SM: Can you deposit into the cell phone account? CR: You can’t do that and nobody has asked us for that. Behind the scenes the money is always in a bank. When I send you money you as the user have to make a decision. Do you want to keep the money on the phone
SM: You were able to recognize this as a rudimentary structure which could support banking … CR: Exactly. I just said, “Wow, there you have it! If we could just generalize the value being put into all of those phones we would have a banking system!” That type of banking system could reach places like
SM: Can you give us more detail about what Search For Common Ground does? CR: Their work is divided into grass roots community work where they help build capacity for peace at the community level. They also do media work and have radio and TV shows. Their content is to help communities communicate and increase
SM: As you look back on your career, do you feel your decisions were strategic, planned decisions? CR: It might have been! I remember my first day at work. I walked into this big building and I was 1 of 2 women technical engineers. Women were just entering the technical workforce back then. I was
What do you do when you have had a wildly successful career and are happily retired? If you are Carol Realini you spend some time doing global humanitarian work and then you start a new business venture! Carol, CEO and founder of Obopay, has found not only a second career but also a potential opportunity
SM: Are your sales initially going to be direct? MT: Initially yes. I really believe that is the only way to do it initially, and probably the best way overall. I will mention that we have had a lot of partner interest so I am not throwing that option out the door. If you think
SM: When you started the company you identified the problem. After that what was the evolution of building the company? MT: Let’s talk about the customer validation part because that was in the beginning. We built a proof of concept, and while we were building it we went out and hired a third party storage
SM: You are not alone in the market, but I think you are going after a niche which has been ignored somewhat. MT: Yes. We mentioned earlier the WAN concepts, where people are compressing the data because of the narrow pipes. Companies have done it for backup solutions as well. That is a huge sub-category