categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
entrepreneur journeys
A Pilot’s Heroic Journey: Jonny Nicol, CEO of Stratajet (Part 5)
Sramana Mitra: Let me summarize here. You got about $800,000 from these hedge fund guys. Let’s call it angel financing. What year was that? Jonny Nicol: It ended up at $1.6 million. That was 2013. Sramana Mitra: You had already run this company with your own money for three years before you got the angel financing?
From Solo Entrepreneur to $65 Million in Revenue: Brazilian Entrepreneur Daniel Scandian, CEO of MadeiraMadeira (Part 5)
Sramana Mitra: Do you need to a raise more money or are you planning to now keep growing organically? Daniel Scandian: Now, we are breaking even. Last year, we achieved $65 million in revenue and we plan to reach around $150 million in 2017. We are cash flow positive now. Just now, we are building
A Pilot’s Heroic Journey: Jonny Nicol, CEO of Stratajet (Part 4)
Sramana Mitra: Is there a convenient way to get the database of all the private jets’ flights just like an online travel agency for commercial flights can access such a database? Is there an equivalent of that database available somewhere or did you have to create that? Jonny Nicol: I had to build it from
From Solo Entrepreneur to $65 Million in Revenue: Brazilian Entrepreneur Daniel Scandian, CEO of MadeiraMadeira (Part 4)
Daniel Scandian: We realized that that process was the same that should work in Brazil. Of course, the software was a little bit different, but the workflow was quite the same. We were lucky for them to open to us. We went to Brazil and started building a software. The Brazilian market is much more
A Pilot’s Heroic Journey: Jonny Nicol, CEO of Stratajet (Part 3)
Sramana Mitra: What happens next? Jonny Nicol: I got a one-year work clause where I was still on-call and working, but, in reality, I was not going to work. Instead, I used my pilot license which I got from the military to do some freelance piloting. I had three jobs. I was an air display pilot, air ferry
From Solo Entrepreneur to $65 Million in Revenue: Brazilian Entrepreneur Daniel Scandian, CEO of MadeiraMadeira (Part 3)
Sramana Mitra: You were almost like a solo entrepreneur with your brother helping you out. Daniel Scandian: Yes. My brother took care of the company while I looked for investors. Then I had to talk to some investors in Brazil. In 10 months, I had a very nice investor from Brazil and from Argentina. I
A Pilot’s Heroic Journey: Jonny Nicol, CEO of Stratajet (Part 2)
Sramana Mitra: I’m interested in success from a financial point of view. What kind of revenues were you able to generate with that company and what happened to it? Jonny Nicol: In the first month, revenues were $100. In month 11, it was $238,000. I actually disagree that you measure the success of a company
From Solo Entrepreneur to $65 Million in Revenue: Brazilian Entrepreneur Daniel Scandian, CEO of MadeiraMadeira (Part 2)
Sramana Mitra: You were targeting this business to customers in North America or in Latin America? Daniel Scandian: Only in Brazil. Sramana Mitra: Was it Google AdWords that helped you recruit the customers? What was working in terms of marketing? Daniel Scandian: It was 100% Google AdWords in the beginning. I had this agency that
