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Blog » Archive for August, 2023

Bootstrapping an AI-Powered Security Startup to $10M+ in Revenue: Osprey Security CEO Rohit Anabheri (Part 1)

Posted on Thursday, Aug 10th 2023

Rohit has effectively used the Bootstrapping Using Services technique to bootstrap an AI-Powered Enterprise Security venture to mid eight figure revenues. In that process, he has turned down offers for Venture Capital. I believe, in Artificial Intelligence and Machine Learning, currently, Bootstrapping Using Services is one of the best ways to find problems to solve

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Best of Bootstrapping: Bootstrapped First from Belarus

Posted on Wednesday, Aug 9th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  As you know, I love stories of entrepreneurs in different parts of the world finding success through grit and creativity. PandaDoc CEO Mikita Mikado’s story from 2017 gives us insight into what happened in Belarus, and how he navigated his way to raising money in Silicon

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Best of Bootstrapping: Bootstrapped to $30M from the Czech Republic

Posted on Tuesday, Aug 8th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  This is a wonderful story of a Czech entrepreneur, Vaclav Muchna, Co-owner and CEO of Y Soft. At age 22, at a time when his country was far from ready to support entrepreneurs, he struggled through immense odds and has built a global business. Read on

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August 10 – 615th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Monday, Aug 7th 2023

Entrepreneurs are invited to the 615th FREE online 1Mby1M Mentoring Roundtable on Thursday, August 10, 2023, 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

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Best of Bootstrapping: Bootstrapped to $10M First, Raised $25M Later

Posted on Monday, Aug 7th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  “Bootstrap First, Raise Money Later,” is the 1Mby1M mantra. Ashik Ahmed, Co-founder of Deputy, shared his story in 2017 of bootstrapping to $10 Million from Australia before raising $25 Million from the US in the first external financing. Sramana Mitra: Where are you from? Where were

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Catching Up On Readings: IPO’s First Half 2023

Posted on Sunday, Aug 6th 2023

This feature from Zacks looks at how IPOs fared in the first half of 2023. Total proceeds raised were $7.6 billion this year, up 91.3% from last year. For this week’s posts, click on the paragraph links.

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Roundtable Recap: August 3 – Interesting Labor Arbitrage Idea

Posted on Saturday, Aug 5th 2023

During this week’s roundtable, we worked with two startups. Withstand Fitness First up, we had Swagatika Priyambada from Odisha, India, pitch Withstand Fitness. I liked the idea of a labor arbitrage on personal trainers from India. Currently, personal trainers cost a fortune in the US. 8020 Excellerate Then Ardi Ghorashy from Markham, Canada, pitched 8020

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Best of Bootstrapping: Bootstrapped Multiple Education Software Companies

Posted on Friday, Aug 4th 2023

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

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