Cloud Stocks: Atlassian Expands API Capabilities with Optic

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its third quarter results that surpassed market expectations. The company’s outlook outpaced market expectations as well, but the news of its co-founder and co-CEO Scott Farquhar stepping down caused some angst in the market.

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Building a Global ERP Company from Estonia: Katana CEO Kristjan Vilosius (Part 6)

Sramana Mitra: That gap was obvious when you decided to position into the Shopify ecosystem. You’d already found that gap, right?

Kristjan Vilosius: Yes. Well, we’d found that when we founded the company. By the time we had finished our basic prototype, we realized that the opportunity is there.

Sramana Mitra: How much was the Series A?

Best of Bootstrapping: Bootstrapped and Managed an Excellent Pivot

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

In 2021, Oomnitza Co-founder CEO Arthur Lozinski spoke with me about an excellent pivot that is quite enlightening.

Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?

Arthur Lozinski: Both my parents were from the Soviet Union. I was born in the Soviet Union in a country called Latvia. It was in 1989 right before the wall fell. Both my parents grew up in the Soviet Union. There is a quote by Napoleon Bonaparte that says, “If you want to understand a man, you have to understand where he was in his 20s.” My parents grew up in communist Russia and my upbringing was influenced by that. Education was really important. I grew up in Germany. My parents emigrated to Germany when I was a small child and then we moved to the Silicon Valley just before high school.

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Video FAQs

Building a Global ERP Company from Estonia: Katana CEO Kristjan Vilosius (Part 5)

Sramana Mitra: Okay. Now, during these two years, tell me about the pricing model and the revenue. What was happening? What was the market accepting as your pricing model? What were you able to sell at and how was that adding up to your ARR, MRR?

Catching Up On Readings: State of Digital Health Q1’24

This report from CB Insights provides insights into the state of the digital health industry. Digital health funding grew 48% q-o-q in the quarter driven by $100M+ funding for biotech startups leveraging AI. For this week’s posts, click on the paragraph links.

Building a Global ERP Company from Estonia: Katana CEO Kristjan Vilosius (Part 4)

Sramana Mitra: When you first started getting into the Shopify ecosystem, was Shopify’s marketplace effective in getting you in there? Were you able to put in an app in the Shopify app store to get into that market?

Kristjan Vilosius: We did put up an app in the Shopify App Store. That is how we launched back in 2018. Back then we were nothing more but just an inventory and manufacturing app for Shopify merchants who have in-house manufacturing, which is just a subsegment of all the Shopify customers.

Colors: Blocks III

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blocks III

Blocks III | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8  x 8, On Paper

Colors: Blocks II

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blocks II

Blocks II | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8  x 8, On Paper