Remove 2008 Remove Bootstrapping Remove Finance Remove Revenue
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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. Higher end players like ServiceCloud charges $65, $135 & $260 per agent per month.

India 123
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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

They already have several customers including some telcos, and are at about $350,000 in revenues. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

Cloud 115
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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path.

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

ReadWriteStart

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 Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer?

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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. GrillGrate. JCLABoutique.com.

India 114
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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

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. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

Cloud 117
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1M/1M Strategy Roundtable: Bootstrapping Comes in Many Flavors

ReadWriteStart

At today's roundtable, we had some very interesting discussions on creative bootstrapping. I recently wrote an article on this topic, calling all EDA entrepreneurs to build $5 million to $10 million to $20 million cash businesses that are self-financed, bootstrapped, and built organically.