If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
SignalWire Founder CEO Anthony Minessale is building a very interesting programmable communication platform company that has its roots in Wisconsin. This conversation is from 2020.
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?
Anthony Minessale: I’m from the Midwest. I live in Wisconsin where I’ve lived all my life. I have been involved in computers since high school. After high school, I became interested in how the internet works. At that time, the internet was starting to take off. I started to teach myself programming.
Sramana Mitra: When something fits your investment thesis, what do you want to see in the company when you’re doing a seed investment? What is the earliest stage check that you’re comfortable writing and what do you want to see? Do you want to see paying customers or a certain MRR?
Yanev Suissa: A lot of these firms have, what I would call, nonsensical rules. Some of that is indicative of how a startup is performing, but I don’t think it should be a barrier. Our seed deals are not pure tech risk in that a product is already developed. It may not have all the features and it may not be in scale, but it’s deployed in some way so you can test it and play with it.
>>>According to a recent report, the global NAND flash memory market is expected to grow at 5% CAGR from $66.52 billion in 2021 to reach $94.24 billion by 2027. The current macro trends of AI and machine learning, mobility, and connectivity are helping drive the growth in this market. Pure Storage (NYSE: PSTG) recently reported its second-quarter results that surpassed market expectations.
>>>Sramana Mitra: You learn a tremendous amount in failures. It gives you the time to pivot. There are a lot of pivots involved in finding product-market fit. Having the time to do that pivot without going bankrupt is very helpful.
Gabino Roche: Just to tie to the freedom of failure and pivoting, at the mobile app company I was running, when you come up with an idea like Saphyre and you’re trying to get clients to adopt it; you may have an initial idea that’s really good, but you have to put yourself in the selfish interest of the potential partners and clients that you want to win. You may want to build something else to get to your idea.
>>>Yanev Suissa, Managing Partner and Founder at SineWave Ventures, discusses his firm’s successes as well as its investment thesis. Vertical Cloud is one of the key ones with an emphasis on Enterprise Data Platforms.
Sramana Mitra: You have big news. Let’s catch up.
Yanev Suissa: We did big closings on our third fund. Our performance has been top 5 percentile in the industry. We’ve been doing a great job. Things have been chugging along at SineWave.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
When we spoke in 2020, Lilia Stoyanov, CEO of Transformify, had built a virtual company with zero employees, all freelancers and scaled it without outside financing. Read on for more.
Sramana Mitra: Let’s start by introducing our audience to you. Where are you from? Where did you grow up? Let’s start at the very beginning of your journey.
Lilia Stoyanov: I was born in Bulgaria. It was part of the communist block before 1989. After that, I moved to the UK and I traveled a lot.
According to a recent report, the Global DevOps Market is estimated to grow at 20% CAGR from $7.4 billion in 2021 to reach $37.2 billion by 2030. San Francisco-based PagerDuty (NYSE: PD) recently announced its quarterly results that continued to outpace market expectations.
>>>Gabino and Stephen have built a wonderful FinTech company and tell their story with wonderful flair and candor.
Sramana Mitra: Let’s go to the very beginning of your journey. Where were you from? Where were you born, raised, and in what kind of background? You are twin brothers. I think this is my first case study of a twin-brother entrepreneur.
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