Sramana Mitra: Did you build the platform yourself?
Marnix Broer: Yes. I started with Jacques. He was my roommate in the student house. Soon we needed someone to build the website. That’s when I knocked on the door of my old friend from high school who was also studying in Delft.
Later on, we saw that he was great at that. He also had a friend helping him out. They joined us. That’s how we bootstrapped the first website. As soon as we had the first documents up, it went like wildfire. Everybody started using it in just a couple of weeks. Then we got requests from students in other cities. They gave their documents. We put them online.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Motili CEO Jeff Wilkins and his co-founder had turned $1 million of personal investment into $80 million in revenue. Pretty capital-efficient, this entrepreneur’s journey! Motili was acquired by Daikin/Goodman in 2019.
Sramana Mitra: Let’s start with where your story begins. Where are you from? Where were you born, raised, and in what kind of background?
Jeff Wilkins: I grew on the East Coast. I was born in Bethesda, Maryland, outside of Washington DC, and moved around a lot as a kid. I spend time in Maryland, North Carolina, Texas, Oklahoma, and Pennsylvania.
Mikel has built a services company in Australia and spawned six SaaS products out of it. One of them, StoreConnect, is a terrific Bootstrapping by Piggybacking story on top of Salesforce.com. He has exited four of the apps and expects to grow StoreConnect to $100M+ in 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?
>>>According to a recent report, the global internet of things (IoT) market is projected to grow 26% annually from $478.36 billion in 2022 to $2,465.26 billion by 2029. San Francisco-based Samsara (NYSE: IOT) is a leading player in the market that went public last year.
>>>We’ve done a lot of EdTech case studies and also a lot of 2-sided Marketplace Case Studies.
Here’s one from The Netherlands that compares/competes with Course Hero and Quizlet. Terrific story!
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?
>>>This report from Crunchbase News analyzes the global funding trends in 2022. While late-stage and technology-growth investing have been most severely impacted, seed funding remains surprisingly robust. For this week’s posts, click on the paragraph links.
>>>Anup Jain, Managing Partner at Orios Venture Partners, discusses the Indian startup ecosystem and its trends and nuances.
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Cameron Kramlich, General Partner at Angelneers, offers a rare perspective in support of solo entrepreneurs.
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