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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 2)

Posted on Tuesday, Feb 24th

Sramana Mitra: You joined the costume business in 2004? Tom Fallenstein: Yes, I was the only one doing it full-time. It was only a seasonal business up until 2002 and then I built a website to see if I could make it a full-time job. I was doing extra orders basically through college out of

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Concept-Financing $8.5 Million: Gaurav Rewari, CEO of Numerify (Part 1)

Posted on Monday, Feb 23rd

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Gaurav has deep domain expertise in the BI space, something he has leveraged to concept-finance a new venture to the tune of $8.5 million. Read how he is building the company, especially how he has positioned the company. Fast growth businesses only happen if you can

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Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 1)

Posted on Monday, Feb 23rd

Minnesota seems to be developing well as a hub for tech startups. With a strong culture of bootstrapping, we’re seeing a lot of entrepreneurs building high growth businesses. Sramana Mitra: Let’s start at the beginning of your personal journey. Tell me a bit about where you were born and raised and in what kind of

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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 1)

Posted on Monday, Feb 23rd

Tom has built a kick-ass e-commerce company out of rural Minnesota that he hopes to build up into a billion dollar business. Sramana Mitra: Let’s start with your personal journey. Where are you from? Where were you born and raised, in what kind of environment? Tom Fallenstein: I was born in Minnesota in a small

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Making Mass Customization Work: Jodie Fox, CEO of Shoes of Prey (Part 7)

Posted on Sunday, Feb 22nd

Sramana Mitra: On your website, I cannot get the shape of the boots. I don’t have the flexibility to be able to change the shape of the boots. You have a certain structure to the boots that you’re offering. You offered customization on the heels, leather, and colors but in terms of the shape of

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Raising Money From 75 Angels: Manmeet Singh, CEO of Dataguise (Part 7)

Posted on Sunday, Feb 22nd

Sramana Mitra: Are you selling direct? Are you selling through the channel? How are you going to market? Manmeet Singh: Since 2013, we have had a direct sale strategy. We have Compuware as a reseller. Our product is available to be downloaded from Hortonworks on Hadoop, which recently went public. People can download and play

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Founding Elance, then Webaroo: Beerud Sheth’s Entrepreneurial Journey (Part 7)

Posted on Sunday, Feb 22nd

Sramana Mitra: What apps are getting you in the door at the enterprises? Beerud Sheth: I think sales usually is the biggest because these are decentralized teams. Real-time information has a huge impact on sales performance. If they are behind target, they can react to it in real-time. Sramana Mitra; Who’s buying in the sales

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Making Mass Customization Work: Jodie Fox, CEO of Shoes of Prey (Part 6)

Posted on Saturday, Feb 21st

Sramana Mitra: The seed round was mid-2012. Then two years later, you raised what you’re now calling Series A – the $5.5 million. Jodie Fox: Yes, we did do bridge rounds in between. In November 2013, we raised $1.75 million. Sramana Mitra: What else is interesting in your story that is worth highlighting in the

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