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Bootstrapping a Fun Social Business: Paint Nite CEO Dan Hermann (Part 4)

Posted on Saturday, Aug 2nd

Sramana Mitra: How many people showed up? Dan Hermann: We essentially got our friends and family to attend. We were gauging their reactions. Both of us wanted to dip our toes into the business. We had intentionally chosen a business that we thought we could try without having to spend a ton of money. The other thing

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Disrupting Cloud-Based Recruiting: SmartRecruiters CEO Jerome Ternynck (Part 4)

Posted on Saturday, Aug 2nd

Sramana: Up to the point that you launched the professional version, how were you generating revenue? Jerome Ternynck: One of the advantages of SmartRecruiters is that in the workspace we have a store where customers can spend their recruiting budget. In that store you can buy services such as advertising job postings which can include

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Thought Leaders in Online Education: Peter Hirst, Executive Director of Executive Education, MIT Sloan School of Management (Part 5)

Posted on Friday, Aug 1st

Sramana Mitra: That’s a big value proposition that is still part of society. When we were in university and college, there were certain social relationships that formed that ended up being valuable social relationships. A lot of people’s closest friendships get formed earlier in life and a lot of it is college friendships. These are

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Bootstrapping a Fun Social Business: Paint Nite CEO Dan Hermann (Part 3)

Posted on Friday, Aug 1st

Sramana Mitra: When people show up for the class, what are they buying? When they’re buying tickets to attend these events, are they buying for just the class or the drinks as well? Dan Hermann: They’re buying a ticket to attend a class. We like to call it an event rather than a class. We

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Disrupting Cloud-Based Recruiting: SmartRecruiters CEO Jerome Ternynck (Part 3)

Posted on Friday, Aug 1st

Sramana: What did you do after you sold your company? Jerome Ternynck: I moved to San Francisco because being an entrepreneur in Europe is harder than it needs to be. If you are going to try and solve a big global problem you need to do it from the US or from an area where

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Thought Leaders in Online Education: Peter Hirst, Executive Director of Executive Education, MIT Sloan School of Management (Part 4)

Posted on Thursday, Jul 31st

Sramana Mitra: The simple thing is if you give things for free, people just click on it and then move on. If they pay for it, there’s a lot more commitment. Peter Hirst: Low completion rate isn’t necessarily something that should be critical in relation to MOOCs, exactly because of what you said. People can

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Bootstrapping a Fun Social Business: Paint Nite CEO Dan Hermann (Part 2)

Posted on Thursday, Jul 31st

Dan Hermann: We attended a friend’s birthday party, which was at this painting studio where they were serving beer and wine. Both he and I recognized very quickly that there was a lot of power to the concept, which had a lot of visual implications. We could tell that it was just very social media

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Disrupting Cloud-Based Recruiting: SmartRecruiters CEO Jerome Ternynck (Part 2)

Posted on Thursday, Jul 31st

Sramana: Why did you move to the Czech Republic? Jerome Ternynck: I went there for the market opportunities. France didn’t, and still doesn’t, offer good opportunities for entrepreneurs. There is not much growth there. I went to a market and positioned myself in a market where I can show growth and opportunity.