Hero banner

categories

HOT TOPICS

Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 2)

Posted on Tuesday, Apr 11th

Sramana Mitra: What year are we in now? Vaclav Muchna: That was 2000. It was a month after my 20th birthday. We started the company together. We really didn’t have any vision, we just wanted to be rich and famous. We wanted to succeed and we had no idea how. We had no education. We

Read Full Article »

Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 2)

Posted on Tuesday, Apr 11th

Sramana Mitra: How long did you stay at Oracle? Nilay Banker: I was at Oracle for 10 years. On the first day of my 11th year, I decided it was enough. I had a lot of fun. I actually had a great opportunity to work with Larry Ellison for an extended period of time. At

Read Full Article »

Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 1)

Posted on Monday, Apr 10th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  We’ve shared many Bootstrapping Using Services case studies with you here, as well as in the book on that topic. This one is particularly interesting because of the absolutely awesome business model that Nilay and his team have implemented. Read on! Sramana Mitra: Let’s go to

Read Full Article »

Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 1)

Posted on Monday, Apr 10th

This is a wonderful story of a Czech entrepreneur, who at 22, at a time when his country was far from ready to support entrepreneurs, struggled through immense odds and has built a global business. Read on for inspiration and excellent lessons from the trenches. Sramana Mitra: Let’s start at the very beginning of your

Read Full Article »

Surviving Near-Death Experiences and Going Public in London: Michael Hughes, co-CEO of LoopUp (Part 7)

Posted on Sunday, Apr 9th

Sramana Mitra: Where are you now? What are the metrics of 2016? Michael Hughes: We went public in the summer of 2016 on the London Stock Exchange. Our revenue for 2016 is about £12.8 million. We will actually be releasing our 2016 results in a couple of weeks. We have to do an announcement that

Read Full Article »

Surviving Near-Death Experiences and Going Public in London: Michael Hughes, co-CEO of LoopUp (Part 6)

Posted on Saturday, Apr 8th

Sramana Mitra: Explain the business model a bit. Secondly, describe the competitive landscape. Who or what are you competing against and how? Michael Hughes: We built up all these systems because we didn’t have any money and it was all we could do. The business model that we followed is very much the same business

Read Full Article »

Surviving Near-Death Experiences and Going Public in London: Michael Hughes, co-CEO of LoopUp (Part 5)

Posted on Friday, Apr 7th

Sramana Mitra: This journey of getting to profitability happened on a total of about $2.5 million? Michael Hughes: All in all, it was a little bit more than that. It would probably be about $4 million. I would need to go and check. Sramana Mitra: Now we are in 2010? Michael Hughes: Yes. We’ve got

Read Full Article »

Surviving Near-Death Experiences and Going Public in London: Michael Hughes, co-CEO of LoopUp (Part 4)

Posted on Thursday, Apr 6th

Sramana Mitra: Timeline-wise, from when you started with the initial investment and went through these pivots, how much time has passed? Michael Hughes: We started in 2003. We realized we were running out of time in late 2005. We pivoted in 2006. We started selling with this Blackberry bit. We had very strong growth in

Read Full Article »