The global application infrastructure middleware market is expected to grow at 10% CAGR from $47.5 billion in 2021 to reach $83.1 billion by 2027. Confluent is a leading data streaming platform provider in the industry. It recently reports its quarterly results that surpassed market expectations.
>>>Movius is doing something very interesting in the Cloud-based Communication space to decouple the phone number of an employee from the device and the number it is attached to. You will encounter the use cases and the rationale in this interview. Cool stuff!
Sramana Mitra: Let’s start at the beginning and introduce you to our audience.
>>>Sramana Mitra: What kind of companies were these seven companies that you invited? Were they logistics companies?
Victor Allis: One was in the Rotterdam harbor; they unloaded ships. They told us that it’s a unique process and there was no product that could handle that. Then there was another one. It was a copper factory. We said that our product is so flexible that, no matter how crazy your process is, it will fit in our software. That was true. That was the unique thing. We made very flexible software.
>>>Earlier last week, IBM (NYSE: IBM) announced its third quarter results that outpaced market expectations. Under the leadership of Arvind Krishna, IBM has been focused on growing through acquisitions. It continued that mandate this quarter with two additional acquisitions.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
European entrepreneurs often bootstrap using services successfully. The chasing of investors from the get go is less prevalent on the other side of the Atlantic, although this obsession from Silicon Valley has traveled to all corners of the world now. Dapresy Founder Tobi Andersson and CEO Rudy Nadilo shared their journey in 2016, when they had crossed $7 million in annual revenue with minimal outside financing.
Sramana Mitra: Let’s start at the very beginning of your personal journey. It sounds like, Tobi, you’re the founder. Maybe, we’ll start with you and let’s go back to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Tobi Andersson: I was born in Sweden, in the Swedish countryside. Very early on in my life, I decided that one day I would like to earn the money to have the opportunity to buy a really big farm. That has always been my vision – to create something that, on one hand, can give me money but on the other hand, I can create opportunities for people to develop. I’m very much like HR focused on life. I would like everyone an opportunity to feel that they have a good life.
Sramana Mitra: What you’re describing is a track that we have called bootstrapping using services. It’s a tried-and-true path in which a lot of entrepreneurs have built companies. We have great regard for this method.
The services work, I understand. The product that you were developing, what was going to be in that product? How well did you understand the product, the requirements, and the positioning? What problem were you going to solve? How well did you understand all that?
>>>Sramana Mitra: At this point, it’s more of executing the business that you’ve described so far?
Alex Baydin: Yes, that was the last pivot that got us sustainable traction. We’re still very focused on consumer finance because it’s such a big category. As I mentioned, the platform and the technology provide this level of sales, marketing surveillance, and remediation across six channels: Web, Call Center, Email, Messages, Social, and Documents.
Sramana Mitra: What kind of revenue level are you at now?
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Diego Gomes, CEO Co-founder of Rock Content, had built a terrific content marketing company from Brazil when we spoke in 2020. He bootstrapped first, raised money later, and had then acquired a sizable US company to scale. Excellent story!
Sramana Mitra: Let’s start at the beginning of your journey. Tell me about your background. Where are you from? Where were you raised?
Diego Gomes: I am from Brazil. I lived most of my life in Belo Horizonte. I started our company Rock Content around seven years ago with two co-founders, Edmar Ferreira and Vitor Pecanha.