If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. We’re big believers in Bootstrapping Using Services, as you know. Here’s yet another story of an entrepreneur who has scaled to over $10 million in revenue using the method. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Dan Stewart is a 1M1M entrepreneur. Read how he has navigated his way to an inflection point that has brought him to the cusp of 4x growth in 2017. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were
Sramana Mitra: Help me understand with a use case. Let’s say Uber wants to go global using your technology, what specifically happens? How does the technology help Uber go global? Moshe Vaknin: Let’s say Uber goes to India. Then they’d say, “I’d like to have 300,000 users in the next six months.” With our technology
Moshe Vaknin: In the beginning of 2013, we did a shift. We decided that we wanted to focus on B2B. We didn’t change the core but rather than having an app, we said, “Let’s get to publishers who have a lot of users. Through their content, we’ll recommend to users.” Earlier, the dream was to build my
Sramana Mitra: That brings us to 2012? Moshe Vaknin: Yes, to the end of 2011. Then in 2012, I’m still in mobile. I knew that mobile apps is going to be a big market. I knew mobile apps were going to be a part of our lives. It was not easy at that time. I remember
Sramana Mitra: What was the next move? Moshe Vaknin: I co-founded a company called CheckM8. I did like the world of the Internet and I didn’t want to move away from that. I wanted to stay in that field. I realized that I know the ecosystem. We built a rich media platform. When everybody was doing
Sramana Mitra: You stayed for seven years at Bell Labs until 1997. What happens after that? Moshe Vaknin: After Bell Labs, I decided to move back to Israel. During that time, I got married and had two kids. I applied for a job in Israel. I was employed by a company called VOCAL Tech, which is
Sramana Mitra: What about financing? You talked about your early financing. Talk about the rest of the financing history of the company. Ben Dilts: It was in early 2011 that we raised a little over $1 million. We rolled that early friends and family money into that same round. That kept us rolling for a while.