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mike morris
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 6)
Sramana Mitra: What happens after that? Mike Morris: I can’t be specific about revenue after this point. This is where it gets interesting. At this point, we were cash-flow conscious. We weren’t doing all the things that we needed to do to grow more rapidly. We needed outside capital at this point. We had a
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 5)
Sramana Mitra: At what point did you find a monetization model that was meaningful and that could carry the business? Mike Morris: 2004 was when we found the monetization model. Sramana Mitra: What was that model? Mike Morris: The model was going to customers, finding custom software development projects that needed to be built, and then
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 4)
Sramana Mitra: By this time, you’re one year into the project. Did you figure out monetization already or was that still open? Mike Morris: That was my job. I would say we probably started on that about halfway through the first year. My responsibility was to figure out how to build a software company on
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 3)
Sramana Mitra: Was it bootstrapped? How did you get this off the ground? Mike Morris: It was self-funded. The majority came from the Chairman Jack Hughes. He was the Founder and Chairman of Tallan. He had a lot of capital. There were other people, myself included, who invested in the early stages of Topcoder. To
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 2)
Sramana Mitra: Where does that bring us up to, timeline-wise? Mike Morris: That brings us up to 2001. That’s when the next major shift in my career happened. That was the time where we had gone through our first year after the acquisition. The economy wasn’t fantastic, particularly in the Pacific Northwest. I moved back
Genesis to Acquisition: Mike Morris, CEO of Topcoder (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Mike founded Topcoder, then left and joined Appirio. Appirio acquired Topcoder. Wipro then acquired both Appirio and Topcoder. Very interesting storyline. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of
