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From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 7)
Sramana: What percentage of your business is in the U.S. today? Leigh Jasper: On a bookings basis it is around 15% and growing fast. Within a couple of years, I think it will be the biggest part of our business. The U.S. market is just very large. We have 35 offices globally with 400 people.
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 6)
Sramana: You have moved to San Francisco and raised institutional financing from local VCs. Based on my knowledge of the industry, there is obviously a game plan here, and my inclination is to believe it is a roll-up game plan. Do you plan on rolling up another $70 million to $80 million of revenue by
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 5)
Sramana: What is the total available market for the construction management software? Leigh Jasper: That market is probably $500 million at the moment. We are the biggest player in the space, followed by AutoCAD. After that there are around 20 smaller companies that do around $10 million apiece. We see this as a multi-billion dollar
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 4)
Sramana: How long did it take you to get to a critical mass of Australian construction projects transitioned to the Aconex platform? Leigh Jasper: It took a few years to really build it up. Ultimately we served our clients well. The business has grown phenomenally. In 2001 we raised money and started getting some publicity
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 3)
Sramana: Do you get a lot of repeat business from the same clients or do you have to find new construction projects and reach new clients? Leigh Jasper: The way we typically work with a company is by starting on one of their projects. During that initial project they see what the system does and
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 2)
Sramana: Let’s talk about the beginning of the company. You said you went out to raise venture capital in 2000. Was your proposal based on a prototype or just an idea? Leigh Jasper: Back then it was very hard to build a prototype. Today there are a lot of tools you can mash together to
From Australia to Silicon Valley: Leigh Jasper’s Amazing Journey with Aconex (Part 1)
Leigh Jasper is the co-founder and CEO of Aconex, on online collaboration platform for construction, infrastructure, energy and resources projects. He has led the company through a decade of rapid growth, during which it became the world’s largest provider of project collaboration solutions for the construction, energy and resources sectors. Prior to founding Aconex, he
Building a Fast-Growth Local Advertising Business: Yodle Co-founders Ben Rubenstein and John Berkowitz (Part 7)
Sramana: I take it that your VCs are not antsy about an exit at the moment. John Berkowitz: They are very content. In any scenario we were a good decision for them. Valuation is increasing and business is going good. We are not getting any pressure to do anything that we are not already doing.