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HOT TOPICS
- 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
Bootstrap First, Raise Money Later from Utah: HireVue CEO Mark Newman (Part 1)
True to our 1M/1M mantra, Mark bootstrapped HireVue to $1M in revenue before raising the first funding. Today, the company has raised a total of $92 million, and is going $30 million in revenue. Excellent case study to study! Sramana Mitra: Let’s go to the very beginning of your story. Tell us where you’re from,
Bootstrapping to $100 Million: Vacasa Co-Founder Cliff Johnson (Part 3)
Sramana Mitra: Let’s go back to the beginning. In maybe 2010, how did you get the business off the ground? Did you guys use your own funds? How did you launch the company? Cliff Johnson: We started with funds that Eric had saved in order to launch the business. We started with a relatively modest
Bootstrapping to $100 Million: Edifecs CEO Sunny Singh (Part 4)
Sramana Mitra: While it wasn’t a small company, it wasn’t one of the major companies – SAP or Oracle. Sunny Singh: That’s right. Sramana Mitra: What were the contract sizes of the projects you were doing? Sunny Singh: Under $2,000. They were all between $500 and $2,000. It depends how many seats they buy. If
Building a Marketing Software Company from Utah: Convirza CEO Jason Wells (Part 7)
Sramana Mitra: They should and they do, but from a software design point of view, you have to keep in mind that they’re two different departments. You can’t assume that the user and user interface are going to be exactly the same. Jason Wells: We learned that over the next couple of years as we
Bootstrapping to $100 Million: Vacasa Co-Founder Cliff Johnson (Part 2)
Cliff Johnson: After law school, I ended up working at a tax firm in Colorado and gained a lot of experience there. I worked with a lot of small businesses and mid-sized businesses, which was very invigorating for me. I was interested in tax law but I was always more interested in their business story
Bootstrapping to $100 Million: Edifecs CEO Sunny Singh (Part 3)
Sramana Mitra: What did you start with? Were you bootstrapping the company? Sunny Singh: Yes, I took about 18 to 20 credit cards. That was seed money for Edifecs. I had no concept of VCs. I was not business savvy. That was how Edifecs got started. I’ve never run a business before. Sramana Mitra: How
Building a Marketing Software Company from Utah: Convirza CEO Jason Wells (Part 6)
Sramana Mitra: $3 million was raised from whom? Jason Wells: They are a private investment group out of New York. They’re not a traditional venture capital firm. They’re more of a Warren Buffet type of an organization, which makes about one or two investments a year in public companies. They didn’t have a portfolio for
Bootstrapping to $100 Million: Vacasa Co-Founder Cliff Johnson (Part 1)
Vacasa has bootstrapped to scale in the crowded vacation rental space. Read how! Sramana Mitra: Let’s start with the very beginning of your journey. Where were you born, raised, and in what kind of background? Cliff Johnson: I actually have a fairly unique background, at least for the US anyway. I was born in New