Bootstrapping to Exit, Then Raise Money and Exit Again: Wendy CEO Lance Neuhauser (Part 3)

Sramana Mitra: The track that we have is bootstrapping using services, which your story also speaks to. Services companies bring in revenues very early and that helps a lot. So bootstrapping using services to exit is a wonderful track actually.

Bootstrapping to Exit, Then Raise Money and Exit Again: Wendy CEO Lance Neuhauser (Part 2)

Sramana Mitra: I assume that since it was a services company, you were able to bootstrap it, right? Lance Newhauser: Yes, it was a service company that we initially bootstrapped. We did bring on one investor who put a few thousand dollars into the company so that we could go get some office space and

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Bootstrapping to Exit, Then Raise Money and Exit Again: Wendy CEO Lance Neuhauser (Part 1)

Lance bootstrapped his first company to an exit. He venture funded his second company and exited after 10 years. He is about to launch his third. Read on, great story.

Bootstrapping Using Services from Pune: Mindbowser CEO Ayush Jain (Part 6)

Sramana Mitra: Can you give me an example of a Lego block that AI has enhanced? What was the Lego block and what did AI do to enhance that Lego block?

Bootstrapping Using Services from Pune: Mindbowser CEO Ayush Jain (Part 5)

Sramana Mitra: Take me to the inflection point where you hit upon the healthcare focus. What was the impetus for that? Ayush Jain: So that was actually around the time of COVID. Moving forward, we focused on making internal changes—hiring our own sales team, setting up foundations, and so on—because we were always striving for

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Bootstrapping Using Services from Pune: Mindbowser CEO Ayush Jain (Part 4)

Sramana Mitra: So, six to seven years of Upwork. What revenue level were you able to reach? How many people did you have in the company?

Bootstrapping Using Services from Pune: Mindbowser CEO Ayush Jain (Part 3)

Sramana Mitra: I can resonate with the time that you’re talking about. In the last ten years, I would say things have really progressed. But at that time, it was still a bit early, especially for these kind of ideas. EdTech is notoriously hard to sell. And schools are notoriously hard to sell to.

Bootstrapping Using Services from Pune: Mindbowser CEO Ayush Jain (Part 2)

Sramana Mitra: What was the startup that you were working on? Ayush Jain: At that time, I was working on launching a website focused on exchanging old and new books. The idea was for people to list their books online, similar to eBay, but specifically for books. Other people could then buy them. As a

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