Thought Leaders in Financial Technology: Diversyfund CEO Craig Cecilio (Part 2)

Sramana Mitra: Is there a level of financial wealth at which you are finding people? Are these people beginning to build wealth?

Craig Cecilio: That’s a great question. We’re talking about this. We overlapped the statistics on the population and how many are accredited and considered sophisticated. We dove into our community and saw what that is. It was almost identical. There are about 10% to 12% considered accredited. We overlap that with our percentage and it matches. I found that fascinating.

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From Developer to Entrepreneur with $20M in Bootstrapped Revenue: Julien Salinas, CEO of NLP Cloud (Part 3)

Sramana Mitra: What percentage of the customers are in the $10,000 range?

Julien Salinas: Among our paid customers, it’s 10%. Maybe a bit less.

Sramana Mitra: How much of this is what you call major account customers?

Julien Salinas: I don’t have the exact number today, but I think it’s something like 150 to 200 like SAP and Lufthansa.

Sramana Mitra: All the lead generation seems to be happening on your blog.

November 17 – 596th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 596th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 17, 2022, 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!

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Best of Bootstrapping: Bootstrapped Codesigned Using Services

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

We continue our coverage of bootstrapping using services with Codesigned Founder CEO Jake Weaver.

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?

Jake Weaver: I’m from a very small town in the middle of Missouri in the Midwest called Lynn Creek, which had a population of just 289 people. It’s nowhere near any of the tech industries today with the farming and vacation towns. There’s not a whole lot of business there. 

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Thought Leaders in Financial Technology: Diversyfund CEO Craig Cecilio (Part 1)

The Jobs Act has introduced the notion of democratization in investing. The issue is not as simple as it sounds. There are lots of gaps in doing this safely.

Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.

From Developer to Entrepreneur with $20M in Bootstrapped Revenue: Julien Salinas, CEO of NLP Cloud (Part 2)

Sramana Mitra: Your customers are all developers?

Julien Salinas: Less and less, but still most of them.

Sramana Mitra: Is there a specific genre of developers? Are they developing a particular platform?

Julien Salinas: Initially, it was mainly machine learning engineers that use Python. All the machine learning engineers are Python developers. They taught me a lot of things. Then gradually, I started moving to a more global developer market. Today, I have developers who are developing on any platform and language.

Best of Bootstrapping: Bootstrapped a Technology Product Company from India

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

Some of us have worked relentlessly for decades to bring about the change in India from a largely services-driven technology industry to one that today produces credible products sold all over the world.

Ameyo is one of the early examples of this shift, and Co-founder CEO Sachin Bhatia is an early visionary in this journey. Ameyo was acquired by Exotel earlier this year.

Sachin is also a long-term reader of this blog. It is always a great pleasure for me to do the Entrepreneur Journeys of my long time readers who have benefited from these stories and the invaluable lessons shared by so many entrepreneurs since 2006. This is our conversation from December 2020.

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

Sachin Bhatia: I was born in New Delhi, India. I graduated from IIT. I’m a computer science graduate. I did my Bachelors in Computer Science in 2001. I have my whole family in India. My father was in the manufacturing business. In our college days, we thought that India should make some more products. That is how the journey started. I started this with a couple of my batchmates at IIT. 

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From Developer to Entrepreneur with $20M in Bootstrapped Revenue: Julien Salinas, CEO of NLP Cloud (Part 1)

Numerous developers around the world are turning into successful entrepreneurs. Julien provides a textbook case study of a brilliant journey that is a highly repeatable blueprint to follow.

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?