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HOT TOPICS
- The Accelerator Conundrum
- 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
Parallel Entrepreneurship: Serguei Beloussov, Founder of Parallels (Part 5)
Sramana: When you established an ERP software company [for] Asia, what size of clients did you target? Serguei Beloussov: We sold to companies of all sizes. We also established a partner network. We got involved into customization for localized requirements. At the same time I established a side project where we developed, from scratch, a
Parallel Entrepreneurship: Serguei Beloussov, Founder of Parallels (Part 4)
Sramana: It sounds like you started a series of smaller companies across the IT space, a lot of them at the same time or very close to each other. It also sounds like a lot of these companies were established as a matter of circumstance rather than detailed planning. Is that a fair assessment? Serguei
Parallel Entrepreneurship: Serguei Beloussov, Founder of Parallels (Part 3)
Sramana: What did you do after spending a summer in the remote regions of Russia selling various goods? Serguei Beloussov: When I returned to Moscow, I occupied a small room in an office space that my friends gave me. I had done some computer networking and telephone network installations for them, and in exchange they
Parallel Entrepreneurship: Serguei Beloussov, Founder of Parallels (Part 2)
Sramana: When you finished your education, what were your next steps? Did you stay in Russia? Serguei Beloussov: I actually did not finish that program in a normal way. I completed four years and was on my summer break when, in June and July of 1992, I went through some serious events that resulted in
Parallel Entrepreneurship: Serguei Beloussov, Founder of Parallels (Part 1)
Serguei is a founder Parallels, where he serves as the chief architect and the executive chairman of the board. Prior to his current positions he also served as the CEO of Parallels. Under Beloussov’s leadership, Parallels grew to profitability and became a market leader in desktop virtualization, OS containers, and control panel offerings. Beloussov holds
Building a $50M Profitable Social Network Focused on Discovery: Greg Tseng, CEO of Tagged (Part 7)
Sramana: I like your financing structure and the fact that you are using venture debt. The venture requirements and exits are not so outlandish. If you raise $50 million or $60 million dollars, then the exit requirements are commensurately higher. A $12 million investment is a much more manageable situation. Greg Tseng: I have always
Building a $50M Profitable Social Network Focused on Discovery: Greg Tseng, CEO of Tagged (Part 6)
Sramana: Where are you at in terms of revenue? Greg Tseng: We did $43 million in revenue last year. We are currently on a $50 million run rate. Sramana: What are the levers in the business at the moment? Greg Tseng: At the highest level, it is growth in the registered user base. Based on
Building a $50M Profitable Social Network Focused on Discovery: Greg Tseng, CEO of Tagged (Part 5)
Sramana: Do you facilitate discovery across regions, or do you make recommendations within the same region? Greg Tseng: We do both. Geography is one of many factors. It is possible to have a really great connection in other factors that do not include geography, and we do see a number of cross-regional connections happening. Sramana: