Building a startup in an accelerator, especially when connected to an open source project, is an exercise in learning about an entirely new world. That new world is Finance and Business. Not “I can start and run a business”, but exit strategies, multipliers, financial models, and N-tier reselling margins.
Heck, that doesn’t even include the finance part! It’s crazy, and fascinating, all in the same breath. Let’s talk about how hard it is, and why you’re not doing it, and why you should.
Joshua Marpet is the CEO of Bijoti, a startup dedicated to manage security for midmarket companies. He’s done just about everything, from Senior Information Security Analyst at the Federal Reserve bank of Philadelphia, to ex-cop. Bijoti is his first foray into startup security products, and it’s been a wild ride, with plenty more to come.