Best of Bootstrapping: Bootstrapping a Big Data Company Using Services to Exit

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

We maintain that one of the best ways to identify complex problems worth solving inside enterprises is by offering services to them, thereby gaining exposure to the domain. DataSong is yet another case in point. After I spoke with Founder John Wallace, DataSong was acquired by MarketShare in 2015.

Sramana Mitra: Let’s start at the beginning. Where are you from? What kind of a backstory leads up to the entrepreneurial story?

John Wallace: I grew up in the South from a pretty modest background.

>>>

Featured Videos

Thursday, February 9 – 599th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 599th FREE online 1Mby1M Mentoring Roundtable on Thursday, February 9, 2023, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST.

If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!

From Developer to Cyber Security Entrepreneur with $10M Revenue and $18M Funding: LoginRadius CEO Deepak Gupta (Part 1)

Deepak tells a textbook story of a developer turned entrepreneur. He and his cofounder started by bootstrapping with a paycheck, validated the hypothesis, and then quit their jobs. We love stories like this, as you know.

Sramana Mitra: Tell me where you’re from, born, raised. What kind of background?

Video FAQs

11 Udemy Courses for Laid-off Techies to Launch Startups

When life throws you a curveball, like an unexpected job loss, it can be disheartening. Yet this could also present the opportunity to start your own business.

Rather than searching for another employer, why not pursue something that you have always been passionate about?

Michelle Munson is the CEO of Aspera, a company she began after being laid off. Aspera was her realization that she could not only control her own career path but also create jobs for other people in a culture she had established. Read Michelle’s story here and see if you get inspired. 

Need more motivation?

>>>

Thought Leaders in Big Data: SupportLogic CEO Krishna Raj Raja (Part 4)

Sramana Mitra: One thing you didn’t mention is, the channels through which customers interact with an enterprise have expanded. Each of those has become a source of data. Any kind of messenger chat has become a source of data. People are touching the enterprise through many channels. Each of them is generating data. It gives AI a lot more ammunition.

Krishna Raj Raja: The omnichannel made AI more complex as opposed to simplifying it.

Catching Up On Readings: State of Digital Health 2022

This report from CB Insights provides insights into the state of the Digital Health industry in 2022. US-based companies accounted for 68% of total digital health funding in 2022. For this week’s posts, click on the paragraph links.

Thought Leaders in Big Data: SupportLogic CEO Krishna Raj Raja (Part 3)

Sramana Mitra: Is your primary customer base in the tech sector?

Krishna Raj Raja: Right now, we are focused on the tech sector. This is intentional. We have closed a lot of technology companies. Salesforce is one of them. Others are Databricks, Snowflake, 8×8. The who’s who of Silicon Valley are using us. The reason why we chose to focus on them is that technology companies have highly complex support.

Best of Bootstrapping: Bootstrapped Avelead Using Services from Atlanta

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

As usual, we love Bootstrapping Using Services case studies. Avelead CEO Jawad Shaikh shares his journey. Streamline Health acquired Avelead in 2021.

Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?

Jawad Shaikh: I was born in Pakistan. I came to the United States when I was four years old. I lived here in the States my entire life. My story falls under the Entrepreneur Journeys because my family is a business family. My father had his own business. I used to work with him. My story starts there.

>>>