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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 $15 Million: David Braun, CEO of TemplateMonster (Part 4)
David Braun: Then the new threat to the business came into the scene. A lot of web designers started to fear that TemplateMonster will kill the custom web design market. They were saying, “You don’t have to use the template because it’s a bad practice. You’d better order the custom design service.” This was how
Building an Artificial Intelligence Software Company from Dallas: Dave Copps, CEO of Brainspace (Part 7)
Sramana Mitra: I wanted to ask you about location and where you’re building your team. Where is the bulk of the organisation? Dave Copps: We’re in Dallas, Texas. Sramana Mitra: Everything is in Dallas, Texas? Dave Copps: We do have satellite offices. We have people in San Francisco, DC, New York, and London. Sramana Mitra:
Bootstrapping to $15 Million: David Braun, CEO of TemplateMonster (Part 3)
Sramana Mitra: How did these people find you? David Braun: Basically, because of the forums. I was very active. Sramana Mitra: That’s awesome. David Braun: But you know what, out of this $70,000, $60,000 were fraud and our account was frozen because it was all from stolen credit card numbers. We had to shut down the processing.
Building an Artificial Intelligence Software Company from Dallas: Dave Copps, CEO of Brainspace (Part 6)
Sramana Mitra: Where are you now? Dave Copps: We are growing rapidly. In 2015, we grew 300%. I think it was our breakout year. We are already seeing that growth continue into this quarter. Sramana Mitra: What kind of range are we talking? Is this now a $10 million company or a $20 million company?
Bootstrapping to $15 Million: David Braun, CEO of TemplateMonster (Part 2)
Sramana Mitra: You were still in Ukraine? This is happening while you were still in Ukraine? David Braun: Yes, I was in Ukraine. I had shares in that, so I was a co-founder. He was finding the prospects while my job was to organise the production. During this seven months of completing the project, we recruited
Bootstrapping to $15 Million: David Braun, CEO of TemplateMonster (Part 1)
When you run a business over a long period of time, technology changes create massive challenges. David has navigated TemplateMonster in several of these. 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 circumstances? David Braun: I’m from Georgia
Building an Artificial Intelligence Software Company from Dallas: Dave Copps, CEO of Brainspace (Part 5)
Sramana Mitra: Can you succinctly explain what it is that you have that these large companies don’t have that enables you to win those accounts? Dave Copps: I’d say it’s two things. It’s our core technology and our user experience. We have built a technology that can learn dynamically without the use of any human intervention. Most
Building an Artificial Intelligence Software Company from Dallas: Dave Copps, CEO of Brainspace (Part 4)
Sramana Mitra: How big was the LexisNexis deal? Dave Copps: It ended up being a multi-year deal that paid us over $3 million. Sramana Mitra: That’s awesome. Dave Copps: For a startup, it’s amazing. Sramana Mitra: What about the early parts of this company? Obviously, you had made money from the previous company and you
