Sramana Mitra: You took money from private equity that gave you some liquidity to the founders and gave you growth capital to move to the next phase. Victor Allis: Only liquidity to the founders. This is what was happening. I moved to the United States in 2010. We did a bit of press release. Suddenly,
In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we had as our guest Kyle Asman, Managing Director at Backswing Ventures, a firm that has a non-Unicorn investment thesis. You can listen to the recording of this roundtable here:
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. In 2020, D2L CEO John Baker shared this terrific story of bootstrapped entrepreneurship in EdTech. Sramana Mitra: Let’s go to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? John Baker: I’m based in Waterloo,
Entrepreneurs are invited to the 594th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 3, 2022, 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 questions. Others
Sramana Mitra: Do you call yourselves an identity management firm? Ananth Siva: We are more of a secure communication platform that uses key carrier partner networks. In the US, T Mobile is our strategic partner. We only work with T Mobile, but our service is deployed across any underlying device. Then we wrapped it with
Sramana Mitra: What kind of revenue level did you get to? Victor Allis: Ultimately in 2014, we had $100 million. Sramana Mitra: What are the inflection points? You remember the milestones really well. Victor Allis: The first one was in December 2000. The Dutch Railways was looking for a solution. It wasn’t part of my
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page In general, Bootstrap First, Raise Money Later is the best strategy. You need to be ready to raise money. If you decide to raise money, I strongly suggest you read the 1Mby1M Seed Capital series of interviews on our blog ASAP. We’ve profiled investor after investor to understand