If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Serial entrepreneur Karl Mehta is applying consumer education models from MOOCs and such to the world of corporate training. Very interesting spin on online learning. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised,
Sramana Mitra: What happens next? Daniel Nathan: My first company was not going to copy the technology I was building. They were not going to buy on CPM. On the other side, my company was not going to go to direct advertisers. The issue was that advertisers wanted to work with us directly because they
Sramana Mitra: Listening to you and the story, you’ve already hit your stride. You’re growing at 60% year over year. You’ve got internally generated cash. If I were you, I would probably not take external financing. How does this company become a billion dollar company? That question is not clear. On the other hand, you
Sramana Mitra: What did this company do? Daniel Nathan: Groupon for video games. I went there for the summer. I said, “We’re going to become an incubator and build multiple companies around video games.” I said, “I’m going to build a mobile ad network specialized in video games.” We started with three people in 2012.
Sramana Mitra: How many of those customers do you have? Is that a much larger customer base? Demitri Memos: In total, we have just over 4,000 paying customers. Sramana Mitra: There is a lot of SMBs that need to track and that includes all kinds of smaller operators. Demitri Memos: There is also service providers
Daniel Nathan: After I studied Finance, I tried working in Finance. I did six months internship as an M&A Consultant in Deloitte. I really hated it. I was going to the restroom four times a day to sleep half an hour. They gave me a contract to work full time. I said, “I think I’m
Sramana Mitra: So the company was registered in London but you were still operating out of Greece? Demitri Memos: Right. Ironically, the decision at that point was to register a company in London for stability and better access to the markets. Next year, my partner will be moving to the UK. He’s leading the sales
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Europe is imploding. Entrepreneurs are its only hope. Daniel Nathan is building a really cool company based in Paris. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Daniel