Tom has built a kick-ass e-commerce company out of rural Minnesota that he hopes to build up into a billion dollar business. Sramana Mitra: Let’s start with your personal journey. Where are you from? Where were you born and raised, in what kind of environment? Tom Fallenstein: I was born in Minnesota in a small
Sramana Mitra: On your website, I cannot get the shape of the boots. I don’t have the flexibility to be able to change the shape of the boots. You have a certain structure to the boots that you’re offering. You offered customization on the heels, leather, and colors but in terms of the shape of
Sramana Mitra: The seed round was mid-2012. Then two years later, you raised what you’re now calling Series A – the $5.5 million. Jodie Fox: Yes, we did do bridge rounds in between. In November 2013, we raised $1.75 million. Sramana Mitra: What else is interesting in your story that is worth highlighting in the
Sramana Mitra: Did you have the ability to manufacture at a large scale with your design partner and did you have all the shipping and handling set up at that point? Jodie Fox: Yes, we did have the setup for the shipping and handling of international orders. We didn’t necessarily have the correct manufacturing setup.
In case you missed it, you can listen to the recording here:
Entrepreneurs are invited to the 250th FREE online 1M/1M roundtable mentoring session on Thursday, February 26, 2015, 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
During today’s roundtable, we celebrated the launches of my books, Bootstrapping With A Paycheck and Billion Dollar Unicorns, with Girish Navani, CEO of eClinicalWorks, who has bootstrapped a billion dollar Unicorn with a paycheck. Girish didn’t quit his job for two years, while he tested and validated his original product and customer base. Today, 16
Today’s 249th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, February 19, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.