Most businesses can be launched in a capital efficient manner. Most businesses can go a long way in a bootstrapped mode. As long as you’re not taking on capital guzzlers like drug discovery or semiconductor chips, you have many options to explore.>>>
While we have made a lot of progress, the tech industry remains male dominated.
My mantra has always been: Do not strive to be a great female entrepreneur. Strive to be a great entrepreneur. Period.>>>
Dara Greaney bootstrapped BuyAutoParts to $54 million in profitable revenue and sold the company to private equity. Yet another story of success in the niche e-commerce domain.
Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Dara Greaney: I was born and raised in Ventura, California. I was the first one in my family to be born in the US. My family is all Irish. My grandfather got a visa and came to New York. My father immigrated in ’78 and I was born that year. I’m a first-generation American. I went to school in Ventura. I enjoyed beach, surfing, and soccer. I was always fascinated by technology and marketing. I went to University of San Diego for undergraduate studies. I got a degree in Marketing and Finance there. Then I went to San Diego State’s entrepreneurship school and graduated there in 2002. At that time, I did a startup with an e-commerce company that quickly got bought by a bigger company, but I didn’t want to move to Chicago.
Sramana Mitra: I’ll tell you what we do at 1Mby1M. We do bottom-up TAM analysis, which means we have to get the business model and pricing model hypothesis. When you’re starting out and raising money, that financial hypothesis is really important to get right. We emphasize a few specific elements. One is the business model. Two is the pricing model. Three is the bottom-up TAM analysis. Does that cover what you’re looking for in financial storytelling?
Sandeep Sardana: I couldn’t have said it any better.>>>
The Global Data Science Platform Market is estimated to grow at 11% CAGR from $43.3 billion in 2021 to reach $81.43 billion by 2027. Data science and analytics platform provider Alteryx’s (NYSE: AYX) is expanding its presence in the market through acquisitions.>>>
Sramana Mitra: Interesting. What is the trajectory of your company? How did you get started? Where does the AI expertise come from?
Rohan Gupta: It’s a stereotypical startup story. My co-founders and I were in school. My co-founder, the CTO, is a college dropout. My third co-founder was one year out of school and he quit his full-time job. We started with a Google Translate interface. It just took off. We started seeing a ton of organic traffic. It motivated us to pursue it full-time.>>>
Sandeep Sardana is Founder and General Partner at BluePointe Ventures. We had a terrific discussion on how we each look for a startup story through financial metrics.
Sramana Mitra: Let’s start by introducing yourself to our audience. Tell us a bit about your journey. What path brings you here?>>>
Here is yet another story of a high-growth SaaS company that was bootstrapped first. When I spoke with RJMetrics Co-founder Robert Moore in 2016, the company had gone on to raise $22 million. RJMetrics was acquired by Magento and is now part of Adobe Commerce Cloud.
Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were you born, raised, and in what kind of background?
Robert Moore: I was born in Annapolis, Maryland but actually grew up and spent the majority of my childhood in a town called Glassboro, New Jersey, which is in southern New Jersey. My journey really begins in high school where I started my first business and really fell in love with entrepreneurship. Everything grew out of that.