Remove 2008 Remove Bootstrapping Remove Entrepreneur Remove Finance
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. They charge $9, $29 and $59 per agent per month and I am eager to see bootstrapped, scrappy Freshdesk morph their pricing structure to aggressively compete with them. From 2008 to 2010, Mitra was a columnist for Forbes.

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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

An entrepreneur should pick this one up ASAP. This is an open opportunity for an entrepreneur to build a custom solution. Sequoia has financed them. I pointed Zubair to a couple of case studies of bootstrapping using services to get more of his core product built; in parallel, I will help him pursue institutional funding.

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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

I know that many, many entrepreneurs are feeling dejected because of investor rejections. Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path. Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing.

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ProfessorVC: Bootstrapping 101

Professor VC

Bootstrapping 101. I moderated a panel discussion last night on one of my favorite topics, bootstrapping, as part of our Silicon Valley Center for Entrepreneurship Eminent Speaker Series at San Jose State. They have a standard presentation on bootstrapping, which they present around the country. ProfessorVC. Steve Bennet.

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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

During this week's roundtable we discussed an area that deserves a serious look from entrepreneurs: Rural BPO. Today, I invited entrepreneurs to come up with ideas, apply the 1M/1M methodology to it, and come discuss with me at these roundtables. I call it drip-financing. In 1M/1M, our preferred financing strategy is customers.

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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

Before I do, however, I want to talk about a thumb rule that I'd like to propose to entrepreneurs about raising money. Sub-$2 million pre-money, it is better to bootstrap. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I I encouraged Todd to keep building.

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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

At today's roundtable, we had three niche e-commerce entrepreneurs and two e-commerce infrastructure entrepreneurs. I will work with him on his inventory financing strategy. Good news: Indrajit is a solo entrepreneur, so he doesn't have a large overhead to support. I will describe their businesses briefly, below.

India 114