Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 2)

Sramana Mitra: What is your Ph.D. in?

Paresh Patel: It’s also in e-business and organization management.

Sramana Mitra: The vending machine company was yourself?

Paresh Patel: There were employees. We grew to about 25 employees.

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Indian Unicorns 2022: Innovaccer Leverages Big Data to Reduce Healthcare Costs

The global healthcare analytics market is projected to grow at 29% CAGR to reach $75.1 billion by 2026 from $21.1 billion in 2021. The use of analytics is helping healthcare providers reduce healthcare costs and improve the quality of care. Innovaccer is one player integrating several data sources to help reduce healthcare costs in the U.S.

Building a Mid-Market Cyber Security Company from Utah: Peter Bookman, CEO of Guard Dog (Part 1)

Peter is a startup veteran who is building a new Cyber Security company from Utah. The key insight to focus on in this story is how he found white space in the mid-market.

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?

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Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 1)

Paresh 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?‘

Catching Up On Readings: CES 2022

This feature from Time magazine reviews the ten best gadgets at CES 2022 held virtually this year including innovations ranging from BMW’s color-changing SUV to Razer’s cutting-edge modular PC concept. For this week’s posts, click on the paragraph links.

Colors: Solitude IV

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Solitude IV

Solitude IV | Sramana Mitra, 2020 | Watercolor | 18  x 24, On Paper 

Colors: Solitude III

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Solitude III

Solitude III | Sramana Mitra, 2020 | Watercolor | 18  x 24, On Paper 

Bootstrapping by Piggybacking: Evenica CEO Sadek Ali (Part 6)

Sramana Mitra: If you tried to go into the Shopify marketplace with another e-commerce platform, that wouldn’t work. That was not an option. You were trying to build your own e-commerce platform.

Sadek Ali: Shopify is a long-tail play.

Sramana Mitra: Shopify, on many levels, is not the right marketplace for you.

Sadek Ali: Shopify and Shopify Plus are great products, but they’re not the best products for the mid-market.