article thumbnail

Why India Will Become The SaaS Hotbed Of Tomorrow

YoungUpstarts

percent in 1998 to 7.7 The Y2K and its resulting impact has transformed the nation into the product builders, managers and marketers – and what is to say the same thing cannot happen with SaaS? Better communication and outsourcing options further the case for India to take over the growing SaaS market. percent in 2017.

India 113
article thumbnail

Gust Blog - Thoughts on startups by investors that fund them

Gust

And in January I saw that digital music overtook physical media for the first time in 2011, something I expected since 1998. I bought the Diamond Rio mp3 player in 1998. I used to think you could use convenience and common sense to predict markets. A story tells market need way better than general market numbers.

Startup 180
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who Makes the Money on an Inevitable Shoe Dropping?

Gust

And in January I saw that digital music overtook physical media for the first time in 2011, something I expected since 1998. I bought the Diamond Rio mp3 player in 1998. I used to think you could use convenience and common sense to predict markets. In both cases what surprises me is not that it happened, but how long it took.

Forecast 123
article thumbnail

The Lean Entrepreneur is here

Startup Lessons Learned

Berkeley Pizza: from pizza in the farmer's market to a sit-down restaurant. One example is in their marketing, which in today's environment requires providing value. This doesn't mean pointing to the product and describing the product's value, but rather the marketing provides value itself. Lean Startup has gone mainstream.

Lean 167
article thumbnail

Recurring Revenue is Magic

Seeing Both Sides

In 1998, Yom Kippur fell on September 30th. At Flybridge, we have added "business model", with a particularly weighting towards recurring models with high gross margins, as one of the important evaluation criteria when we make investment decisions alongside market and team, which are the two canonical criteria for all venture capital firms.

Revenue 54
article thumbnail

Scaling is Hard, Case Study: Akamai

Seeing Both Sides

But once the company has honed in on a strong value proposition and found initial product-market fit, what is the best approach to scaling it? With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. After all, scaling is hard. Really hard.

article thumbnail

No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. And they rolled all of this up into a set of financial forecasts with a “size of marketforecast from brand name management consulting firms that said they’d have 42 million customers by 2002. iridium satellite network.