According to a recent research report, the global data-centric security market was pegged at $4.2 billion in 2022 and is expected to grow 24% annually to $12.3 billion by 2027. San Mateo-based Cyera, is a rapidly growing player in the market that recently closed a $300 million funding round that sent it into the Unicorn club.
>>>Sramana Mitra: Take me to the inflection point where you hit upon the healthcare focus. What was the impetus for that?
Ayush Jain: So that was actually around the time of COVID. Moving forward, we focused on making internal changes—hiring our own sales team, setting up foundations, and so on—because we were always striving for growth. As founders, we were constantly pushing to become a 10x version of ourselves.
>>>Today’s 657th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, October 3, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 657th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, October 3, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: So, six to seven years of Upwork. What revenue level were you able to reach? How many people did you have in the company?
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Founder CEO Sean Minter has bootstrapped AmplifAI to $1M, and then raised over $15M in two rounds of financing. Read on to learn the nuances of his strategy and execution.
Sramana Mitra: All right, Sean, let’s start at the very beginning of your journey. Where are you from? Where were you born, raised? What kind of background?
Sean Minter: My background is Indian. My parents are from Indore and Bhopal in India. I’ve been in the US most of my life. I came here when I was three years old and was educated here.
Sramana Mitra: I can resonate with the time that you’re talking about. In the last ten years, I would say things have really progressed. But at that time, it was still a bit early, especially for these kind of ideas. EdTech is notoriously hard to sell. And schools are notoriously hard to sell to.
>>>If you work in tech and are seeing your entrepreneurial friends build their own businesses, you might be wondering if it’s possible for you to do the same without giving up your full-time job. The answer is YES – it’s not only possible, but it’s also a major trend in today’s entrepreneurial landscape.
The truth is, you don’t have to take the plunge into full-time entrepreneurship immediately. In fact, many successful founders, like Girish Navani of eClinicalWorks, built thriving businesses while keeping their day job. The key is to validate your business idea – talk to customers, ensure they’re buying, and confirm that your idea has traction.
Our Bootstrapping a Startup with a Paycheck course is designed for people just like you: tech workers with big ideas but also financial obligations. Entrepreneurs today are navigating the risky, cash-strapped early stages of their startups by leveraging their steady paycheck, or sometimes, their spouse’s income, to stay afloat. Learn directly from entrepreneurs who have successfully walked this path and gain insights on how to validate your idea, manage risk, and decide when to make the leap.
For the month of October, we are offering you up to 85% off this course and all of those listed below.
All of the discount coupons will expire on October 31, 2024, so enroll today!
Bootstrapping:
Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MOCT2024PAY
Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MOCT2024BTS
Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MOCT2024SVC