According to a recent report, the global Application performance monitoring market is estimated to grow at 11% CAGR to reach $15 billion by 2028. The continuously increasing complexity of applications is driving the growth in this market. Splunk (NASDAQ: SPLK) continues to grow its enterprise clients at a stellar pace, thus driving interest in its stock.
>>>Sramana Mitra: What about fabric?
Joe Zhou: We purchase from big fabric factories and we handle its stocking.
Sramana Mitra: Let’s say a designer wants to design something, they have to work within a catalog of fabric?
Joe Zhou: We have 40 kinds of fabric. They don’t need to select from the fabric. The fabric is connected to certain styles. We already have these prepared.
>>>According to an IDC report, the global Analytics Data Management and Integration Platforms market is estimated to grow at 16% CAGR from $31 billion in 2021 to $56 billion by 2025. Redwood Shores-based Informatica (NYSE: INFA), a leading player in the market, went public last year.
>>>Naganand Doraswamy, Managing Partner and Founder at Ideaspring Capital, adds to our thesis on great investment opportunities within the sub $100 million exit space.
Sramana Mitra: Let’s start by having you introduce yourself as well as Ideaspring.
Naganand Doraswamy: I grew up in Bangalore. I did my undergrad there and then came to the US in 1999 to do my Masters in Virginia Tech. After my Master’s, I moved up to Boston. I joined FTP Software where I wrote the first implementation of IP security of Windows 95.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
PayRange Founder Paresh Patel did a superb job of validating in a bootstrapped mode and then raising significant venture capital. However, he made some mistakes after the fund raise. Eventually, he course-corrected and has built a wonderful business without further infusion of capital. Excellent case study!
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?
Paresh Patel: I was born in Vancouver, Canada. I grew up there and moved to the United States when I was about 10 to Portland. I spent the rest of my life since then in the Pacific Northwest.
Joe talks about a gap in designing, manufacturing, and drop-shipping small run fashion merchandise.
Excellent offering from a Chinese company to fill a big gap in SMB e-commerce.
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?
>>>According to a recently published report, the Global Internet of Things (IoT) Market was estimated at $310 billion in 2020 and is expected to grow 25% annually to $1.84 billion by 2028. San Francisco-based IoT company Samsara (NYSE: IOT) went public last year and recently announced its fourth-quarter results.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
SoPost CEO Jonny Grubin started as a solo entrepreneur, bootstrapped with a paycheck, and has built a $15M+ revenue global business with a small amount of funding. Excellent story!
Sramana Mitra: Let’s go to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Jonny Grubin: I was born in London but moved to Newcastle when I was three. My dad is American and my mom is from the UK. I grew up in Newcastle and started on my entrepreneurial journey at a pretty young age. When I was studying for my high school exams, I kicked off and ran a range of entrepreneurial ventures of my own.