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Best of Bootstrapping: Bootstrapped a Virtualization Services Company

Posted on Monday, Jun 26th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Abacus Group Founder CEO Chris Grandi has significant domain knowledge in the hedge fund industry. When we spoke in 2015, he had self-financed a successful company offering to secure virtualization services to the segment with high service levels. Sramana Mitra: Let’s start at the very beginning

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Best of Bootstrapping: Abacus Group Founder Bootstrapped a Virtualization Services Company

Posted on Wednesday, Oct 20th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Abacus Group Founder CEO Chris Grandi has significant domain knowledge in the hedge fund industry. When we spoke in 2015, he had self-financed a successful company offering to secure virtualization services to the segment with high service levels. Sramana Mitra: Let’s start at the very beginning

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 6)

Posted on Monday, Aug 17th

Sramana Mitra: How has your revenue ramped from the 2007 time frame to 2015? Where are you now? Chris Grandi: We’re growing over 50% per year. In year one, we started our revenue with less than a million dollars. You grow a 100% when your revenue is smaller. Our revenue is significantly bigger now but we’re

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 5)

Posted on Sunday, Aug 16th

Sramana Mitra: What is it about the hedge fund space in terms of work flows or virtualization? What specifically is different in that space versus other verticals? Chris Grandi: There are really two things that make the hedge fund space different. One is the level of service. Because of what hedge fund managers do and

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 4)

Posted on Saturday, Aug 15th

Sramana Mitra: What was going to be the new company? What did you find that warrants doing another company? Chris Grandi: This is one thing that I always tell the entrepreneurs I speak to. You always hear about entrepreneurs who start a company when they’re super young and don’t have a lot of experience, and

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 3)

Posted on Friday, Aug 14th

Sramana Mitra: What year does this bring us up to? Chris Grandi: 2001. At the end of 2001, I was essentially committed to taking off six months to figure out what I was going to do about starting my next company. Despite not making money in that first entrepreneurial endeavor, I was committed to starting my own

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 2)

Posted on Thursday, Aug 13th

Sramana Mitra: What was the next move after Maxim? Chris Grandi: I took a pretty divergent turn. I thought that maybe I wanted to be in Wall Street. I joined the Goldman Sachs Associate program out of Harvard Business School and joined their fixed income group. I was an associate in that group specifically focusing

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Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 1)

Posted on Wednesday, Aug 12th

Chris had significant domain knowledge in the hedge fund industry. He has self-financed a successful company offering to secure virtualization services to the segment with high service levels. Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background? Chris

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