If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Kevin Groome, Founder of Pica9, had done an excellent job of bootstrapping his tech company without a tech background when we spoke in 2019. Inspiring story for many in his shoes.
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?
Kevin Groome: I grew up in Princeton, New Jersey. I went to school there. I had the good fortune, in those early years, to be around a bunch of people who weren’t famous at that time but went on to be very famous. I went to History class with Jeff Bezos. I went to English Literature class with Michelle Obama, and I even went to acting class with Brooke Shields.
According to a recent report, the number of registered domain names is projected to grow at 7% CAGR to 557.7 million by 2026 from 379.2 million in 2020. Recently, GoDaddy (NYSE: GDDY) reported its first quarter results that failed to impress the market.
>>>Sramana Mitra: Let’s do some case studies. Pick your favorite companies that have come together in this fashion. Tell us some stories of what did they start with. When they came to you, what did they have? What did you see that prompted you to get involved fully?
Cameron Kramlich: One company that we’re excited about is Cycle which is a container management platform. There, we have an unbelievably gifted serial entrepreneur who’s the CEO. He’s done an incredible job building a great business with incredible metrics. We’re helping him build out his team and a better sales organization.
>>>Sramana Mitra: What is your competition in this?
Carl Memnon: The way we see it and by what’s reflected in our customer base, our primary competitors are the traditional credit cards. Those are our competitors. That’s because the product functions exactly like a credit card in terms of reporting and a revolving line. But there’s no product that’s exactly like Grain.
>>>Today’s 585th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, August 11, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 585th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, August 11, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
As sales efforts become more and more digital, companies are switching over to various digital marketing tools to support their sales teams. According to a recent report, inbound marketing costs $14 less per newly acquired customer than traditional marketing tools. Marketers also believe that inbound marketing helps double the average site conversion rate from 6% to 12%. Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its second-quarter results that continued to surpass market expectations. HubSpot is working on adding capabilities to its products and app marketplace to make its inbound marketing services even more effective.
>>>Cameron Kramlich, General Partner at Angelneers, offers a rare perspective in support of solo entrepreneurs.
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