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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
Bootstrapping From a Small Town in Denmark to $12 Million: Sebastian Petersen, CEO of TrendHim (Part 5)
Sramana Mitra: I’ll tell you one thing though. You made this comment that outsourcing is bullshit. That’s absolutely false. There are a lot of ways of succeeding. You have succeeded in one way. There are a lot of other people who have succeeded in other ways. We have case studies of virtual companies with 140
Bootstrapping From a Small Town in Denmark to $12 Million: Sebastian Petersen, CEO of TrendHim (Part 4)
Sebastian Petersen: If you want to start an ecommerce company today, it’s very difficult to do it without a lot of funding and thinking big from the very beginning. Today, buying visitors and customers is four times the price it was 10 years ago. You have to think more creatively today. Sramana Mitra: I’d say
Bootstrapping From a Small Town in Denmark to $12 Million: Sebastian Petersen, CEO of TrendHim (Part 2)
Sramana Mitra: Can you tell me how many years are we talking in this mode? When did you move out of your mom’s house to your own apartment? Sebastian Petersen: We only did that for about six months. Sramana Mitra: How much were you doing, revenue-wise, when you moved to the apartment? Sebastian Petersen: I
Capital Efficient Entrepreneurship: Bongo CEO Josh Kamrath (Part 5)
Sramana Mitra: Who is the biggest of your partners? Josh Kamrath: D2L and Cengage are tied right now. Sramana Mitra: They have course material and you complement that with the video assessment. Josh Kamrath: There are two different partners. There is a content partner and what you just described is exactly what it is. They
Capital Efficient Entrepreneurship: Bongo CEO Josh Kamrath (Part 4)
Sramana Mitra: How did you sell? Selling faculty-by-faculty and direct door-to-door is not a viable scalable model. How did you actually get to market? Josh Kamrath: To answer your question directly, we were selling direct door-to-door. Then we evolved into selling more enterprise-oriented deals. Instead of going to individual faculty, we would go to directors
Capital Efficient Entrepreneurship: Bongo CEO Josh Kamrath (Part 3)
Sramana Mitra: How far did you get? In terms of metrics, how long did it take you to reach your first million in revenue? Josh Kamrath: It took a solid three years to get to the first million. As we were getting to around a million, we expanded our focus in terms of the business
Capital Efficient Entrepreneurship: Bongo CEO Josh Kamrath (Part 2)
Sramana Mitra: We’re avid users of Upwork. We really believe in that whole virtual staffing model. Josh Kamrath: For a big and long part of our history, we used Upwork to get the first iteration of our products to market. We found some developers in Ukraine. We did a bake-off. I had three different teams
June 13 – 446th 1Mby1M Mentoring Roundtable for Entrepreneurs
Entrepreneurs are invited to the 446th FREE online 1Mby1M mentoring roundtable on Thursday, June 13, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your