Sramana: You did not take a term sheet to start MaxInfo. How did you finance the company? Daniel Putterman: I bootstrapped. I used credit card debt, I borrowed money from friends and family, I did consulting and converted those revenues back into financing for the company. I carried almost 30 people on payroll for a
The next FREE online strategy roundtable will highlight entrepreneurs from the Mountain States region of the U.S., although all entrepreneurs with questions pertaining to their start-up ventures are welcome to pitch their businesses or attend on Thursday, April 28, 2011, starting at: 9 a.m. MDT/8 a.m. PDT/8:30 p.m. IST. You can find more details here
After hosting three live roundtables and being on stage for six to seven hours a day, I have almost lost my voice. At this week’s roundtable, we worked with just two entrepreneurs and then spent the rest of the time on Q&A, which in itself was interesting. Evolutech Networks First up, Satya Choppadhandi from Bangalore,
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Daniel Putterman is the president and CEO of Cloud Engines. Prior to his current position he founded Mediabolic in 1999 and served as CEO until its sale to Macrovision (now Rovi) in 2007. Additionally, he founded MaxInfo, the first collaborative Web media design software for the
On April 17, I was in Pune for a 1M/1M live event. Pune has become a hotbed of product entrepreneurship in India, and I was curious to see what kinds of ventures are cooking there. Well, Persistent Systems and IncuCapital hosted a highly interactive and engaging session. Here are the companies that pitched at the
In case you missed it, here is the recording. You can choose the business you like best of those presented through a poll on our 1M/1M Facebook page.
On April 16, I was in Mumbai doing a live 1M/1M event with TiE Mumbai and Indian Angel Network (IAN). While in Mumbai, I also finalized a deeper partnership with IAN, which I will discuss later in this post. I presented my usual 1M/1M perspective on bootstrapping. After the event, I received an e-mail from
If you know an entrepreneur who could benefit from pitching and discussing their business with Sramana Mitra, please let them know I have a few last minute openings to pitch during tomorrow’s roundtable. Instructions for pulling together a few simple slides can be found here. Anyone interested can contact me at maureen@sramanamitra.com. Thanks!