Francis has bootstrapped OpenVPN to $3M ARR with JUST $1M in financing. Wonderful story! Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background? Francis Dinha: I was born in northern Iraq in a place called Amadiya. I lived there
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Let’s start with a quote from Marc Andreessen: “At our venture capital firm we only invest in a sort of Silicon Valley–style tech. We see 3,000 inbound deals a year. And those are inbound and coming through our referral network, so those are sort of prequalified.
Sramana Mitra: When you moved out in 2011, you had already transitioned from being a hardcore nerdy developer to someone experienced in sales. You had some understanding of what it takes to close enterprise deals. What happens next? Manish Jethani: I still felt like an engineer who was trying to apply the engineering concepts to
Sramana Mitra: Did you do shareholder communication? Dheeraj Pandey: All the time. I like it. There was a thesis to be sold as well. After we went public is when we started to transition the business model. It probably was the biggest business model transition the IT world has ever seen – going from hardware,
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. You may have read my recent Bootstrapping to an Exit piece, where I highlighted the importance of facilitating capital-efficient startups and smaller exits, including with small chunks of investment. In working through the current landscape of our industry, a few trends become evident: A large percentage
In case you missed it, you can listen to the recording of this roundtable here:
Manish discusses his various experiences with customer validation in great depth, as well as his journey from being a hard-core developer geek to a successful entrepreneur CEO who has raised multiple rounds of venture capital from top firms including Sequoia Capital. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you
In case you missed it, you can listen to the recording of this roundtable here: