Sramana Mitra: This email list where you got pre-orders from, was that just your email list from before or did that include Indiegogo crowdfunding email list? Kish Vasnani: It was a combination of all. We were able to segment the list. We also had a segment of people who were very interested in the bag
Sramana Mitra: Could you summarize what you learned? What were the wins and what were the mistakes? Kish Vasnani: On the wins side, we figured out product-market fit. It reached a critical mass of people. As soon as people saw the product and imaging, they resonated with it. That is thanks to Vanessa’s background. That
Sramana Mitra: How much did you do in 2018 in product revenue? Suuchi Ramesh: It was about 10% to 15% of our revenue at that point. We only started commercializing towards the end of the year. Sramana Mitra: How did that split change in 2019?
Sramana Mitra: Let’s go to the period where you’re still bootstrapping with a paycheck with this network of factories. What prompted you to quit your job and feel comfortable enough to go full-time on this? Suuchi Ramesh: Within six months, we had half a million in bookings. That was validation. It wasn’t profitable, but the
Sramana Mitra: Where is the domain knowledge for supply chain coming from in your team? Suuchi Ramesh: My domain knowledge with supply chain is with respect to the data piece of it. Then of course I had the opportunity to study supply chain from a data standpoint with the companies that we had sold predictive
Sramana Mitra: Before you quit your day job, what was the timeframe between your coming up with this idea, deciding to start this company, and quitting your job? Suuchi Ramesh: The idea took shape about 18 months before I quit my day job. By that time, Suuchi Inc became really tangible. It was in the
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. This is a wonderful bootstrapping with a paycheck story of a really smart, scrappy entrepreneur. 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?
Cedric’s story is a textbook case study of the kind of entrepreneur we want to see emerge and grow in every corner of the world: a solo entrepreneur who is a developer and a product guy capable of getting to validation while holding onto a day job. Today, FormAssembly CEO Cedric Savarese has almost 50