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HOT TOPICS
- 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
Serial Entrepreneur Zack Rinat on Model N (Part 4)
SM: What was the price range of the NetDynamics acquisition, and when did it occur? ZR: We signed the deal on July 1st, 1998 and we closed the deal on September 1st, 1998. It was a stock swap and some cash. It was about $180M in value. SM: For that time it was a good
Serial Entrepreneur Zack Rinat on Model N (Part 3)
SM: Starting a company with one idea and then executing a business plan with another is common in startups. What specifically happened at NetDynamics? ZR: When we started the company it was all about the development of web based applications. In a very short period of time, I realized it was not about development, rather
Serial Entrepreneur Zack Rinat on Model N (Part 2)
SM: How does a guy from manufacturing, operations and marketing start NetDynamics? That is a highly technical project. ZR: But I came from computer science, remember? And with a highly technical background in terms of technology and software. My heart has always been with technology. SM: What did you see around you at the time
Serial Entrepreneur Zack Rinat on Model N (Part 1)
Zack Rinat is currently CEO and founder of Model N. He was a member of the 1995 founding team of NetDynamics. SM: Let’s start by going over where you grew up, where you were educated, and your early background. ZR: I am an Israeli, born and raised in Israel. Like every Israeli I had to
Making SMEs Run Smoothly: René Lacerte’s Cashview (Part 11)
SM: You have a different business model which I think makes it OK to do it this way anyways. RL: Yes, SaaS businesses tend to be a bit capital intensive. People tend to forget that. I think they are great businesses and the business model is really strong. In some cases, you can get something
Making SMEs Run Smoothly: René Lacerte’s Cashview (Part 10)
SM: I think you are being very smart with your hiring. Executives cost money, unless they are founding executives and are willing to work for equity. RL: They cost money, that’s for sure. When I look at all of the businesses my family has started, everyone else has had the money in their back pocket
Making SMEs Run Smoothly: René Lacerte’s Cashview (Part 9)
SM: Any other takeaways you would like to share? RL: I think getting the team right is really important. SM: Do you have an executive team in place now? RL: I hired a woman early on to be the VP of Operations and Customer Service. She is from PayPal and worked on payments. She had
Making SMEs Run Smoothly: René Lacerte’s Cashview (Part 8)
SM: To date, you have primarily been building the product. How do you feel about what you have accomplished in this aspect? RL: I think we have done well in that phase. I am pretty satisfied with the progress. SM: Now you have seen two businesses with a similar focus, with a sweet spot in