Jukka Alanen, SVP of Strategy and Corporate Development at PagerDuty, discusses Exit Strategy.
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Sramana Mitra: You took a handful of manufacturers who were willing to give you the data and were willing to drop ship on your behalf and you started off with them.
Gil Bar-Lev: Yes, we created a new portal where we listed those products. We provided our manufacturers a backend login for them to manage their orders and inventory levels. We gave all this information to them so they have more visibility into what’s going on in the platform.
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Gil discusses wholesale e-commerce and its complexities. This is an important interview to read for e-commerce retailers who’re looking to buy efficiently, as well as run their businesses in a zero-logistics mode.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as Homeroots.
>>>Sramana Mitra: You were finding all these levers at the right moment. Timing is really hard to get, but when you get it right, it works really well. What kind of revenue level were you at in 2015?
Stephanie Madesh: We would have been at $3.5 million.
Sramana Mitra: How many people now?
Stephanie Madesh: 12 employees.
>>>This feature from Nasdaq covers the strong IPO momentum in the first three quarters of the year 2021 so far wherein 560 companies have listed raising $136 billion. Q3 accounted for 147 listings raising over $29 billion. For this week’s posts, click on the paragraph links.
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