Mimosa Systems has designed a solution to archive and manage email, attachments, IMs and files so that companies can easily access historical communication.
Slide, founded in 2005, is Max Levchin’s second baby. Levchin, founder of PayPal, sold the online payment site to eBay for $1.5 billion, and he intends to do even better with his current venture, Slide. Slide, however, doesn’t look like a great second act to me!
We profiled Tom Patterson, CEO of Wize.com last year. The site compiles both expert and user reviews and inserts them into a scoring algorithm to rank products. The site’s proprietary WizeRank gives each product a 1 – 100 score, utilizing collective wisdom ferreted from all over the web.
SM: What are your pricing guidelines now? SS: We actually don’t share that publicly, but it is not too different than payroll processing costs. The core point is if you look at the paper model, and you go to companies and ask them how much it costs to process an expense report via paper, it
SM: How did you finance the different phases of the company? Seed? Angel? VC? Corporate? JW: I supplied a very small amount of seed capital that basically covered expenses while we secured our first round of venture funding. The $5 million Series A was led by Trinity Ventures and Mayfield Fund in mid-2004. Rustic Canyon
[Part 1] [Part 2] I asked Tom for a TAM analysis, as I ask all entrepreneurs. The analysis is not as crisp as what Shiva presented, and I suggest you tighten it up, Tom. I think, the segmentation also needs finetuning. Nonetheless, here it is. SM: How big is the market for what you have