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- 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
Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 4)
Sramana Mitra: What year are we talking about? Vaclav Muchna: 2003. In 2002, we launched that web server. We had to produce 20 terminals and we had no money. I tried to go to the bank but, of course, they didn’t let us borrow anything. There were only few VC funds. The VC market almost
Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 4)
Sramana Mitra: How do you do that? How do you take an internal operation and turn it from a cost to profit center? What did you that was innovative there? Nilay Banker: That’s a great question. It all starts with making sure that you can achieve process efficiency. Process efficiency, in this case, is how
Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 3)
Vaclav Muchna: The three of us started again. I kept 20% and they both got 30%. We started again without really knowing what to do next. One customer came and said that they would like us to develop a software that would secure printing. They wanted to remove 200 desktop inkjet printers and install 20
Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 3)
Sramana Mitra: Let’s talk a little bit about some of the nitty-gritty processes. What year did you start Inspyrus? Nilay Banker: I started Inspyrus in 2008. Sramana Mitra: You said you started by consulting. How long did you operate this company in a consulting services mode that got you the opportunity to understand the problem
Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 2)
Sramana Mitra: What year are we in now? Vaclav Muchna: That was 2000. It was a month after my 20th birthday. We started the company together. We really didn’t have any vision, we just wanted to be rich and famous. We wanted to succeed and we had no idea how. We had no education. We
Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 2)
Sramana Mitra: How long did you stay at Oracle? Nilay Banker: I was at Oracle for 10 years. On the first day of my 11th year, I decided it was enough. I had a lot of fun. I actually had a great opportunity to work with Larry Ellison for an extended period of time. At
Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. We’ve shared many Bootstrapping Using Services case studies with you here, as well as in the book on that topic. This one is particularly interesting because of the absolutely awesome business model that Nilay and his team have implemented. Read on! Sramana Mitra: Let’s go to
Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 1)
This is a wonderful story of a Czech entrepreneur, who at 22, at a time when his country was far from ready to support entrepreneurs, struggled through immense odds and has built a global business. Read on for inspiration and excellent lessons from the trenches. Sramana Mitra: Let’s start at the very beginning of your