The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on
The Accelerator Conundrumis a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on
By Bob Compton, Guest Author On my first trip to India several years ago, I never imagined how visiting a classroom of first graders in Bangalore would change my life forever. But that is exactly what happened on my very first trip through exotic, engaging, emerging India in 2005.
Sunpower’s (SPWR) Q4 stock performance has been scary as the company’s stock reached heights of $160/share in intraday trading and then plummeted on general market madness and company outlook to $73/share recently. It is worth looking at the company to see what has been going on.
SM: Where did you get the idea for your current venture? What is your domain experience in the segment? Any particular reason that led you up to this venture? JW: I co-founded my first startup in 1997, with that same roommate from Boston. While trying to raise capital and recruit a head of engineering, the
Sridhar’s experience in bootstrapping is something to learn from, especially for entrepreneurs in India, who keep complaining about the lack of funding availability from venture sources. Along the way, he weathered many storms, as all good entrepreneurs learn to do. SM: How did you fund your early initiative? SV: It was all bootstrapped. My wife
By Lance Glasser, Guest Author It was the Summer of 1987. I was sitting in my living room drinking Jack Daniels and listening to the Grateful Dead while trying to figure out what I was going to do next. I had just spent seven years on the M.I.T. faculty, teaching VLSI and doing research, but