1Mby1M Virtual Accelerator Investor Forum: With Dheeraj Pandey, Founder of Nutanix (Part 5)

Sramana Mitra: You’ve touched upon a few different open opportunities. One is you talked about the gap in the visualization space. There are a lot of data solutions but, when it comes to presenting, there’s a lot more to be done.

The second thing that I find interesting is a lot of technologies especially on the data engineering side are very expensive. They are affordable for large enterprises, but when it comes down to small businesses, it’s not accessible. Where is the affordable version of that?

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Bootstrapping a FinTech Startup by Piggybacking with Services: Quavo Co-Founder David Chmielewski (Part 5)

David Chmielewski: The closer you can stick to having a real product, the better you’re going to come out in the end. It’s really those first three or four clients that help refine your product and allow you to understand what’s truly different and what’s not. We had the experience at BoA. At First Tech, we had the experience of two clients, so we had some ideas.

Our next two clients were Golden One Credit Union and CardWorks. By the time we were done with them, we knew what our product should look like. We had a breadth of knowledge that allowed us to say that this is what our product is.

591st Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 591st FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, September 22, 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!

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591st Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 591st FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, September 22, 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!

Best of Bootstrapping: Founder Bootstrapped to Over $35M

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

In these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Here, BannerBuzz Founder and CEO Nishant Shah shares how he bootstrapped to over $35 million in 2019 revenue.

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?

Nishant Shah: I was born and raised in Ahmedabad, India. I studied civil engineering at the university, and then went on to do my masters in construction management from Georgia Tech in Atlanta.

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Darktrace Builds on its Cybersprint Acquisition

According to a recent report, the global cyber security market size is expected to grow 9% annually from $173.5 billion in 2022 to $266.2 billion by 2027 fueled by the increasing adoption of digital transformation tools to streamline operations, increase mobility, and migrate away from on-premise technologies. UK-based Darktrace is a leading AI-based cyber security provider that continues to improve its product offerings to drive market expansion.

1Mby1M Virtual Accelerator Investor Forum: With Dheeraj Pandey, Founder of Nutanix (Part 4)

Sramana Mitra: Name the companies that are very expensive to use but address the problems you’re talking about.

Dheeraj Pandey: SQL-based data warehouses. Snowflake did an amazing job in the last 10 years to make it more accessible. Data was still locked in a few people’s bureaucracies. I helped create some of those back at Oracle, but we created big systems. These were hardware-based systems that had the traditional Oracle software. Not many people had access to it. They’re not elastic.

Bootstrapping a FinTech Startup by Piggybacking with Services: Quavo Co-Founder David Chmielewski (Part 4)

Sramana Mitra: You knew the specs of what needed to be built. That kind of domain knowledge is invaluable.

David Chmielewski: Right. We knew what we wanted to build. We already built it. Our flagship product is a dispute system. At BoA, I had already built three of them. We didn’t have a single line of code, but I knew what we had done and I knew how to make it better. I know First Tech saw that. We were all confident that we could do this.