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Getting to Velocity: TeePublic Founder Adam Schwartz (Part 4)

Posted on Saturday, Aug 13th

Sramana Mitra: What was the structure of how you would do this buyout? What proposal was on the table and how did you do the financial engineering of this buyout? Adam Schwartz: It was somewhat complicated actually. In all honesty, my partner Josh orchestrated it because he was already at IAC. Effectively, IAC owed Josh

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Cross Border E-Commerce in Africa: Mall For Africa CEO Chris Folayan (Part 1)

Posted on Friday, Aug 12th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  We covered Mall for Africa some time back in TLEC. Here we trace their entrepreneurial journey. Sramana Mitra: Let’s go to the beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Chris Folayan: I’m from Nigeria.

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Getting to Velocity: TeePublic Founder Adam Schwartz (Part 3)

Posted on Friday, Aug 12th

Sramana Mitra: How did the company grow? How far did you get? Adam Schwartz: It’s a while ago now, so it’s hard to remember exactly. I worked on it from 2009 to 2011. We definitely had thousands of SKUs of textiles and we’ve had hundreds of suppliers and thousands of designers who were using this

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Getting to Velocity: TeePublic Founder Adam Schwartz (Part 2)

Posted on Thursday, Aug 11th

Adam Schwartz: While all this was happening, the woman I was working with had some interaction with that PR agency. After exhanging ideas, we came upon the pain point of being a sustainable fashion designer. There was a sustainable fashion movement. A lot of people in fashion wanted to make sustainable choices, but everything that came after making those

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A Serial Entrepreneur’s Journey: Wowza CEO David Stubenvoll (Part 7)

Posted on Wednesday, Aug 10th

Sramana Mitra: Where are you now? How big is this company? Where are you going from here? What does the market landscape look like? David Stubenvoll: We’re 115 people. We’re north of $20 million in revenue. We introduced a number of new products. Up until last year, all we sold was Wowza streaming engine. We

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Getting to Velocity: TeePublic Founder Adam Schwartz (Part 1)

Posted on Wednesday, Aug 10th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  In building a business, savvy entrepreneurs always look for that moment when the  business hits an inflection point, and you actually understand what levers are driving that growth. Adam’s story captures his long search for this coveted point and his eventual discovery. Sramana Mitra: Let’s start

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A Serial Entrepreneur’s Journey: Wowza CEO David Stubenvoll (Part 6)

Posted on Tuesday, Aug 9th

Sramana Mitra: At this point, your main customer acquisition strategy was through this newsletter and the community that you had gotten yourself into, or was there any other kind of customer acquisition strategy in swing at this point? David Stubenvoll: It was an email mailing list. It wasn’t a newsletter. We also attended trade shows.

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A Serial Entrepreneur’s Journey: Wowza CEO David Stubenvoll (Part 5)

Posted on Monday, Aug 8th

David Stubenvoll: What we found out was that a lot of people felt the same way about that media server product. People started to beg to buy our server. In August of 2006, we decided to turn this into a media server software company. That resulted in, what is today, Wowza Media Systems. Sramana Mitra:

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