SM: Do you have a sense of who your 70,000 beta users are? Have you asked them why they are interested in your product? SR and KC: Most of them are people who have already tried apps such as Google Docs and are obviously not satisfied. They want a collaborative app but are not willing
SM: Tell me more about the architecture underpinning your product. What enables you to do what you can now do in the browser? SR and KC: We explored many options. The first thing that came to mind were plug-ins. Even though the browser is popular for HTML, there are numerous plug-ins that make a supplemental
From Wayne Hurlbert’s review of Vision India 2020 by Sramana Mitra for Blog Business World: “For me, the power of the book is how Sramana Mitra presents her visionary future for India in a story based format. Instead of simply describing potential opportunities that exist for proprietorships in the Subcontinent, the author brings her concepts
SM: Back to you, Sumanth and Kaushal. Once Sabeer became your mentor and your financing partner, how did the company’s strategy evolve? SR and KC: Up to that point we were very conservative because we did not have a lot of money. We had shut down our services group completely because it didn’t make strategic
SM: How large did you build your service business in terms of revenue? SR and KC: At the end of five years, we were well past $1 million in an annualized run rate. We had grown the team to just under 50 people. At that point, we realized that it was as good a time
Kaushal Cavale and Sumanth Raghavendra are childhood friends from Bangalore and the cofounders of InstaColl. After graduating from BMS College of Engineering and the University of Phoenix (Thunderbird), respectively, they worked in technical IT positions in the United States. They returned to India in 2000 to fulfill their dreams of starting a business. In 2005,
SM: What is your take on GigaOM? They have raised a lot of money. How does that story play out? They have open source, clean tech, and a lot of niche sites. RM: At one point ReadWriteWeb was doing a similar thing wherein we were trying to build separate branded blogs off our main blog.
SM: Are you hoping to sell the company in the end? RM: We are hoping to. That would be the goal. Either that or grow it into a much more profitable business, but I think acquisition is probably the likely scenario at some point.