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- The Accelerator Conundrum
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datastax
Last Week to Apply for the DataStax – 1Mby1M Startup Challenge
One Million by One Million (1Mby1M) is the first global virtual accelerator, headquartered in Silicon Valley. 1Mby1M aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue. Check out The DataStax – 1Mby1M Startup Challenge. Watch – Learn — APPLY – Submit Your Application by October 28, 2021. To experience the One Million
Are You Bootstrapping a Product Using Services?
At 1Mby1M, we’re big fans of bootstrapping products using services. If you have good services customers, you may be in a great spot to build a higher growth product business leveraging that foundation. The One Million by One Million (1Mby1M) virtual accelerator offers a core methodology for doing this. Interested? Apply to win a one-year
8 Validated Enterprise Software Startup Ideas for the DataStax-1Mby1M Challenge
The DataStax-1Mby1M Fall 2021 Startup Challenge launched on September 9th. Here is the kick-off video with Chet Kapoor, CEO of DataStax, Ed Anuff, Chief Product Officer of DataStax discussing the program with me. DataStax has significant enterprise customers that are using their Apache Cassandra-based database products to solve real world problems. They are putting these
Building an Open Source Software Company Around Cassandra, Seed-Funded by RackSpace: Jonathan Ellis and Matt Pfeil, Founders of DataStax (Part 7)
Sramana Mitra: What would you say are the key milestones that you have accomplished, based on almost four years of being in business? Matt Pfeil: From my perspective, I think that open source as a business is really hard because you create something as an open source project that you don’t own. You throw up
Building an Open Source Software Company Around Cassandra, Seed-Funded by RackSpace: Jonathan Ellis and Matt Pfeil, Founders of DataStax (Part 6)
Sramana Mitra: Tell me more about what happened with that money? What were the Series B milestones? What were you able to accomplish? How did the product come together? Jonathan Ellis: When we were pitching Series B, we had the blueprint of what we wanted to build for DataStax Enterprise. We knew that we wanted
Building an Open Source Software Company Around Cassandra, Seed-Funded by RackSpace: Jonathan Ellis and Matt Pfeil, Founders of DataStax (Part 5)
Sramana Mitra: Can you talk about the business model from that time? What were you charging? What were the deal sizes and so forth? Jonathan Ellis: When we were first starting the company, we had a potential $80,000 deal. I told Matt, “You know if we can get a few deals like this, we might
Building an Open Source Software Company Around Cassandra, Seed-Funded by RackSpace: Jonathan Ellis and Matt Pfeil, Founders of DataStax (Part 4)
Sramana Mitra: Let’s come back to the pitch to Lightspeed based on which you raised your Series A. How did you evolve from there? How did you build the business? Matt Pfeil: We built out an engineering team for both the core open source project as well as continued to evolve OpsCenter. For practical purposes,
Building an Open Source Software Company Around Cassandra, Seed-Funded by RackSpace: Jonathan Ellis and Matt Pfeil, Founders of DataStax (Part 3)
Sramana Mitra: Had you already moved to Silicon Valley before raising the money? This is another key question that a lot of entrepreneurs are wrestling with and making decisions on. Jonathan Ellis: Yes. It actually wasn’t an explicit condition of the funding and we actually took another 3 months or so before moving the headquarters.
