Sramana Mitra: What are the milestones of this business? By how much did it scale? How fast did it scale? What kind of strategy did you follow to make it grow? Fred Hsu: What we wanted to do at first was to basically get a good sense of the market and establish a few key
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Sramana Mitra: In 2009, you were out. What did you do next? Fred Hsu: I moved out of LA. I married and had two kids. I raised them for a couple of years and got the entrepreneur itch again. Then in about 2010, I met up with an old college friend called Kai. He was
Entrepreneurs are invited to the 263rd FREE online 1M/1M roundtable mentoring session on Thursday, June 11, 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
During this week’s roundtable, we celebrated the launch of my book, Billion Dollar Unicorns, with Jaspreet Singh, Founder and CEO of Druva, India’s flagship global product success story. Druva is not quite a unicorn company yet, but definitely a contender. Macpillar Technologies As for the pitches, first up, Sanjeev Sharma from Noida, India, pitched Macpillar
Sramana Mitra: How many people did you need to make this equation work? Fred Hsu: We had a peak of about 225 employees across three or four locations. Sramana Mitra: What function required a lot of people? At some level, it sounds like if you’re doing all this by technology, it’s not probably that people-intensive
Today’s 262nd FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, June 4, at 8:00 a.m. PST/11:00 a.m. EST/8:30 p.m. India IST. Click here to join.
Sramana Mitra: Did you bootstrap it all the way? Fred Hsu: If I were to relay anything and I could teach people, we raised money when we least needed it. We raised $150 million for Series A. Sramana Mitra: $150 million?! Fred Hsu: Yes. Sramana Mitra: What were your metrics in the business that you