This is a deeply technical discussion about a specific layer of the technology stack where Data Engineering and other data related disciplines are handled.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Cardinality.
>>>The low-code industry is estimated to grow from $13.2 billion to $187 billion by 2030. Reston, Virginia-based Appian (NASDAQ: APPN) recently announced its quarterly results as it continues to consolidate within the space.
>>>Sramana Mitra: I’m going to go in a bunch of different directions in the next part of the interview. One, let’s start with the product and the model of how students are using the product. What is the infrastructure? How are teachers engaging? How are parents engaging to come up with a good outcome?
Stuart Udell: Our flagship product is actually the name of the company – Achieve3000. It represents two-thirds of our revenue. What Achieve3000 Literacy does so exceptionally well is that it’s built to provide equity and access for kids. It does that by helping the teacher differentiate instruction in the classroom. That’s something that all teachers think about.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Founder Jorn Lyseggen started Meltwater in Norway and, when we spoke in 2015, had scaled the company organically to $200 million. Fascinating journey!
Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of circumstances?
Jorn Lyseggen: I was actually born in Korea. I came to Norway as a very small child. I was three years old. I actually grew up in a little farm in the middle of a deep, dark forest in Norway. You drive for hours into the deep, dark forest and then suddenly, there’s a small opening. Then, you come to a little village with 168 families. One of those families is mine.
Sramana Mitra: You operated in a zero-logistics mode with domestic manufacturers. Since 2018, how long did you operate in that mode before introducing the logistics operation?
Gil Bar-Lev: We started the logistics operation in the last quarter of 2020. We started with just one warehouse in California. Then we expanded and now have two. We’re working on a partnership with UPS. Through that, we’ll be able to launch multiple warehouses across the nation.
>>>The global enterprise collaboration market is estimated to grow 9% from $29.45 billion in 2020 to $53.3 billion by 2028. San Francisco-based Asana (NYSE:ASAN) recently announced stellar quarterly results.
>>>McGraw Hill has just acquired Achieve3000. Stuart is an EdTech veteran who discusses the pre-K-12 literacy gap, personalized learning, as well as open opportunities in B-to-C education models driven by Covid.
Sramana Mitra: Tell us a bit about your own background and introduce us to the company. Let’s get acquainted.
>>>Jukka Alanen, SVP of Strategy and Corporate Development at PagerDuty, discusses Exit Strategy.
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