Sramana Mitra: All your early customers were in Finland? Juha Lehtonen: Yes, the early customers were local. Once we were up and running, it took us about a year and a half to launch the product. We did it very gradually. Around 2008, we heard that there was a couple of Swedish guys in sales
Haysam has built a $10M services business and alongside, he has bootstrapped a vertical CRM product for the telecom industry. Read on to understand the nuances. Sramana Mitra: Let’s start with the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Sramana Mitra: What were the deal sizes? Juha Lehtonen: It was very little – annual fees of €20,000. It was more like an advertisement for us. In addition to developing the platform, we did quite a lot of projects. We needed to self-finance. After the initial investment, we didn’t raise any other capital. That was
European companies often follow a methodical, deliberate approach to business building as opposed to mindlessly chasing venture capital. Juha has used the principles of bootstrapping using services to build his venture from Finland. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised and in
In case you missed it, you can listen to the recording of this roundtable here:
In case you missed it, you can listen to the recording of this roundtable here:
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Rahul Chandra, Managing Director at Arkam Ventures, a veteran of the Indian Venture Capital industry. The discussion spanned historical context to current Unicorn mania. Great analysis! Lumenasia As for our entrepreneur pitches, up first we had Ashwini Padiyar from Mumbai, India, pitch Lumenasia, a firm assembling