Sabeer was working as a programmer and had a personal problem with accessing his email.
He decided to start a business and to his surprise, it grew very fast signing up millions of users.
He eventually sold it for $300+ million.
What you could learn from this episode:
- How his heartbreak became the genesis to start his business.
- How he met his co-founder at his work.
- What his first business was and why he started it.
- How a restriction at his workplace allowed him to come up with the idea for Hotmail.
- Why he decided to work full-time and work on his business in the nights and weekends.
- When it was time for one of them to be full-time, what did they do to meet both their expenses.
- Why they were scared to share their idea with VC’s.
- How they raised money while still hiding their idea.
- How adding one line in the email catapulted Hotmail.
- How they decided between charging users or keeping it free.
- How their partner saw their growth and copied them and what they did.