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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
saas
Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 6)
Sramana Mitra: How has your revenue ramped from the 2007 time frame to 2015? Where are you now? Chris Grandi: We’re growing over 50% per year. In year one, we started our revenue with less than a million dollars. You grow a 100% when your revenue is smaller. Our revenue is significantly bigger now but we’re
Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 5)
Sramana Mitra: What is it about the hedge fund space in terms of work flows or virtualization? What specifically is different in that space versus other verticals? Chris Grandi: There are really two things that make the hedge fund space different. One is the level of service. Because of what hedge fund managers do and
Bootstrapping a Virtualization Services Company: Chris Grandi, CEO of Abacus Group (Part 4)
Sramana Mitra: What was going to be the new company? What did you find that warrants doing another company? Chris Grandi: This is one thing that I always tell the entrepreneurs I speak to. You always hear about entrepreneurs who start a company when they’re super young and don’t have a lot of experience, and
Bootstrapping Using Services: Manish Sood, CEO of Reltio (Part 7)
Sramana Mitra: Why did you raise money? What was the thinking behind raising money? Manish Sood: The thinking behind raising money was that we had validated the opportunity and had substantial revenue was being generated, how do we accelerate? We are still dealing with enterprise customers. Some of these sales cycles can be long. At the
Bootstrapping Using Services: Manish Sood, CEO of Reltio (Part 6)
Sramana Mitra: That’s your experience. We work with a very large number of entrepreneurs. Not everybody comes from a company where they’ve already seen a problem unsolved and then they go after that. You had a lot of your validation and probing done while you were already at Siperian and Informatica. You built upon that
Bootstrapping Using Services: Manish Sood, CEO of Reltio (Part 5)
Sramana Mitra: Did you pick a vertical to go after or were you doing it more horizontally at this point? Manish Sood: We did narrow down on the life sciences vertical because we had seen some adoption from a SaaS perspective. But we were also approaching customers outside that vertical to understand where the potential opportunities might exist.
How to Manage A Successful Pivot: Bullhorn CEO Art Papas (Part 6)
Sramana Mitra: In a nutshell, you basically pivoted to a vertical CRM strategy and then started building out more and more verticals and developing work flow in your product for those verticals. You went after mid-market companies in each of those verticals. Art Papas: We did. We have a lot of tiny customers and then
How to Manage A Successful Pivot: Bullhorn CEO Art Papas (Part 5)
Sramana Mitra: I get the whole vertical workflow woven into your product. Can you provide some examples of what somebody who’s buying a Salesforce.com CRM system would not be able to do versus your system? Let’s say recruitment vertical. What’s an example of workflow that’s specifically designed in your product? Art Papas: A great example
