Sramana Mitra: You got some little bits and pieces of revenues and customer validation going. What’s the next major milestone? Robert Moore: I mentioned that we were working out of my attic. What I didn’t mention is we didn’t have any air-conditioning in that attic. We started in October 2008. It was all well and
Sramana Mitra: Given that you know nothing about me and you’re showing me something that doesn’t work for me at all, how do you take a prospect like me and turn me into somebody who can actually find useful things on your site? Jeremy Young: You would have to give us your email address and
Sramana Mitra: I presume you guys started the company with your own money? Robert Moore: We did. It was not a lot of money. It was about $10,000 in total between the two of us. Sramana Mitra: Who built the software? Who wrote the code? Robert Moore: I wrote the original version in my attic.
Sramana Mitra: There is a company that we have done a case study on in Utah called Steals.com that’s in the baby product category and that does one deal a day. Jeremy Young: Exactly. This was before any of those companies existed. We’ve been doing this for almost 10 years now. Sramana Mitra: When you
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. True to the 1M/1M mantra, here is yet another story of a high-growth SaaS company that was bootstrapped first, and then has gone on to raise $22 million. Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were
Jeremy Young: The second company was called Uberplay. That was a company that was going to take the best games out of Europe and trying to get the license for English-speaking markets, produce these games in China or Europe, and distribute them in the United States. We went over there and signed a lot of
Entrepreneurs are invited to the 294th FREE online 1M/1M roundtable mentoring session on Thursday, February 18, 2016, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any
Sramana Mitra: Talk to me about your involvement in that company and how long you were involved in that company. Jeremy Young: I was involved for probably a couple of years. I ended up selling my interest back to them. Sramana Mitra: In what capacity? Jeremy Young: I came to them with the idea. They