Bootstrapping Using Services from Helsinki: Juha Lehtonen, CEO of FA Solutions (Part 2)

Sramana Mitra: What were the deal sizes?

Juha Lehtonen: It was very little – annual fees of €20,000. It was more like an advertisement for us. In addition to developing the platform, we did quite a lot of projects. We needed to self-finance. After the initial investment, we didn’t raise any other capital. That was the only capital we got. We ended up building up a consultation business.

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562nd 1Mby1M Entrepreneurship Podcast with Naganand Doraswamy, Ideaspring Capital

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Bootstrapping Using Services from Helsinki: Juha Lehtonen, CEO of FA Solutions (Part 1)

European companies often follow a methodical, deliberate approach to business building as opposed to mindlessly chasing venture capital.

Juha has used the principles of bootstrapping using services to build his venture from Finland.

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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561st 1Mby1M Entrepreneurship Podcast with Christopher Mirabile, Launchpad Venture Group

Christopher Mirabile is Senior Managing Director at Launchpad Venture Group. We have an awesome conversation about a non-Unicorn chasing investment philosophy.

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From Developer to Successful Machine Learning Entrepreneur: Aparna Dhinakaran, Co-Founder, CPO of Arize (Part 7)

Sramana Mitra: It’s true about men also. Unless you come from our kinds of backgrounds, you don’t reach this community. If you come from an average background, you don’t have much of a choice than go through the bootstrapping route. We belong to a very privileged elite class of people who have access. Most of the industries don’t have that access.

Aparna Dhinakaran: Maybe we agree to disagree on this one.

From Developer to Successful Machine Learning Entrepreneur: Aparna Dhinakaran, Co-Founder, CPO of Arize (Part 6)

Sramana Mitra: You believe there is a bias from customers?

Aparna Dhinakaran: No, I think there is a bias in the tech industry itself. In general, there are not that many women that go into AI. I don’t think that we can argue that we’ve reached a neutral point. If I saw that in reality, there would be more women founders.

Sramana Mitra: I’m not asking you the question on statistics. I’m asking about your personal experience. Do you face bias from customers?

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