Sramana Mitra: Each of you had worked on this travel startup before, and you had sold this startup. You got a little bit of money and were willing to put some of that money into starting something else as a collective group. Steve Yi: That’s exactly right. You said it much better and succinctly than
Sramana Mitra: What could you do that IBM couldn’t do? Felix Van de Maele: That goes back to the original story. The authenticity there is in focusing on business people. We always focus on business people. The product is very easy to use, collaborative, and social. We adopted some concepts from Wiki. The user interface
Sramana Mitra: What did you start next? Steve Yi: I next started a travel advertising company. After I left, it took about a year to iterate. I knew I wanted to have my own company again. I iterated on different ideas and different consulting projects. I, finally, got connected with a couple of people who I
Sramana Mitra: Why did your current VP of Sales join your company? What was it in your company or in what you told him that convinced him to join your company? Felix Van de Maele: I think that’s a really good question. We were very early. We had no revenues. We had no customers. He thought strategically
,Sramana Mitra: How did you go about starting it? Felix Van de Maele: I did my Master’s thesis in data integration, which is a well-known problem. I wrote a one-pager saying what I wanted to do. We wanted to raise a seed round and build the product. We were going to do $50 million in
Sramana Mitra: Do you want to quickly summarize what you attempted in the last two startups? Steve Yi: My first startup, which was in 2004, was a customizable search toolbar platform that any publisher or website can customize and distribute to their users. The second company was a travel advertising site. It was essentially just
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Many entrepreneurs are starting companies elsewhere and then coming to the US to scale. Collibra has scaled to $20 million. Learn how. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what
Sramana Mitra: What’s on the cards now? Neil Araujo: We’re about 300 employees. We don’t disclose our top-line revenue as a private company so I’d rather stay away from that. First of all, there’s some extremely fascinating things that are happening in the tech space whether it’s in academic research or analytics and Big Data,