Roundtable Recap: January 13 – Consumer Data Privacy Discussion

During this week’s roundtable, we had a wonderful discussion on a Consumer Data Privacy startup idea. DaXlens Krishna Katragadda from Dublin, California, pitched Daxlens, a company focused on giving consumers better control over their data. You can listen to the recording of this roundtable here: 559th 1Mby1M Roundtable For Entrepreneurs

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 6)

Sramana Mitra: What is an average deal size from your direct customers? Paresh Patel: It’s very skewed. We have customers whose deal sizes are in the millions. We also have deal sizes that are in the hundreds or thousands. We have customers that have more than a hundred thousand machines with us. Then we have

Read Full Article »

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 5)

Sramana Mitra: What happens next? Paresh Patel: We started to prepare the company for scale. We had just received our Series A. We got $12 million in the bank. I first hired a COO and then a CFO. We opened up a new office. We messed up. We hired too fast and too big. Too

Read Full Article »

559th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Today’s 559th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, January 13, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup  All are welcome!

559th Roundtable For Entrepreneurs Starting In 30 Minutes: Live Tweeting By @1Mby1M

Today’s 559th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, January 13, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup  All are welcome!

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 4)

Sramana Mitra: The form factor of your product was that you would just clip it on a retail machine? Paresh Patel: The design was remarkably simple. It almost works like a thumb drive. You just take the device and plug it into the machine. In three seconds, it could take that legacy machine and convert

Read Full Article »

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 3)

Sramana Mitra: I’ve experienced the use case that you described. The gas station around the corner from me doesn’t have any digital payment option. Paresh Patel: That was the problem. The machine only took cash. Sramana Mitra: Do the gas station people attend these kinds of trade shows?‘

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 2)

Sramana Mitra: What is your Ph.D. in? Paresh Patel: It’s also in e-business and organization management. Sramana Mitra: The vending machine company was yourself? Paresh Patel: There were employees. We grew to about 25 employees.