Sramana Mitra: Was there any segmentation of what kinds of customers were finding your product attractive? Nelson Nahum: First of all, before the customer, I would like to tackle the question of the business model. We created a great technology. We found out that Amazon really liked what we do because it’s enterprise storage and
Sramana Mitra: You still had $3 million which you hadn’t really started building a product on. You were basically experimenting with the cloud and learning about the cloud. Nelson Nahum: Yes. I didn’t have the $3 million then. My experiments started the day after I was laid off. It took a few weeks until the
Sramana Mitra: What level of revenue did you get to before the LSI acquisition? Nelson Nahum: I think we were in the $10 million range. Sramana Mitra: How much did you sell for? Nelson Nahum: It’s confidential. It was good for most of the people. Sramana Mitra: So the bottomline is that you made some
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Nelson has built an interesting enterprise storage company and one of his key strategic moves was an unusual deal with Amazon. Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of