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Episode Summary

This episode of our Startup Series segment features Al Wegener, Founder and CEO at Anacode Labs in a discussion with Umair Javed, CEO at Tkxel. Al walks us through his journey, what Anacode does and what it takes to run a successful tech startup in today’s cut-throat environment.

Key Takeaways

  1. Modern data centers have tens of thousands of servers and what Anacode does is, it divides the data in a thousand pieces to improve storage and security
  2. If the data is not already compressed, Anacode makes the decision to best utilize that data according to its algorithm
  3. Using compression and analytics is crucial to understanding why majority of startups fail
  4. Understanding which problem to solve first in a pool of problems is the key to running a successful startup
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