Sramana Mitra: You were open to all the vulnerabilities. Aviram Jenik: Correct. That gave us the opportunity to do this security check for you. If your severs are out there in the Internet, we can also tell you if you’ve got all these problems. We started offering that as a remote. What’s funny about this
Sramana Mitra: Did you sell for stock or cash? Chris Miglino: We sold for stock. We were fresh out of school. This was the first big business transaction that we had done. We had learned a lot about the stock market. We owned a lot of stock in this company that was having a very
Aviram Jenik: As time passed, there were little engines on the customer side. Java became popular and started replacing what we were doing. The Internet became faster and faster. We shifted towards remote support for something like a printer driver stopping to work. Anybody who had a computer in the second half of the 90s
If you think venture capital is the only path to funding companies, you are, obviously wrong. Chris talks about a whole other world of OTC. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Chris Miglino: I was
Sramana Mitra: You knew that you needed to move out. You didn’t know where to move out to. Aviram Jenik: Exactly. It’s not that we had a brilliant idea at that time. We just thought, “Education is nice, but it’s not big enough. This new market that’s coming is huge.” Our engine was like a
Sramana Mitra: The reason why professors want to see how you are proceeding is because they can’t partially mark you. If you’re going in the right direction and somehow made a mistake and got the wrong answer, they can still give you partial points for how you were moving. That’s, I think, the thinking behind
Jared Shusterman: Quite frankly, a lot of these guys don’t trust the bigger brands that they sell. The number one game changer here in helping these guys was to be cooperative and, in effect, reap the benefits of that cooperation. It then came down to funding. We put a stake in the ground even in
Going against the grain of Venture Capital mania, in 1999, Aviram started his second bootstrapped venture. 18 years later, he is still running it. Happily! Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Aviram Jenik: I was