Sramana: You are still quite young and you are managing people who are a lot older than you. How does that dynamic play out here? Jaspreet Singh: I have found that I have to constantly evolve. When I got funded I asked a VC how long I should be CEO of the company. He told
Sramana: Did you have members of your board with you in the US helping you build your team? Jaspreet Singh: None of my founders of board members were in the US. I was alone and I struggled hiring my first team. In the Bay area getting a team together is a struggle. In India getting
Sramana: As a first time entrepreneur this is your first time heading up an enterprise software company. What has been your personal evolution and education from this process? Jaspreet Singh: I have learned a lot. I still remember the day that Milind asked me to join him as an engineer in his startup. I talked
Sramana: Financing in India has become a little bit easier. One of our 1M/1M companies managed to raise their first million from a VC. We worked with them during the bootstrapped phase. Our advice was to get to the point where they had paying customers. They sell to small businesses, so it’s not like they
Sramana: How big is endpoint backup and recovery in the commercial space? Jaspreet Singh: It is a $650 million market, according Gartner. It is growing 10% year on year. The largest shareholder is HP, which has $250 million in revenue, but their product is 13 years old and has declining revenue. The market was ripe
Sramana: How did your journey evolve from Ensim to being a founding member of Druva? Jaspreet Singh: While I was working on some of the open source projects, I met my co-founder, Milind. He was at Veritas and he convinced me to apply at Veritas. He told me that if I passed the criteria, I
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. [This interview is featured in my Entrepreneur Journeys book, Seed India – How To Navigate The Seed Capital Gap in India] Jaspreet is a co-founder and CEO of Druva. An entrepreneur at heart, he bootstrapped the company while defining the product, sales and marketing strategies that
Sramana: Are there other companies similar to yours that you compete with directly? Dan Dillon: There are a lot of national players who are behind the scenes. An average consumer would not know about them, but they are doing stuff every day with larger accounts. They are calling on steel mills, medical buildings, and hospitals.