Sramana: You were starting your company in Israel and you talked to Silicon Valley VCs. What requirements did they put on you? Alon Maor: They did not put any location requirements on us. We had the philosophy that if you want to build a global company, then you can have a top-level engineering and product
Sramana: You went to market with 15 carriers. At what point did you start getting them to pay for products? Alon Maor: We got them to start paying once we had the initial product. That means it had to be a carrier-grade product. They will evaluate the product in a lab. We had a few
Sramana: These days investors do not fund concepts. They only fund businesses. That means there needs to be customers buying a product. Alon Maor: In our case, since we are approaching the carrier space which is a large software-based capital intensive project, the incubation we did was through 15 worldwide carrier references. We had endorsements
Sramana: One of the big problems that we see in big startup teams is that people just meet and try to do a startup together. That’s like getting married after a one-night stand. It’s a disaster. Alon Maor: What I found out about the team is that it is all about the people. You have
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Alon Maor is the CEO and co-founder of Qwilt, a company that builds products to allow network carriers to create a universal video fabric without interruption or changes to content provider or network infrastructures. Prior to Qwilt, Alon oversaw the development and operations of the Service