Best of Bootstrapping: Bootstrapped Using Services and Piggybacking

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

Mikel Lindsaar has built a services company in Australia and spawned six SaaS products out of it. One of them, StoreConnect, is a terrific Bootstrapping by Piggybacking story on top of Salesforce.com. He has exited four of the apps and expects to grow StoreConnect to $100M+ in revenue.

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?

Mikel Lindsaar: I’m Australian. I was born in Adelaide in South Australia which is the driest state in the driest nation.

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Cloud Stocks: BlackLine Improves Cash Management Offerings Amid Recession Fears

According to a recent report, the global accounting software market is estimated to grow 19% CAGR to reach $47.5 billion by 2028. BlackLine (NASDAQ: BL) announced its fourth quarter results recently that continued to outpace market expectations. The company released products that are aimed at allaying cash related concerns of its customers given the current economic conditions.

Bootstrapping with Services at the Cusp of AI and FinTech: Vahe Andonians, Founder of Cognaize (Part 2)

Sramana Mitra: What revenue level did you reach with this?

Vahe Andonians: About $8 million. It was difficult. The 2009 to 2012 period was a difficult time for the area we were operating in.

Sramana Mitra: Your clients were the banks and financial service institutions?

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Best of Bootstrapping: Bootstrapped a RegTech Venture to $20M

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

RegTech is emerging to become a category of its own with numerous risk and compliance issues getting addressed by technology solutions. PerformLine Founder and CEO Alex Baydin has bootstrapped a wonderful business and is now doing a private equity-driven roll-up within the space.

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?

Alex Baydin: I am the Founder and CEO of PerformLine. I was born in Boston, but shortly thereafter, my family moved to New Jersey in a town called Morristown. I’ve been here quite a large percentage of my life but also traveled and spent some stints outside of this area.

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Bootstrapping with Services at the Cusp of AI and FinTech: Vahe Andonians, Founder of Cognaize (Part 1)

In this case study, you will hear Vahe talk a lot about bootstrapping – bootstrapping to exit, bootstrapping with services, so on. You will also learn a nifty way of building domain knowledge on top of horizontal AI expertise. This is a valuable and extremely interesting way of building AI companies for entrepreneurs to consider.

604th 1Mby1M Roundtable Recording

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

April 27 – 605th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 605th FREE online 1Mby1M Mentoring Roundtable on Thursday, April 27, 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 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!

Catching Up On Readings: Startup Grind Global 2023

This feature from SFGATE covers the highlights of Startup Grind Global Conference held in Redwood City, California. For this week’s posts, click on the paragraph links.