Three Co-founders Bootstrapped with a Paycheck, Now at Over $50M Revenue: Ganesh Shankar, CEO and Co-Founder of Responsive (Part 6)

Sramana Mitra: This is something we reinforce all the time in 1Mby1M. Do not chase investors, chase customers. If you get customers, investors will chase you.

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December 12 – 665th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 665th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 12, 2024, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 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 can register to “attend” to watch, learn, and interact through the online chat.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!

664th 1Mby1M Entrepreneurship Podcast with Mo Islam, Threshold Ventures

Mo Islam, Partner at Threshold Ventures. discusses his firm’s AI investment thesis. We had an excellent discussion on AI-enabled drug discovery, AI-enabled medical imaging, etc.

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664th 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording of this roundtable here:

Roundtable Recap: December 5 – AI Investment Thesis with Mo Islam, Threshold Ventures

During this week’s roundtable, we had Mo Islam, Partner at Threshold Ventures discussing his firm’s AI investment thesis. We had an excellent discussion on AI-enabled drug discovery, AI-enabled medical imaging, etc.

DAS Med Hub

As for our entrepreneur pitches, Divine Sebukpor from Chandigarh, India, pitched DAS Med Hub, a platform for pre-diagnosis of symptoms.

CO2 Trust

Then Misty Burris from Portland, Oregon, pitched CO2 Trust, a carbon trading marketplace.

You can listen to the recording of this roundtable here:

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Three Co-founders Bootstrapped with a Paycheck, Now at Over $50M Revenue: Ganesh Shankar, CEO and Co-Founder of Responsive (Part 5)

Sramana Mitra: Until that million dollar point where you brought in institutional capital, did the three of you fund the company through your own savings?

Three Co-founders Bootstrapped with a Paycheck, Now at Over $50M Revenue: Ganesh Shankar, CEO and Co-Founder of Responsive (Part 4)

Sramana Mitra: Okay, got it. You just took me through a bit of the pricing and ROI analysis. What did you price your product at?

Three Co-founders Bootstrapped with a Paycheck, Now at Over $50M Revenue: Ganesh Shankar, CEO and Co-Founder of Responsive (Part 3)

Sramana Mitra: So, you got to prototype in a bootstrapping with a paycheck mode. Your two co-founders who were doing the design and implementation work, stayed on working in a bootstrapping with a paycheck mode. You quit and went full-time. Then you got to a release in June of the next year, in six months. Which side did you decide to build the product for? Was it the buy side?

Ganesh Shankar: No, the sell side.