Sramana Mitra: So you started building. Did you still have your day job? Was this on the side?
Ryan Chan: This was a hobby on the side. I did this from 6PM to 10 PM, three times a week. I love learning things. I love building. For me, it was fun. I loved doing this. I loved not only working as a process engineer that I spent four years in college learning about but also expanding my horizons and learning how to program and code.>>>
Sramana Mitra: Do you want to talk about any other company?
Sateesh Andra: I’ll switch to an India team company. Abhishek managed the company. He had an exit in the first three years. It was a cyber security company that’s selling in Europe, US, and India.
But there’s this India-themed FinTech company called Kissht. They enable purchase financing for buying a mobile phone or a laptop. They can buy now and pay later.>>>
Cyber security player Palo Alto Networks (NYSE:PANW) recently announced its third quarter results that surpassed market expectations. The company continues to build its portfolio through acquisitions within the highly fragmented industry. It is focused on securing the cloud environments for its enterprise customers as it builds its arsenal to take on big competitors like Cisco in the space.>>>
Entrepreneurs are invited to the 446th FREE online 1Mby1M mentoring roundtable on Thursday, June 13, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST.
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Ryan took a hobby project that he bootstrapped with a paycheck and managed to get into YCombinator.
From there, he raised a $10M Series A from a top-tier Silicon Valley firm, Emergence Capital.
Excellent execution thus far.
Sramana Mitra: Let’s start from the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?>>>
Sramana Mitra: As you probably know, my background is in computer architecture. I was in the parallel computing part of MIT’s projects back in the mid-90s.
Funding for chip companies has gone down tremendously. Almost no one in the Indian venture ecosystem is willing or equipped to do chips. I’m actually thrilled to hear that you are willing and equipped to do early-stage investments. Congratulations on that.
Tell me a little bit about this company. How does the follow-on funding happen? Were any of your colleagues in India willing to fund the chip company, or did you raise the follow-on funding in Silicon Valley?>>>
According to PricewaterhouseCoopers, 32% of all customers say they will walk away from a brand after just one bad experience. Delivering a great digital experience is the new requirement for disruption and competitive advantage. However, billions of digital signals from technological infrastructure make it difficult to separate important signals from noise. Billion Dollar Unicorn PagerDuty is a SaaS-based digital operations management platform that recently went public and reported a strong first quarter.>>>
Sramana Mitra: Can you suggest areas that we should cover in this discussion that the audience that we’re speaking to should know about in what you’re doing?
Ethan Schmertzler: We’re not the only company that’s starting to explore the idea of using virtual machines as dynamic disposable environments for protecting assets. You can think of Moving Target Defense as a medical glove in the sense that you can put one on and then you don’t expose any risk of data being exfiltrated.>>>