As the TEC program is unfortunately getting closer to its end, we had another great group of speakers come in to talk to us at the True headquarters at Pier 38. This week’s speakers included SocialCast founder Tim Young, GigaOM CEO Paul Walborsky, and True Partner Puneet Agarwal. Although quite different in style, all three [...]

Like the prior weeks, week six had a number of highlights for me. First of all, I finally discovered the usefulness of Twitter when I came across a tweet by fellow TECster Stephanie Parker mentioning a very interesting article from Business Week’s Sarah Lacy about SendMe’s recent success. Forwarding the link to John and the [...]

As week five went by even faster than the prior four, I spent my days at SendMe learning more about the overall revenue model and how the payout rates from the carriers are determined by a number of compliance checks. Since revenues from ringtone and gaming subscriptions still only make up a small fraction of [...]

At SendMe, I started off my fourth week by further working on a financial model and optimizing our forecasts by analyzing the Accounts Receivable aging. During this process I gained a better understanding of the net working capital involved in the daily operations of SendMe and how startups can finance this through Accounts Receivable borrowing. [...]

During my third week at SendMe, I have continued working on preparing a dashboard summary of the revenue and marketing cost data for the daily 11am meeting with all the executives and different members of the marketing group. Being allowed to sit in on all of these meetings, I found it rewarding to see how [...]

This week, we got together at Pier 38 for our first afternoon at the True Headquarters. Although I have previously had the opportunity to study and meet with a number VCs as part of a field study course at BC, I was able to learn a lot from Jon who gave us some great insight [...]

Hello there! My name is Alex Mielke and I am a rising Junior at Boston College studying Finance and Info Systems. During this internship, I am working with SendMe Mobile splitting my time between Finance and Operations. As this first week has gone by in no time, one of the things that I have noticed [...]