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Roundtable Recap: May 11 – Startups in the Rocky Mountain Corridor

Posted on Thursday, May 11th

During this week’s roundtable, our guest was Ron Heinz, Founder and Managing Director at Signal Peak Ventures, a venture firm operating mostly in the Rocky Mountain corridor out of Utah. Ron and I discussed what’s happening in Utah, as well as Colorado and Arizona. We’ve covered a number of companies from that area including Pluralsight,

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352nd Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Posted on Thursday, May 11th

Today’s 352nd FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, May 11, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!

Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 4)

Posted on Thursday, May 11th

Sramana Mitra: We’re now at the end of 2000. You’ve got this model that is validating. You’re starting to make a little bit of money with which you can pay yourself. What are the next key strategic moves and what were the next key inflection points in the business? Sal Akbani: The next strategic move

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 3)

Posted on Wednesday, May 10th

Sramana Mitra: How did you mitigate the constrained budget? Mark Dorsey: I’m really proud of this. It’s something that we take a lot of pride in. We identified that we had a very rabid seller fanbase who were willing to do whatever it took to make our company the most successful marketplace online. Realizing that,

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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 3)

Posted on Wednesday, May 10th

Sramana Mitra: Your site operates as a two-sided marketplace except you store the inventory. Sal Akbani: Yes, and we have currently 14 plus 1. Sramana Mitra: What does that mean? Sal Akbani: We have 14 active ones [warehouses] and we have one more coming up in Denver on June. We’re currently also working in Scottsdale

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 2)

Posted on Tuesday, May 9th

Sramana Mitra: What year did Bill start coding the product? Mark Dorsey: That was in 2007. He started building Bonanza from the ground up. At that time, there were a lot of eBay alternatives. The opportunities were obvious. There were a lot of programs that allowed you to create an e-commerce marketplace by just filling

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Thursday, May 11 – 352nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Monday, May 8th

Entrepreneurs are invited to the 352nd FREE online 1Mby1M mentoring roundtable on Thursday, May 11, 2017, at 8 a.m. PDT/11 a.m. EDT/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 questions. Others can register

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 1)

Posted on Monday, May 8th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Bonanza has scaled to over $75 million in revenue with just $1 million in funding. It was bootstrapped for several years before a penny of external financing was raised. Amazingly crisp execution. A must-read story of how a two-sided marketplace was masterfully seeded and scaled. Sramana

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