Sramana: What was your process of collecting the individual data that your master database comprised? Matt Dusig: We would go to an affiliate and pay them a dollar for each person who signed up on our website. As the people signed up on our website, we had them fill out profiling surveys.
Sramana: What was the nature of the contract work that led to $30,000 of revenue and a new business model? Matt Dusig: We were talking to a research firm in LA about wireless polling. They wanted to let people coming out of a movie theater be able to provide their thoughts and opinions about the
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Matt Dusig, a serial entrepreneur, is the co-founder and CEO of uSamp™. Before jump-starting uSamp, Dusig logged into the [survey] industry with goZing, a pioneer in online sampling acquired by Greenfield Online in 2005. He was a finalist for the 2011 Ernst & Young Entrepreneur of
Sramana: You have a good thesis on solving the challenges of premium ad inventory monetization. It won’t work for everybody, but it will work for a lot of publishers. John Ramey: We are not going to solve it for everyone. We have expanded the pool from 1,000 publishers to 50,000. You no longer have to
Sramana: In 2009 you received some angel funding and earned TechCrunch as a first customer. What came next? John Ramey: Initially I was very nervous about accepting that first deal from TechCrunch. They are a significant first customer. I working in their office for a bit and then it went live. [Michael] Arrington wrote a
Sramana: Are you saying that a small publisher could get on your platform and use your technology to sell directly without having a large sales force? John Ramey: Yes, that is correct. The majority of our publishers do not have salespeople. Our largest ones do, but the point is that publishers can participate without having
Sramana: Was the core idea that resonated with TechCrunch the concept of helping core publishers sell their inventory directly via your platform? John Ramey: That was a big part of it. Our audacious goal was to create a true platform, an infrastructure layer, for advertising. Direct sales for web banners is a microcosm on top
Sramana: Let’s talk about how you oriented yourself to establish isocket. You had received multiple points of validation. What was your next step? John Ramey: All of this had occurred in Bloomington, Indiana, which was a college town in the middle of nowhere. There is no web community or startup vehicle out there, but I