Sramana Mitra: What was the structure of what you were selling? Were you offering company specific information, or was it an Internet front end to a centralized data store? Neno Duplan: It was centralized web-based model based entirely on multi-tenancy. We had a single database for every client but a common interface. The database was
Sramana Mitra: What did you initially go to market with? Was your initial offering an Internet portal for environmental data or was it consulting? Neno Duplan: We did not have a product or software offering. We had five employees and we used our collective connections to do environmental consulting. We were working on projects where
Sramana Mitra: In 1997 you recognized the potential for the Internet to be the front end interface to large amounts of data. What was your next step? Neno Duplan: That led to the beginning of Locus, which I founded in 1997. We had more domain expertise than anyone else in the world. I then set out
Sramana Mitra: What types of companies were generating the large amounts of environmental data? Neno Duplan: Consulting engineering firms working for Chevron or oil companies. Almost every gas station on every corner can be considered a contaminated site because almost every underground storage container at those gas stations has leaked at some point.
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Neno Duplan is the founder, president, and CEO of Locus Technologies, a provider of on-demand environmental data and information management solutions. Prior to starting Locus Technologies, Dr. Duplan held senior management positions with Canonie Environmental (W.R. Grace Company), The IT Group and D’Appolonia Consulting Engineers. Dr.
Sramana: Who do you view as your competition? Sebastian Funke: A product called Shaker debuted this year, and they are focused on helping people meet other people. That is exactly what we do and what we have been doing for the past two years. We are much farther along than they are. We see the possibility
Sramana: You now have a solid revenue stream and a good user base. Where do you go from here? Sebastian Funke: We don’t see Smeet as a single game. We see it as a social interaction platform. You can enter it through our website or through our application. It is a cloud of different rooms
Sramana: What are the most common gifts people tend to give each other? Sebastian Funke: They give rings, necklaces, furniture for virtual houses, and a lot of other items. We have a separate catalogue for gifts. People cannot buy them for their own use.