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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 6)

Posted on Sunday, Jul 10th

Sramana Mitra: Listening to you and the story, you’ve already hit your stride. You’re growing at 60% year over year. You’ve got internally generated cash. If I were you, I would probably not take external financing. How does this company become a billion dollar company? That question is not clear. On the other hand, you

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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 5)

Posted on Saturday, Jul 9th

Sramana Mitra: How many of those customers do you have? Is that a much larger customer base? Demitri Memos: In total, we have just over 4,000 paying customers. Sramana Mitra: There is a lot of SMBs that need to track and that includes all kinds of smaller operators. Demitri Memos: There is also service providers

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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 4)

Posted on Friday, Jul 8th

Sramana Mitra: So the company was registered in London but you were still operating out of Greece? Demitri Memos: Right. Ironically, the decision at that point was to register a company in London for stability and better access to the markets. Next year, my partner will be moving to the UK. He’s leading the sales

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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 3)

Posted on Thursday, Jul 7th

Sramana Mitra: Were you doing this for a green shipping company or an idea that you came up with yourself? Demitri Memos: Our third partner had already started that. Sramana Mitra: How did he get plugged to you guys then? Demitri Memos: He was introduced by a mutual friend. He had built this website on

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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 2)

Posted on Wednesday, Jul 6th

Sramana Mitra: What was the e-learning business that you were trying to raise money for? Who were the customers? What kind of e-learning are we talking about? Demitri Memos: It was corporate e-learning. The idea was that we were to provide a platform with some content. Sramana Mitra: This was going to be for Greek

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Greece Has A New Atlas: Marine Traffic CEO Demitris Memos (Part 1)

Posted on Tuesday, Jul 5th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  The morning that Brexit sent shockwaves through the world economy, I spoke with Demitris Memos who is building a nicely scaling, bootstrapped SaaS company from Athens, Greece. It was thrilling to hear a story of success and hope against the larger backdrop of doom and gloom. Greece

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