Of course, today’s roundtable is a major milestone in the history of 1M/1M. It reminds me of our baby-steps and experiments early on in 2008, long before 1M/1M came into being. There is always a bit of poignancy in celebrating such milestones. You can read our synthesis: Mentoring Startups: 10 Lessons We Have Learned. All
Sramana: Can you talk, Christophe, about what has been your strategy in terms of building the team? You started with four co-founders and sounds like Julien came on board about a year later. Who else is on the team now, how big is the team and what has been your philosophy in building the team
Today’s 200th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, January 9, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.
Today’s 200th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, January 9, 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: Talk about the execution side. You mentioned that the ad networks were not really setup to work with a telecom company in this mode. So which ad network were you able to work with to get this model going? Julien: Christophe, you want to take that one? Christophe: Yeah. I would not say that
Sramana: Can you give me some idea about how the company ramped in terms of users beyond May 2012 when you brought to market the product with the more advanced functionality. Christophe: We had 9 million downloads at the end of 2012. Today we have 20 million. Sramana: That’s pretty fast. May 2012 to December
Sramana: After you launched the product in three months, what kind of ramp did you see in terms of adoption? Christophe: That’s a long time ago. Julien, have you seen the historical figures lately? Julien: Yeah, I did. If you talk about 2011, I want to say the numbers would look small for now. I
Sramana: Were you bringing them to San Francisco without salary? Christophe: No. They had salary within TextMe from day one. Sramana: Okay. That’s interesting. That brings me to the next question, which is what was the financial structure of the company? Were you putting in some of your own money from your prior successes to start