categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
AppOrchid
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 7)
Sramana: How have you structured your technology to support these various use cases? Krishna Kumar: Our app building platform lets you build apps quickly for these various conditions. We use an agent-based model. That is a cool way of predicting human response conditions. We are mimicking the human intelligence response to different conditions and using
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 6)
Sramana: So your ultimate strategy is to go to market through third party consultants? Krishna Kumar: We want to empower consulting companies to run with projects based in our technology. They are not going to buy into our strategy if two things don’t happen. First, we need to have similar customers in the market that
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 5)
Sramana: Do you have any proof points of your technology working and providing actionable recommendations? Krishna Kumar: We are very new and we have just started the pilot project for that use case. It is not a tried and tested method from the business method standpoint. We will be working with more established ERP vendors
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 4)
Sramana: So how have you been able to build a product by combining the Internet of Things, People and Processes? Krishna Kumar: We have an intelligence layer that sits on top of all of these three components and allows you to build applications on top of that. For example, we are working with an organic
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 3)
Sramana: What kind of traction were you able to get with your Bootstrapping with Services strategy? Krishna Kumar: We were able to get some good Fortune 500 customers using that bootstrapping methodology. We used that as the means to get our first round of funding, which came through Open Ventures. Sramana: Where is the company
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 2)
Sramana: How did you get the company off the ground? Did you raise VC money? Did you use your own money? Did you bootstrap? Krishna Kumar: Initially, we had to bootstrap. The first few years were funded through my checking account. Sramana: How long did it take you to get your first customer? Krishna Kumar:
Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. See how a serial entrepreneur is using the ‘Bootstrapping Using Services’ methodology repeatedly to get companies off the ground. Sramana: Krishna, let’s start with the beginning of your personal story. Where are you from, what is your background? What leads up to your entrepreneurial story? Krishna
