Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 5)

Sramana Mitra: When did you start selling the product in this whole gain share model? You said that 2008 is when you started two and a half years of services mode while you got the handle of what the problem was and what product to develop. Was 2011 your first year of selling the product?

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Roundtable Recap: April 13 – Venture Scale Growth Without Venture Capital

During this week’s roundtable, Ricky Joshi, Co-founder at Saatva, shared the story of growing his company from 0 to over $150 million in seven years. This is pretty much venture scale growth. The best part of the story is that the company has raised no VC money at all. Wonderful conversation about a capital-efficient, deeply

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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 4)

Sramana Mitra: What year are we talking about? Vaclav Muchna: 2003. In 2002, we launched that web server. We had to produce 20 terminals and we had no money. I tried to go to the bank but, of course, they didn’t let us borrow anything. There were only few VC funds. The VC market almost

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348th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Today’s 348th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, April 13, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!

348th Roundtable For Entrepreneurs Starting In 30 Minutes: Live Tweeting By @1Mby1M

Today’s 348th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, April 13, 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 Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 4)

Sramana Mitra: How do you do that? How do you take an internal operation and turn it from a cost to profit center? What did you that was innovative there? Nilay Banker: That’s a great question. It all starts with making sure that you can achieve process efficiency. Process efficiency, in this case, is how

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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 3)

Vaclav Muchna: The three of us started again. I kept 20% and they both got 30%. We started again without really knowing what to do next. One customer came and said that they would like us to develop a software that would secure printing. They wanted to remove 200 desktop inkjet printers and install 20

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Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 3)

Sramana Mitra: Let’s talk a little bit about some of the nitty-gritty processes. What year did you start Inspyrus? Nilay Banker: I started Inspyrus in 2008. Sramana Mitra: You said you started by consulting. How long did you operate this company in a consulting services mode that got you the opportunity to understand the problem

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