Concur, the expense management software maker, released its earnings for the second quarter of 2008. Subscription revenue growth was the main driving force behind their robust earnings. The company posted net income of $4.5 million or $0.09 a share, compared with $1.8 million or $0.04 a share in the corresponding quarter last year. Total revenue is
SM: Describe some of your team-building experiences. CL: From the start-ups I was associated with before TAN, I know that team building is perhaps the most difficult aspect of entrepreneurism (aside from spelling the word, of course). You start, and it’s just you and you are alone and you are screaming at the world, saying
AmieStreet.com is an online music destination that allows (a) musicians to release, (b) music fans to discover, and (c) listeners decide the price they would like to pay for new and independent music over the Internet. The site has excellent music. In August 2007, Amie Street raised an undisclosed amount of Series A round of
LinkedIn is a professional business networking site founded by Reid Hoffman in 2003. It allows members to showcase their profiles and caters to the age 25-65 professionals demographic. It generates revenues via subscriptions and advertising. Recruiters use the site to tap talent, and is LinkedIn’s primary revenue generating segment. In 2003, LinkedIn secured $4.7 million
SM: How did LeapFrog miss the Internet? JK: This is an interesting question, one that I used to ask a lot. The company was, in 2001, very active with a product called MindStation which was a dial up hub where customers would subscribe and get learning applets from LeapFrog. It was a flop because it
If you think Bangalore is the only place where talent is migrating to larger companies and bigger cash salaries, think again. Ann Winblad says not. In Silicon Valley, Google, Apple, Yahoo, VMWare are pulling talent away from startups. So what are VCs and entrepreneurs going to do for their employees? The simple answer is probably
This is going to be the last segment for this series on Incubators in India, and it tackles the key to making such incubators work. We have said, that we need concept engineering, engineering management, product marketing, sales, biz dev, legal and financial talent in the incubator management team. I am going to, therefore, propose
By Utkarsh Rai, Guest Author, Author of “Offshoring Secrets”. “Fear of the unknown” is the biggest deterrent when it comes to choosing the next job. In India, most of the time, the prospective candidate is not the sole decision maker in accepting an offer. Parents, spouse, siblings, in-laws and friends play a major role in