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Thought Leaders in Financial Technology: Sankaet Pathak, CEO of Synapse (Part 1)

Posted on Monday, Oct 31st

Sankaet is building interesting infrastructure products for FinTech. Lots of insights, also, on open opportunities within the field for new entrepreneurs to latch onto. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Synapse. Sankaet Pathak: I’m the Founder and CEO of Synapse. If you haven’t heard of Synapse, we

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 6)

Posted on Sunday, Oct 30th

Sramana Mitra: Is this a B2C business? Victor Allis: Yes, it’s for voters. The strange thing is, there’s no revenue. There is no business model at the time. All we’re trying to do is to get people to use it to vote. I always believe that if you do something that adds value, there’s always

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 5)

Posted on Saturday, Oct 29th

Sramana Mitra: You took money from private equity that gave you some liquidity to the founders and gave you growth capital to move to the next phase. Victor Allis: Only liquidity to the founders. This is what was happening. I moved to the United States in 2010. We did a bit of press release. Suddenly,

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 4)

Posted on Friday, Oct 28th

Sramana Mitra: What kind of revenue level did you get to? Victor Allis: Ultimately in 2014, we had $100 million. Sramana Mitra: What are the inflection points? You remember the milestones really well. Victor Allis: The first one was in December 2000. The Dutch Railways was looking for a solution. It wasn’t part of my

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 3)

Posted on Thursday, Oct 27th

Sramana Mitra: What kind of companies were these seven companies that you invited? Were they logistics companies? Victor Allis: One was in the Rotterdam harbor; they unloaded ships. They told us that it’s a unique process and there was no product that could handle that. Then there was another one. It was a copper factory.

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 2)

Posted on Wednesday, Oct 26th

Sramana Mitra: What you’re describing is a track that we have called bootstrapping using services. It’s a tried-and-true path in which a lot of entrepreneurs have built companies. We have great regard for this method. The services work, I understand. The product that you were developing, what was going to be in that product? How

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Bootstrapping a RegTech Venture to $20M: PerformLine CEO Alex Baydin (Part 6)

Posted on Wednesday, Oct 26th

Sramana Mitra: At this point, it’s more of executing the business that you’ve described so far? Alex Baydin: Yes, that was the last pivot that got us sustainable traction. We’re still very focused on consumer finance because it’s such a big category. As I mentioned, the platform and the technology provide this level of sales,

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Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 1)

Posted on Tuesday, Oct 25th

Victor bootstrapped Quintiq to $30M, raised funding, and then sold the company for over $300M. ActiVote is his second startup, currently self-funded. Sramana Mitra: Let’s start from the beginning. Where are you from? Where were you born, raised, and in what kind of background?