Sramana Mitra: Let’s talk about from the point of view of building this company. You said the company started in 2009? Olivier Hua: The company started in 2007. Sramana Mitra: At that point, the product was the thermometer? Olivier Hua: Correct. Sramana Mitra: How long did the company function in that one product mode and
Sramana Mitra: What year is that? Paula Tompkins: 1985. Sramana Mitra: Tell us a bit about the idea and how you came up with it. Paula Tompkins: As I mentioned, the idea was that personal computers were gaining popularity. In 1985, there were about 10 million personal computers. There was the Macintosh, which had just
Sramana Mitra: How do you go to market? Are these sold as consumer devices? Are they sold as devices to doctor’s offices? How is the go-to market strategy structured? Olivier Hua: Initially, our products were sold through pharmacies. Sramana Mitra: A thermometer being sold through a pharmacy makes sense, but you’re talking about ECGs and
Sramana Mitra: What was the startup in 1981 and what was the environment in which that startup was coming together? Paula Tompkins: It was a very interesting time, around the birth of the personal computer. Adam Osborne had introduced his luggable computer. It was a CPM machine. The man that I went to work for
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Connected Medical Devices is an emerging trend in Healthcare. Read on to see how a company from France has been navigating and pushing that trend. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Paula Tompkins started her bootstrapped digital marketing venture in 1985. She has navigated massive industry level shifts, three significant downturns, and has managed to remain relevant. The company today does $20M+ in annual revenue. Sramana Mitra: Let’s start at the very beginning of your journey. Where
Sramana Mitra: How did you find your investors? Manick Bhan: Most of the investors that we were connected to came through our networks. Along the way, we went to various events. I don’t recommend going to all of the tech events, but sometimes, some of them are good. You know which ones are good because
Sramana Mitra: What happens next? Manick Bhan: We figured out how to rub these two stones together and kept building up this small fire. We were doing maybe $50,000 in sales a month and slowly growing. By the end of the year, we had hit $1 million ARR (Annual Revenue Rate). In that process, we