Billion Dollar Unicorns with Therese Tucker, CEO of BlackLine
Sramana Mitra
Founder and CEO of One Million by the One Million (1Mby1M) Global Virtual Accelerator
During this week's roundtable, we celebrated the launch of my book, Billion Dollar Unicorns, with Therese Tucker, Founder and CEO of BlackLine. Therese is a very successful female entrepreneur who followed our core philosophy of bootstrap first, raise money later. When I first met her in 2009, her company was in the $10 million revenue range. Subsequently, it has continued to grow at 50% CAGR year over year, and Therese raised private equity funding in 2013 to take liquidity for herself and her team. Today, with annual recurring revenue in the $65 million range, and continued growth at 50%, $100 million revenue is not far in the horizon. And with that, the company’s valuation will easily touch unicorn levels.
3rdVista
As for the pitches, first up, Maurice Berdugo from Los Angeles, California, pitched 3rdVista, a financial data consolidation software. Maurice needs to decide which market he wants to target: Enterprise or SMB, but in general, has an interesting value proposition.
CIO As A Service
Next, Gowtham Thotapalli from Ohio pitched CIO As A Service For SMBs, a concept for providing consulting services to SMBs on what technology to buy. The idea didn’t find much resonance in the forum. SMBs typically pay for ‘Do It For Me’ services, not advice on IT.
IsDiseaseHereditary
Then, Renee Rivard from Panama City, Panama, pitched IsDiseaseHereditary, a diet and nutrition / weight loss education program tied to personalized genetic information. The diet and nutrition program market is so crowded, I find it daunting to launch another offering in there.
You can listen to the recording of this roundtable here:
As always, I would very much like to hear about your business, so let me invite you to come and pitch at one of our free 1M/1M public roundtables. We will be holding future roundtables at 8 a.m. PDT on:
Thursday, May 7, Register Here.
Thursday, May 14, Register Here.
Thursday, May 21, Register Here.
Thursday, May 28, Register Here.
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Deputy Director Gender and Social Services
9 年Am from kenya
Office
9 年I am from india how do i support ?
Senior Pastor at CHRISTIAN REVIVAL CHURCH OF KENYA
9 年Thank you very much for the great innovation and ideas for growing a small company to millions of dollars. my question is , I can I partner with you to expand my company. I have a small company and I supply food product to rural areas . I also have a medical clinic. I request your assistance in the expansion of these business. my email address is [email protected] . I come from Kenya East Africa. I will appreciate your response.