Sramana Mitra: What do you do? Michael Sikorsky: I happened to be in New York. I was connected to lots of stuff around investing and crowdsourcing to venture capital. The iPhone comes out. I had that lightning bolt feeling when the Internet came out. Now, I’m a lot older. I’ve been through multiple companies. I even
Sramana Mitra: It sounds like around 2008, two relatively young entrepreneurs from Indiana sold the company for upwards of a couple of a million dollars and were starting another company. Cameron Weeks: We founded this company that we operate today back in 2007 as a side project. Someone who we had worked with in the
Sramana Mitra: What year did this acquisition happen? Gleb Budman: It happened in March 2000. Sramana Mitra: Good timing. What happens next? Gleb Budman: I worked there until it went out of business. It was going to get acquired by ComCast and I was on the team that was working to package the assets for sale.
Sramana Mitra: I got it. How many people did you have in the company that you were essentially renting out? Michael Sikorsky: It was very fast. It went from 0 to 65 people in nine months. Sramana Mitra: Then you sold the company to whom? Michael Sikorsky: To my business partner. It was almost like
It’s always thrilling for me to encounter entrepreneurs who are succeeding in off-center places, and Fathom Voice is a great example of one from Indiana. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background? Cameron Weeks: I
I keep harping on sustainable growth, not growth at all cost. Gleb tells the story of his company, built block by block with sustainability in focus. Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were you born, raised, and in what kind of background? Gleb Budman:
Sramana Mitra: Give me the chronology of it. You didn’t mention raising money at any of these points. Michael Sikorsky: I raised right away as I started the company. Sramana Mitra: In Alberta? Michael Sikorsky: Yes, in Alberta. I presented to 11 investors when I was 22. Just to tell you a neat story there, the
Sramana Mitra: This is a very common scenario in technologies trying to start their first ventures. They end up building technology, which essentially turns out to be a solution looking for a problem to solve. How did you maneuver out of that situation? Michael Sikorsky: As you’re in that situation, you can feel it but you