Built To Enjoy: Andrew Fox’s 100% Owned $30M ClubPlanet (Part 1)

Andrew Fox is the cofounder and chairman of ClubPlanet and the CEO of Track Entertainment. He has spent the past six years running entertainment and service companies. ClubPlanet is the largest and most comprehensive nightlife destination on the Internet and provides content, listings, tickets, and many other features for nightlife events in over 35 cities

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 7)

SM: I like that your business is simple and elegant. RK: The roots of the business were very simple. The focus was on the end user experience. It was an easy service to use and the product was not cluttered. If you look at other collaboration services there are 80 services there, most of which

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 6)

SM: What was your revenue like when you first raised money? RK: It was getting close to $1M. We were three people but we had a very bandwidth intensive service. We had a substantial infrastructure that we were building out.

From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 5)

SM: Do you work integrated deals with other major software vendors? RK: We have some, but the majority of the time users need to go install the YouSendIt plug-in on their own. We have done a little bit of both, and we would like to do more integrated solutions.

From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 4)

SM: What was the conversion ratio? RK: Over the past two years we have doubled our conversion rate on the free-to-paid subscription side to 4%. Overall, including our transactional pay-per-use which includes enterprise, the conversion rate is close to 10%.

Vision India 2020 Review: Blueprint For The Entrepreneurial Ecosystem

From Kartik Raichura’s review of Vision India 2020 by Sramana Mitra for Management Paradise: “I recently laid my hands on Vision India 2020 by Sramana Mitra, and couldn’t stop thinking of the endless opportunities that are right in front of us here in India. This book is a must read for every entrepreneur, aspiring entrepreneur, lawmaker,

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 3)

SM: I understand there were three cofounders. Did any of you take a salary role in the beginning of the company? RK: The other guys were still consulting at their previous jobs. I was out raising seed capital to keep the company going because my former company had just been purchased. I was able to

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 2)

SM: What was the competitive landscape like at that point? RK: Right around the time we launched another small company out of Los Angeles called Dropload. It did not take off as quickly as hoped.