Building a Global Hardcore Financial Technology Company from Brazil: Ricardo Josua, CEO of Pismo (Part 3)

Sramana Mitra: Pinpoint for me exactly what problem you are solving now.

Ricardo Josua: We are solving agility with robustness for core banking capabilities. What banks have done for the past 10 years is take an agile team or a group of young developers and build experiences that are very cool but have to integrate with old legacy infrastructure. In 99% of the cases, that’s a major bottleneck. What we were providing is the backbone to match the chops of their customer experience needs. We have agile, microservices-oriented solutions for banking infrastructure.

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From Developer to Serial Entrepreneur: Michael Morris, CEO of Torc (Part 3)

Sramana Mitra: Is it all word-of-mouth that developers found out about you?

Michael Morris: Word-of-mouth. I referenced that Social Network movie because it mostly started in Computer Science departments at universities across the globe. Once we got a foothold in the US, it started going globally. Once we went global, it expanded. There was a point in time when we were adding about 50,000 people per quarter to the community. It was hugely viral growth. We did a great job of celebrating the top talent. That helped.

Sramana Mitra: That was helping their careers.

Cloud Stocks: ON24 Targets $44 Billion Addressable Market

According to a recent report, the global digital experience platform market is expected to grow at 12% CAGR from $10.11 billion in 2021 to reach $25.03 billion by 2029. San Francisco-based ON24 (NYSE: ONTF) continues to expand its footprint in the market through its product upgrades.

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New 1Mby1M – Udemy Course and Discount Coupon: From Developer to Entrepreneur Case Studies

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In this new course, From Developer to Entrepreneur Case Studies, we offer case studies of entrepreneurs who have made this transition successfully, in their own words.

Through these case studies, developers who are aspiring entrepreneurs can learn what the journey entails.

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Building a Global Hardcore Financial Technology Company from Brazil: Ricardo Josua, CEO of Pismo (Part 2)

Sramana Mitra: Now we’re in 2012?

Ricardo Josua: 2014. I started another venture in finance providing structuring for asset-backed security. It was lateral to the business we were doing at that point. I also began working with EdTech on modernization for schools.

Sramana Mitra: In what capacity were you involved in these ventures?

From Developer to Serial Entrepreneur: Michael Morris, CEO of Torc (Part 2)

Sramana Mitra: What year does this bring us up to?

Michael Morris: This would be the end of 2001. A group of us stayed on for a little bit, then we left. We went and started a company called Topcoder. The whole idea was to build a community for software developers to compete and earn a profile, and do what you used to do in universities where you had grades. Oftentimes, you had competitions. We started doing those things with Topcoder. We got to about 10,000 people. We just saw it spread and grow. We grew that community. Fast forward to 2008, we probably had about 250,000 software developers in the community.

Decacorns: Analysis of Gusto’s Acquisitions

According to a recent report, the global cloud-based payroll software market is estimated to grow at 6% CAGR from $11.6 billion in 2021 to reach over $16.8 billion by 2027. San Francisco-based Gusto recently entered the Decacorn club in this space.

Best of Bootstrapping: Queue-It Bootstrapped from Denmark to the US

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

In 2019, Queue-It Co-founder Camilla Ley Valentin shared this wonderful story of capital-efficient entrepreneurship, and scaling a company born in Denmark to having 40% of its business in the US.

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?

Camilla Ley Valentin: I come from a creative family. My father was a child TV star back in the 70’s and 80’s, which was when I was born in 1973. At that time, you can imagine that there weren’t many TV stations in Denmark where I’m from. We were part of a mini celebrity family and worked a lot in the entertainment industry.

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