Global secure access service edge (SASE) market is projected to grow 26% annually to $4.1 billion by 2026 from $1.2 billion in 2021. Cloud security provider Zscaler (NASDAQ: ZS) recently reported its second quarter results that outpaced market expectations.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
When we spoke in 2016, Co-founder Taylor Tyng had bootstrapped Wiredrive over a 17-year period to about $10 million. At that time, he had options to grow organically or raise money. Either way, an interesting journey.
Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Taylor Tyng: I was born south of Boston, Massachusetts in a town called Duxbury. I was born the son of two entrepreneurs who went through a line of businesses from early plastic mold injection technology companies and ended up working in a luxury travel business. I got bitten by the entrepreneurial bug early. I was raised in a middle class setting and my parents made sure that they raised children who were thoughtful and mindful. I had a real good platform to practice at an early age. By trade, I’m a designer. Art and commerce has always been a big part of my life.
David discusses problems, solutions, and open problems in this interview about AI and IoT in the Oil and Gas sector.
Sramana Mitra: Let’s start by introducing you to our audience and talk about your background and the company.
>>>This report from Gartner analyzes digital banking trends at the ongoing Gartner IT Symposium/Xpo 2022, Gold Coast. Gartner predicts that 30% of banks with greater than $1 billion in assets will launch BaaS for new revenue by the end of 2024. For this week’s posts, click on the paragraph links.
>>>Sramana Mitra: How long do you think it will take for India to catch up?
Mohanjit Jolly: The next year will be a challenging one. When the next bull run starts, India is going to be playing a pretty big role in the outcomes. I’m less interested in the term unicorn; I’m more interested in the underlying value that these companies are providing.
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blue Vastness IV
Blue Vastness IV | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8 x 8, On Paper
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blue Vastness III
Blue Vastness III | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8 x 8, On Paper
Sramana Mitra: One of my observations on Now Float is that selling to SMBs in India is hard.
Mohanjit Jolly: That’s right. The dichotomy in India is – Indians love to be pampered as customers.
Sramana Mitra: High-touch, low-value sales.
Mohanjit Jolly: Exactly. They want the high touch but the unit economics don’t work. That was a conundrum. The interesting thing is that we had a strategic term sheet on the table. It was one of the financial institutions in India.
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