Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 7)

Sramana Mitra: You have a tremendous revenue stream. Where are you now? How far along are you? Nilay Banker: We are getting into the tens of millions of dollars. We are doubling every year in revenue. Sramana Mitra: How many people? Nilay Banker: Now, we are close to 50 people. Almost everybody is in the US.

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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 6)

Sramana Mitra: What do you do with the venture capital fund? Do you invest in companies in the Czech Republic or in eastern Europe? What is the scope? Vaclav Muchna: I suggest we take it chronologically. Sramana Mitra: Sure. Vaclav Muchna: Today, we are doing a lot of things, but the biggest pie of revenue

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Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 6)

Sramana Mitra: How long did it take you to be able to know that you could actually save money and for you to make money on that gain share model? How long was that process of fully validating the business model? Nilay Banker: Typically, it takes from 6 to 12 months by the time the

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April 20 – 349th 1Mby1M Mentoring Roundtable For Entrepreneurs

Entrepreneurs are invited to the 349th FREE online 1Mby1M mentoring roundtable on Thursday, April 20, 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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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 5)

Sramana Mitra: It must have been very helpful for you to recruit a bunch of channel partners who would then go and sell that same solution to other major players. Vaclav Muchna: Exactly. Once they started with us, there was another deal with the headquarters of a central European bank. That helped us to build the relationship

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348th Roundtable Recording On April 13, 2017: With Ricky Joshi, Saatva

In case you missed it, you can listen to the recording here:

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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