In case you missed it, you can listen to the recording here:
Sramana Mitra: You wanted to set the company for exit. Ruslan Fazlyev: Yes. Sramana Mitra: Where did you go to look for financing? Ruslan Fazlyev: I never really looked proactively for financing. The way it worked is, Ecwid was named as the hottest technology company in Russia after winning this competition by Google and Forbes in
During this week’s roundtable, our guest was Nevin Shetty, CEO of Blueprint Registry. Nevin did TechStars last year, and we discussed some strategies for getting into YCombinator and TechStars, the two seed fund accelerators that are high quality and worth going through. Note, there are very few among the 7500+ accelerators out there that are
Sramana Mitra: Not only did you have the platform but you were also offering the integrated consulting services to implement it. Ruslan Fazlyev: Yes, that was the X-Cart approach but it was not good enough for some customers. Some customers asked, “Is there any way to integrate my store into my site without ever having
Today’s 337th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, January 26, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 337th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, January 26, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: What is the business now? Do you sell mostly licenses? Sylvana Caridi Coche: I switched from 80% services and 20% license to 80% license and 20% services. The goal next year is to do more and more services. Sramana Mitra: How many people do you have now? Sylvana Caridi Coche: I have three
Sramana Mitra: Do you remember the denomination of the customer? How much did the customer pay? Ruslan Fazlyev: I think it was $100 a license. I did my math quickly. Five cents investment for $100. Sramana Mitra: Amazing. Ruslan Fazlyev: My second 5-cent spend was disappointing because there was no customer, but my third spend