Sramana: Let’s talk about oil and gas as an industry and how it consumes IT. You have talked about the application you are now taking to this industry. What other use cases can you see in that space? Gaurav Khandelwal: First of all, it is very difficult to get into these companies. The older workforce
John Keagy: There’s a famous sociologist at my college called Harry Edwards. Harry Edwards was the first guy to say that professional athletes are not role models. Charles Barkley was the first professional athlete to implore kids, especially inter-city youths, to not see him as their role model. He said, “Don’t try to make your
Sramana: Are you still a services company or have you developed a product now? Gaurav Khandelwal: We have 55 developers in Houston. We did develop products over the years. Only one product is still active among the products that we have produced in the past four years. Last year, we felt we had learned our
Sramana Mitra: This is a behavior that we see in people who are playing with their own money as opposed to other people’s money. It can be easier to be very cavalier and generous with spending other people’s money. When it comes to your own money, you’re a lot more careful. John Keagy: Not just
Sramana: When did you start hiring people? What year? Gaurav Khandelwal: I hired the first three in February of 2010. That year, we hired 22 people, all in Houston. Sramana: Where you at in terms of revenue in 2010? Gaurav Khandelwal: In 2009, we doubled our revenue from 2008, and in 2010, we tripled our
Sramana Mitra: GoGrid is 100% financed by you? John Keagy: That’s right. Sramana Mitra: Tell us more about how you go about building GoGrid. What can people learn from your journey of building the company assuming that we’re taking the issue of financing off the table in this particular case because you have not raised
Sramana Mitra: What you have today is a product and a business model that is just starting to come into the market? This business model is not generating $5 million in revenue? Benoît l’Archevêque: If you only consider Azzimov, no. But if you consider the whole entity, yes. Sramana Mitra: You’re basically trying to turn
Sramana: Who were you going after in terms of clientele? Gaurav Khandelwal: In the beginning, I was going after companies that had an appetite for innovation. Primarily, they were small and medium businesses. I often ran into entrepreneurs who were looking to build their ideas into the next big thing. This was happening in 2008