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wiredrive
Best of Bootstrapping: Bootstrapped Wiredrive Using Services to $10M
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. When we spoke in 2016, Co-founder Taylor Tyng had bootstrapped Wiredrive over a 17-year period to about $10 million. At that time, he had options to grow organically or raise money. Either way, an interesting journey. Sramana Mitra: Let’s start at the very beginning of your
Best of Bootstrapping: Wiredrive CEO Bootstraps Using Services to $10M
CEO Taylor Tyng has bootstrapped Wiredrive over a 17-year period to about $10 million. Today, he has options ahead to grow organically or raise money. Either way, an interesting journey. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 6)
Sramana Mitra: With the way you’re running the business today, have you identified levers where if you just throw money at it, you’re going to grow orders of magnitude faster? Taylor Tyng: Yes. It’s actually been one of the most interesting things. The focus on the type of product that we were building was a
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 5)
Taylor Tyng: By focusing on the organization and how teams collaborated, we could assist with making sure the intellectual knowledge was captured and shared. What we saw in our competing niches were people who were trying to solve more individualized and lighter weight problems. Another major inflection point for us was how cloud has been developing
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 4)
Sramana Mitra: When did you launch Wiredrive? Taylor Tyng: Wiredrive was officially founded as a sole business in 2008, but its story probably started around 2003. Sramana Mitra: What happens next in the story? Taylor Tyng: We got to a point where we had a lot of legacy issues. We were trying to move from a web design
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 3)
Sramana Mitra: In the chronology, where are we in now? Taylor Tyng: I’m going back and forth within that. We’re probably around the mid-2000s. Sramana Mitra: What is the next major strategic move and what year? Taylor Tyng: As I mentioned, we’ve never been venture-backed. We ran two businesses side by side — the design agency
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 2)
Sramana Mitra: What kind of customers were adopting video advertising at that time? Who were these early adopters of video? Taylor Tyng: A lot of them were post-production companies and commercial production companies. In particular, post-production companies were very interesting early adopters for us. They’re built around pipeline workflows for technologies so they understood the investments
Bootstrapping Using Services: Taylor Tyng, CEO of Wiredrive (Part 1)
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Taylor has bootstrapped Wiredrive over a 17-year period to about $10 million. Today, he has options ahead to grow organically or raise money. Either way, an interesting journey. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were
