Brescia: Bitnami reached massive scale almost entirely bootstrapped, without venture capital
Erica Brescia · 981 The Problem With 100% MarketShare · Apr 1, 2018 · at 13:50
Bitnami co-founder and COO Erica Brescia explains how cloud platform revenue allowed the application packaging company to grow without institutional VC.
0:00 / 0:06exact quote · 6.9s
720p mp4 · rendered on demand · StarZero watermark
“We're bootstrapped. That's amazing. Almost entirely bootstrapped. So that gave us a source of funding without taking on venture capital.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Erica Brescia
Brescia: Bitnami patched Heartbleed faster than major cloud vendors in some cases
“In fact, some cases we were faster at republishing our images than the cloud vendors were at rebuilding their own.”
Brescia: Bitnami packages over 140 apps across 14 platforms
“So we package over a 140 different apps for 14 different platforms, and the way we currently make money is by selling to, ah, the cloud vendors themselves.”
Brescia: Bitnami drives over one million application deployments every single month
“We have over a million deployments a month at Bitnami.”
Brescia: Bitnami rebuilt all its application images in 36 hours during Heartbleed
“When Heartbleed hit, just to give you an example of a security issue that probably everybody remembers because it was pretty painful we rebuilt all of our images in under 36 hours and had them republished to all the marketplaces.”
Brescia: Bitnami supports 9 to 10 cloud vendors, including Huawei and Deutsche Telekom
“I mean, I think we have, it's something like nine or 10 cloud vendors, and then a few other platforms we support, and a few more on the way. There are more cloud vendors, certainly, but we're working with most of them in the U.S., and now we're just starting t…”
Brescia: Bitnami converted a $1M YC note without raising a Series A
“We took a million dollars when we went through Y Combinator in 2013, and we took about a million bucks in a convertible note, which is now just converted into equity from a bunch of people who are very smart and experienced operators who now serve as kind of a…”