SM: What else should we be talking about in your story? GC: We now have 17 employees. We moved to a new office. We used to be in a basement in Palo Alto, and now we are in San Mateo.
SM: Can you give me an example of an application Veodia is supporting? GC: We built a plug-in for Clearspace that allows you to record a video from within Clearspace. Any employee can create video and share it internally with other employees, as well as sharing or receiving videos from clients.
SM: Did you have any VCs talking to you, or just the angels? GC: At the time I took the money from the angels, I had some offers from VCs. We ended up going with the angels as it allowed us to build more value and wait to raise VC money under better terms. Angels
SM: How big did Envivio become, and what was your evolution with them? GC: I stayed with them for five years. They now have 120 employees; when I joined there were 15. At some point they were involved in too many markets and they had to focus.
Guillaume Cohen is the founder and CEO of Veodia, an SaaS streaming video service. Before founding Veodia, Guillaume was head of enterprise business at Envivio. He led the founding of the Enterprise Work Group at the Internet Streaming Media Alliance (ISMA) and is a regular speaker at conferences. Here he shares his entrepreneurial journey with
SM: Outside of the US hydropower is viewed in a positive light. Here it has a stigma. Why is this? WK: I think there have been a number of large lawsuits brought by the environmental community over the years that the government has lost. They have dealt with the health of the ecosystem, and the Endangered
SM: How many people did you have helping you out on this? WK: It was just me. Towards the end of 2007 and in early 2008 I was out of funding and running on fumes. As we progressed into 2008 I was approached by Mike Draper about what we were doing.
SM: What did you do when you got the patent in October of 2005? WK: I kissed it! I then put it in the bank vault.