Sramana Mitra: India has been incredibly productive. Europe has started producing interesting companies. They want global customers and they want to set up shop in the US. European firms often prefer the East Coast. Is that a model that you are okay with? Yanev Suissa: Oh yes. We’ve never been a five-minute-away firm. I grew
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. You may have read our PaaS coverage, as well as Bootstrapping by Piggybacking posts. Well 123FormBuilder CEO Florin Cornianu has built a $6 million SaaS business using this methodology with just $1 million in funding. What’s more, he has done it entirely from Romania and sells to largely
Sramana Mitra: Let’s come to the year that you started Saphyre. What year was that? Gabino Roche: 2017. I remember it was scary. To do work in finance, you had to go all in. I told you about my three failed businesses and the one that broke even. In this case, if I’m going to
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. SignalWire Founder CEO Anthony Minessale is building a very interesting programmable communication platform company that has its roots in Wisconsin. This conversation is from 2020. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and
Sramana Mitra: When something fits your investment thesis, what do you want to see in the company when you’re doing a seed investment? What is the earliest stage check that you’re comfortable writing and what do you want to see? Do you want to see paying customers or a certain MRR? Yanev Suissa: A lot
Sramana Mitra: You learn a tremendous amount in failures. It gives you the time to pivot. There are a lot of pivots involved in finding product-market fit. Having the time to do that pivot without going bankrupt is very helpful. Gabino Roche: Just to tie to the freedom of failure and pivoting, at the mobile
Yanev Suissa, Managing Partner and Founder at SineWave Ventures, discusses his firm’s successes as well as its investment thesis. Vertical Cloud is one of the key ones with an emphasis on Enterprise Data Platforms. Sramana Mitra: You have big news. Let’s catch up. Yanev Suissa: We did big closings on our third fund. Our performance
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. When we spoke in 2020, Lilia Stoyanov, CEO of Transformify, had built a virtual company with zero employees, all freelancers and scaled it without outside financing. Read on for more. Sramana Mitra: Let’s start by introducing our audience to you. Where are you from? Where did