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
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
Sramana: Is there any kind of segmentation where you get the most customer traction? You have a fairly sizeable business at this point. What is the distribution of your customer base? Are there any sizing or vertical segments amongst your customer base? Christopher Aker: We track all of that stuff and we compare every couple
Sramana: You launched Linode in 2003. How did the company revenue ramp over time? Christopher Aker: For the first few years, we were constrained by the number of machines we could put online. We still managed to do 200% to 400% revenue growth year-over-year. It is a lot easier to do that when the numbers
Sramana: Did you have any market validation of your new hosting business mode? Christopher Aker: I knew that it was going to work. I was very sure of it. Success by my measure then was maybe $100,000 in revenue a year in managed wordpress plans. Sramana: Were you doing all of this out of Nashville?
Sramana: What were you doing at HealthStream? Were you part of the early team in any way? Christopher Aker: I was a technical employee and I was able to go through the IPO ride while I was there. We did not make any money there. We were the last tech company to go public just
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Chris had many opportunities to raise money along the way while bootstrapping to a $60 million revenue level. Find out why he chose not to. Sramana: Chris, let’s start with the beginning of your story. Tell me where you are from and set the stage for
Sramana Mitra: I’ll switch gears a bit. Given all these things that you’re seeing in the market, can you look ahead to the 5 to 10 year horizon. Tell me your thoughts about what’s going to happen. What do you anticipate as new that is going to happen? Emil Sayegh: We are all heading toward