Deepak Goel

speaker
124 appearances 1 recordings 1 series first heard Aug 2016 last heard Aug 2016

Deepak Goel’s voice in public audio — every appearance, attributed to the second.

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So that is actually it is not for just business schools.
It is for corporates as well.
And it is for any kind of organization which does professional networking.
So when you are talking about corporates like Microsoft or Google, we are talking about 10 to 20,000 employees per month, per year, per user.
So then the contracts will be much, much larger.
That's not true because every company has...
There are around 100 million professionals on LinkedIn.
Every one of them is part of some company or some business school or some university.
So we could actually, if we get them all, we are looking at around half a billion to $1 billion revenue per year.
Yammer got valued at $1 billion, I think five years back or six years back, and that is exactly the customer base we are going after.
Yeah, we have raised money from six angel investors.
How much?
Just $100,000.
Okay, $100,000.
Yeah, 20% discount and a $3 million cap.
Actually, no.
I think it was 4% or 5%.
So we are six people.
Five of them are actually in India.
So our burn rate is around $3,000 per month because the engineering team is entirely in India.
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