Sramana Mitra: What did you do with that? What was the next milestone after you got that money? Tim Hentschel: We just used it for growth. We eventually bought our own office space in San Diego and started hiring some people. Sramana Mitra: Why would you buy office space? Tim Hentschel: There was a real estate
Entrepreneurs are invited to the 260th FREE online 1M/1M roundtable mentoring session on Thursday, May 21, 2015, at 8 a.m. PST/11 a.m. EST/8:30 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
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During today’s roundtable, we continued to celebrate the launch of my book, Billion Dollar Unicorns, with Amit Gupta, Co-Founder of InMobi. My aversion to ‘Valuation Without Revenue’ Unicorns is well know. Amit started off by telling us that InMobi’s valuation is firmly anchored in revenues. Amit went on to discuss InMobi’s strategy for going global,
Sramana Mitra: Before we go to the post two-year bootstrapping phase, what did you achieve? You launched a website. You started getting customers. How did you get customers? How did the customers find you? Tim Hentschel: It wasn’t that hard in those days. The Internet was new. Blogs were just beginning to become popular. I
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Sramana Mitra: Does that mean that you were building more like a toolkit as opposed to a full blown architected product? You have a toolkit that you apply wherever similar problems crop up again. Does that describe the scenario better? Carl Mazzanti: If you look at where we are 15 years from now, the primary
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Tim has built an excellent company with quite unorthodox financial engineering decisions that have played out very well for him. Read this story to learn some out-of-the-box thinking. Sramana Mitra: Where are you from? Where were your born, raised, and