categories
HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
mx
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 7)
Sramana Mitra: Who was this angel investor? Ryan Caldwell: I don’t have the permission to mention him by name. He’s a rather private person. I had worked with him in the past. He invested in a previous startup of mine. We had a good working relationship. He was familiar with me and my management style.
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 6)
Sramana Mitra: The first hundred that you closed, were you able to close them on the phone? Ryan Caldwell: Yes. We had to visit some people but, we were able to close most of them over the phone. Sramana Mitra: Teleweb sales, yes. Of the people that you closed in that first wave of going
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 5)
Sramana Mitra: What was the financial engineering behind the acquisition? Ryan Caldwell: We acquired their company for mostly stock in MX. Sramana Mitra: You said you and a few others invested in the company and got things going. At subsequent financings, what were some of the milestones that you managed to knock off? Ryan Caldwell:
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 4)
Sramana Mitra: What about customer validation? How did you get this off the ground in terms of the early customers and customer input early on? Ryan Caldwell: We had to take really good care of the end user, which is our largest concern. If we don’t take good care of the customer, we can’t take
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 3)
Sramana Mitra: What was the concept of MX? Ryan Caldwell: MX is addressing one of the core issues for mankind, which is people don’t have visibility into their finances. Finance is, in fact, a critical part of life for people. So much of the intangibles that we care about whether it’s family or health are directly
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 2)
Sramana Mitra: What happens after? Ryan Caldwell: I went to do consulting. I wanted to be at the heart of San Francisco. I did consulting for companies like Microsoft and Visa in London and Singapore. Sramana Mitra: What was the next major thing that you did after selling this company? Ryan Caldwell: I gained some
Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Ryan self-financed, with some seed money, a FinTech company selling to small financial institutions. Today, the company has delivered 185% y-o-y growth for five consecutive years. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised,
