categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Bootstrapping to $27 Million from Arizona: Jeremy Young, CEO of Tanga (Part 3)
Sramana Mitra: What was the premise of that partnership? Jeremy Young: Windows95.com was owned by Steve Jenkins. He was my partner in Virtual Servers. He pushed traffic from Windows95 to my company. He basically had advertisements for the web hosting product on his website. Sramana Mitra: How big did the company grow to be? Jeremy
Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 4)
Sramana Mitra: What happens next? Nick Hedges: I joined the company because I was really interested in the data that they were collecting and the flexibility of the platform that they had built. Essentially, they were collecting closed-loop data so these are data from the point that the lead was created to the point that they converted
Bootstrapping to $27 Million from Arizona: Jeremy Young, CEO of Tanga (Part 2)
Jeremy Young: I was teaching HTML at the university at that time. There was a guy in my class, Steve Jenkins, who registered the domain name windows95.com before Microsoft was even thinking about the Internet. If you remember, Windows didn’t even have the web browser in their launch edition of Windows 95. He was building a website
Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 3)
Nick Hedges: The company was founded by Jeff Solomon who was running a software development company in Los Angeles. He had several clients who were in the mortgage industry, and they were asking him for a system that allowed them to be more efficient on how they manage the leads that they were purchasing from companies. He
Bootstrapping to $27 Million from Arizona: Jeremy Young, CEO of Tanga (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. This is a wonderful story of a serial bootstrapper who has built a wonderful e-commerce business similar to Groupon, but with no outside money. Sramana Mitra: Let’s got back to the very beginning of your journey. Where are you from? Where were you born, raised, and
Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 2)
Sramana Mitra: How did eteatrade go? Nick Hedges: It went well. We ended up transacting about $2 million a month. The net margins were pretty small. Ultimately, we sold it into one of Nick’s businesses that ran his tea and coffee estates. I didn’t want to be a part of a bigger entity, so I
Bootstrapping a Niche E-Commerce Business to Exit: Dara Greaney, CEO of BuyAutoParts.com (Part 6)
Sramana Mitra: At the end of 2015, where did you finish in terms of revenue level and in terms of other business metrics? Dara Greaney: Last year, we did $54 million. That was 15% growth. We’ve been profitable every year. We shipped a record 220,000 shipments last year. I think we sold about 22,000 different
Building a High Growth SaaS Company from Los Angeles: Nick Hedges, CEO of Velocify (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. This story illustrates a couple of interesting strategic moves that have resulted in growth acceleration for Velocify. These kinds of strategic moves are critical to the evolution of a business. Sramana Mitra: Let’s go back to the very beginning of your story. Where are you from?