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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 6)

Posted on Monday, Jul 21st

Sramana: So your ultimate strategy is to go to market through third party consultants? Krishna Kumar: We want to empower consulting companies to run with projects based in our technology. They are not going to buy into our strategy if two things don’t happen. First, we need to have similar customers in the market that

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 5)

Posted on Sunday, Jul 20th

Sramana: Do you have any proof points of your technology working and providing actionable recommendations? Krishna Kumar: We are very new and we have just started the pilot project for that use case. It is not a tried and tested method from the business method standpoint. We will be working with more established ERP vendors

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 4)

Posted on Saturday, Jul 19th

Sramana: So how have you been able to build a product by combining the Internet of Things, People and Processes? Krishna Kumar: We have an intelligence layer that sits on top of all of these three components and allows you to build applications on top of that. For example, we are working with an organic

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 3)

Posted on Friday, Jul 18th

Sramana: What kind of traction were you able to get with your Bootstrapping with Services strategy? Krishna Kumar: We were able to get some good Fortune 500 customers using that bootstrapping methodology. We used that as the means to get our first round of funding, which came through Open Ventures. Sramana: Where is the company

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 2)

Posted on Thursday, Jul 17th

Sramana: How did you get the company off the ground? Did you raise VC money? Did you use your own money? Did you bootstrap? Krishna Kumar: Initially, we had to bootstrap. The first few years were funded through my checking account. Sramana: How long did it take you to get your first customer? Krishna Kumar:

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 1)

Posted on Wednesday, Jul 16th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  See how a serial entrepreneur is using the ‘Bootstrapping Using Services’ methodology repeatedly to get companies off the ground. Sramana: Krishna, let’s start with the beginning of your personal story. Where are you from, what is your background? What leads up to your entrepreneurial story? Krishna

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Bootstrapping a Web Hosting Company to $60 Million: Christopher Aker, CEO of Linode (Part 7)

Posted on Monday, Jul 14th

Sramana: Why did you make the decision to build your business without external financing? Christopher Aker: Once we started gaining traction, and once the industry woke up and realized where things were going, we have had incredible interest from VC firms. There has been a constant stream of phone calls and emails since the very

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Bootstrapping a Web Hosting Company to $60 Million: Christopher Aker, CEO of Linode (Part 6)

Posted on Sunday, Jul 13th

Sramana: Can you talk about your experience of trying to build an executive team and scaling a company with a larger footprint? Also, where are you building the company? Christopher Aker: When the company had just three people, I moved back to New Jersey and that is where we established our offices. We are about

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