Bootstrapping Course: Welcome

>>>

Featured Videos

The Startup Velocity Question: What Hinders Acceleration in VC Funded Companies?

I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.

Startups that do not have what it takes to achieve velocity should not be venture funded.

Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis. 

Meta Wants to Keep Investing in AI

Meta (Nasdaq: META), formerly Facebook, announced its quarterly results earlier this week that failed to impress the market. The company’s disappointing outlook coupled with big investment plans for AI sent the stock falling 16% in the afterhours trading session.

Featured Videos

Building a Global ERP Company from Estonia: Katana CEO Kristjan Vilosius (Part 2)

Sramana Mitra: Talk about thewe. You said you were three co-founders. Tell me how you guys came together, how you met, how you decided to get together? And secondly, what was the idea around which you came together originally? What happened then? What was the state of the union? What was the state of the market? And what did you see as the opportunity to latch on to at that time?

Kristjan Vilosius: Great question. I’ll first start with the co-founding team. Both of my co-founders, Priit, our CTO, and Hannes have been leading our customer facing teams for many years. I’d known both Priit and Hannes for 15-20 years as friends, although Priit and Hannes didn’t know each other very well. I kind of kept them separate.

Building a Global ERP Company from Estonia: Katana CEO Kristjan Vilosius (Part 1)

ERP is an entrenched category full of incumbents. Katana is a wonderful story of excellent positioning and strategy work to find market foothold.

Sramana Mitra: All right, Kristjan, let’s start with your personal background. Where are you from, where were you born, raised, what kind of circumstances?

Kristjan Vilosius: Firstly, thank you for having me here today. I’m the CEO and one of the three co-founders at Katana. And my personal story starts in the early eighties when I was born in Estonia, which was part of the Soviet Union back then. I don’t remember much of it since I was very young, but I spent part of my childhood in the Soviet Union.

Video FAQs

May 15 – Rendezvous Meetup to Discuss How to Compete with Heavily Funded Competitors

For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our next informal meetup. If you are living in the San Francisco Bay Area or are just in town for a visit, we hope you will join us.

Location:
Café Borrone
1010 El Camino Real
Menlo Park, CA 94025

Time:

Wednesday, May 15, 2024 from 5:00pm to 6:00pm PDT

REGISTER HERE

Registration is required.

Best of Bootstrapping: Bootstrapped Using Services from Atlanta

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

We continue our coverage of bootstrapping using services with a conversation from 2020 with Codesigned Founder CEO Jake Weaver.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Jake Weaver: I’m from a very small town in the middle of Missouri in the Midwest called Lynn Creek, which had a population of just 289 people. It’s nowhere near any of the tech industries today with the farming and vacation towns. There’s not a whole lot of business there. 

>>>

Best of Bootstrapping: Bootstrapped a Tech Product Company from India

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

Some of us have worked relentlessly for decades to bring about the change in India from a largely services-driven technology industry to one that today produces credible products sold all over the world. Ameyo is one of the early examples of this shift, and Co-founder CEO Sachin Bhatia is an early visionary in this journey. Ameyo was acquired by Exotel in 2021.

Sachin is also a long-term reader of this blog. It is always a great pleasure for me to do the Entrepreneur Journeys of my long time readers who have benefited from these stories and the invaluable lessons shared by so many entrepreneurs since 2006. This is our conversation from December 2020.

Sramana Mitra: Let’s go to the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?

Sachin Bhatia: I was born in New Delhi, India. I graduated from IIT. I’m a computer science graduate. I did my Bachelors in Computer Science in 2001. I have my whole family in India. My father was in the manufacturing business. In our college days, we thought that India should make some more products. That is how the journey started. I started this with a couple of my batchmates at IIT. 

>>>

Best of Bootstrapping: Bootstrapping a Generative AI Product

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

R.J. Talyor, Founder CEO of Backstroke and Pattern89, talks thoughtfully about product idea validation for two AI companies. Backstroke is operating on the cutting edge of Generative AI and delivering clear ROI by solving a very specific problem.

Sramana Mitra: All right, R.J., let’s start at the very beginning of your journey. Where are you from? Where were you born, raised? What kind of background?

R.J. Talyor: Thanks for having me. I’m born and raised here in Indianapolis, Indiana. I always thought I’d leave, but I graduated from college with an English degree out of an entrepreneurial honors program. I ended up in this entrepreneurial fellowship right after school here in Indianapolis. It paired Indiana grads with leaders across the state and I got into a role at ExactTarget, which was, at the time, a small startup. We grew to be a $2.7B acquisition by Salesforce and became the ExactTarget Marketing Cloud within the Salesforce Marketing Cloud. So my career grew there over that ten years.

>>>

Analysis of Databricks’ Lilac Acquisition

According to a recent report, the Data Science Platforms market is estimated to grow at 77% CAGR to reach $322.9 billion by 2026. Databricks, a leading data analytics solution provider, recently reported its annual revenues that grew more than 50%.