Building a New Age AI Services Company: Cognida CEO Feroze Mohammed (Part 4)

Sramana Mitra: Feroze, there are a few things that come to mind as I’m listening to you. First and foremost, you talked about delivery constraints and supply constraints in terms of the expertise that give you this moat. You haven’t talked about domain knowledge.

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John Stewart and his co-founder built MapAnything from Charlotte, North Carolina and Atlanta, Georgia. When we spoke in 2018, he had raised over $40 million in funding, proving that you can build sizable VC-funded SaaS businesses from anywhere. MapAnything was sold to Salesforce in May 2019. Sramana Mitra: Let’s start at the very beginning of

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Building a New Age AI Services Company: Cognida CEO Feroze Mohammed (Part 3)

Sramana Mitra: So, I’ve a number of questions. First and foremost, you said you acquired or acqui-hired the software from somebody that you started with. What is the financing of this company? Did you raise money? Did you self-finance? How did you acquire?

Best of Bootstrapping: Bootstrapped to $45 Million from Chicago

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Building a New Age AI Services Company: Cognida CEO Feroze Mohammed (Part 2)

Sramana Mitra: So, talk about what you pitched to your first clients and how you got them. Where does this begin? Feroze Mohammed: Sure. I think even before we started, one thing we learned from our journey in Sierra Atlantic and later with Hitachi is to play the game only when you have an unfair

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Building a New Age AI Services Company: Cognida CEO Feroze Mohammed (Part 1)

IT Services is going through a profound shift. Huge opportunity for more companies like Palantir to be built. This discussion parses the nuances of building such ventures. Needless to say, VC money is now going to flood into this model.