Oracle (NYSE: ORCL) recently reported its fourth-quarter results that managed to surpass the market’s expectations. Like all other technology players today, Oracle is also gearing up its product offerings to address the growing demand for AI-capable solutions.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Wrike Founder Andrew Filev has built a company with a rigorous data-driven approach. Learn how they bootstrapped first, raised money later from our conversation in 2015.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Andrew Filev: I was born in St. Petersburg in Russia. I got interested in computers pretty early. I spent a lot of my childhood playing with computers, building and programming, and designing. I also had a big interest in other sciences as well. I competed in different math, physics, and chemistry competitions.
Sramana Mitra: How do you do that? How do you intervene in reducing infractions?
Jay Chandan: That is by better traffic management at the intersections. We have a traffic management solution which we have built and deployed at a fraction of the cost.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
When we spoke in 2015, Joel Lessem was scaling a profitable company in Toronto called Firmex, and had only spent $4 million in angel money to get to almost $10 million in revenue. Datasite acquired Firmex in 2021.
Sramana Mitra: Let’s start with the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background?
Joel Lessem: I was born in Israel but raised in Toronto from the age of three. I grew up in Toronto.
Sramana Mitra: Is it a product company or a services company?
Jay Chandan: It’s a mix. Today, about 60% of our revenue comes from product and about 40% from services.
Sramana Mitra: What’s in the product?
>>>Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its second quarter results that outpaced market expectations. Cisco continues to focus on providing solutions for the hybrid workspace and leveraging generative AI capabilities into its existing offerings portfolio.
>>>Jay talks about Gorilla’s Smart City system integration business that heavily focuses on IoT security, analytics, and workflow. In the end, we discuss open problems that could warrant new entrepreneurs building startups around.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?
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