Sramana: During the nine-month bootstrapping phase, how many people were focused on the services business and how many people were focused on product development? I’m also curious about how your business breaks down between Croatia and London. Alex Fuller: The business breaks down 50/50 between London and Croatia. We also bring consultants from Croatia onsite with
Sramana: How did you go about building your team in Croatia? Alex Fuller: We flew out there and did some relatively simple job advertising. We set up an assessment center where we invited people to come and spend a couple of days with us. We put them through a training course because the Force.com platform
Sramana: If you were to position this in the context of 2009, when you founded the company, what would the competitive landscape look like? Who was your closest competitor? Alex Fuller: That’s a good question. We were offering this system to a number of companies but the telecom sector was a key focus for us
The Force.com platform has been a great bootstrapping device for entrepreneurs. Read how Alex and Richard Britton bootstrapped CloudSense to a sizable product company on the platform. Sramana: Alex, let’s start with your personal journey. Where were you born and raised? What are the roots of your entrepreneurial story? Alex Fuller: I was born in
Sramana: You have a unique situation in a founder-financed company. Where do you see things going in the future? Are you going to take a traditional route and look for an exit? Ratmir Timashev: Our current vision is to continue growing as a private company. We don’t need venture capital funds to keep growing. We
Sramana: When you founded Veeam and entered this market, there were all sorts of different players in different segments of the market. You were able to create a differentiated position for Veeam. What was the process of understanding and analyzing the market that allowed you to create your positioning? Ratmir Timashev: Part of that insight
Sramana: How has the change in industry tolerance and culture affected your marketplace? Ratmir Timashev: These changes in business requirements have made the legacy solutions by Symantec and IBM less effective. Access to data should be almost continuous. You can only tolerate a few minutes of downtime and data loss should also be minimal. Everybody
Sramana: What did you do when you left Quest? Ratmir Timashev: We left in 2005 and for the next year, we took our time to look around and find the next big idea. We saw that virtualization was the new big trend. I have some good friends in the venture capital community who told me that virtualization