solomon (Part 5)

Posted on Friday, Dec 10th 2021

Sramana Mitra: What is the next major milestone in the history of the company? Jeff Solomon: Two things. We started to get heavy in insurance. At that time, the secondary education market was growing fast. It’s a very similar model to mortgage in the sense that the money was coming from the government. There was

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Non-Technical Founder Building a Tech Startup to over $10m: David Moricca, CEO of Socialive (Part 5)

Posted on Friday, Dec 10th 2021

Sramana Mitra: Six years is a long time. How much money did you raise to get through six years with little revenue? David Moricca: Over the years, probably $5 million or less. This was over six to eight years. It sounds crazy. Sramana Mitra: I’m not surprised that you were able to survive on $6

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