In this episode, I talk with the Co-Founder and CEO of Passageways, Paroon
Chadha. Passageways is in the secure enterprise collaboration space, which
has 2 product lines. One of the products is Ensemble, an employee
collaboration software that allows employees to engage with each other. The
other product of Passageways is On Board, a board collaboration software
that pulls together a paperless and seamless experience for board members
and executive committees.
“From board room to the break rooms, collaboration software is where we
live.
— Paroon Chadha
Paroon explains how he and his co-founder started in the credit union
industry. They received a seed investment from a credit union, and the
company quickly became one of the fastest growing companies in that space.
They then transitioned to community banks, and grew to a total of five
verticals.
Topics in the episode
* Transitioning from boot strapping to receiving funding
* Growing from one market into others that are adjacent
* How to operate both horizontally and vertically
* Customization of the products within each vertical
* Getting key tactical and strategic support from the board
* Building an international office based on the needs of the market
* Utilizing the products within your own company