Sramana Mitra: What specifically did you do as you started this company? Michael Sikorsky: I got the best term for it from Michael Gerber. I actually had an entrepreneurial fever and had no clue what I had to do next. I just decided to do it. It’s not something I would recommend. I had only
Sramana Mitra: What kind of company did you join? Michael Sikorsky: It was a supervised control and data acquisition company. They sold software to pipeline companies that wanted to monitor what’s going on across all their pipelines. What is the pressure? What is going on? There is a visualization aspect, remote monitoring, and then there’s a hardware
The story of a serial entrepreneur from an off-center place, this time Alberta, Canada. Sramana Mitra: Let’s start at the very beginning of your personal story. Where are you from? Where were you born, raised, and in what kind of background? Michael Sikorsky: I was born in Alberta, which is in Canada in 1972. I’m
Sramana Mitra: You seem to be enjoying the process of starting something, figuring a niche, and getting it to a certain amount of revenue. The first one you scaled to $50 million in revenue, which was a substantial amount of revenue. It sounds like you like to figure it out and then sell the company. Is
Sramana Mitra: How much did you sell it for? Todd Dunlop: Unfortunately, I can’t disclose that. Sramana Mitra: You’ve made a substantial amount of money in that exit so that whatever you then chose to do next, you had capital available? Todd Dunlop: That’s correct. Sramana Mitra: What was the next venture? Todd Dunlop: From
Sramana Mitra: What were the implications on your team? What did you need to do to scale from a team point of view? Todd Dunlop: One of the things that we always did was try to figure out how to get the best professional services. Very early on, when we went from four people to
Sramana Mitra: Let’s take that story chronologically. You started that in 2004? Todd Dunlop: Yes. We always talked about how we got started. It was sort of bootstrapping. Sramana Mitra: You said AdWords was just coming on. You essentially helped companies understand AdWords and market through AdWords. That’s what you were doing? Todd Dunlop: We
Most serial entrepreneurs have figured out certain unique ways in which they operate. In this story, we get to learn about Todd’s process. Sramana Mitra: Let’s start with the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Todd Dunlop: I was born in