INRIX: CEO Bryan Mistele on 70 VC Rejections

See and hear the interview here.

When Bryan Mistele left Microsoft, he thought INRIX would be funded within a month.  The company was venture funded–Twelve months and 70 rejections later.  Bryan says a healthy balance of persistence and naivete were essential.

Bryan says traffic cameras actually cause more accidents than they prevent.
“Venture capitalists all told us we would be crushed…now we are the leader.”

Source: Jeff Dickey, Geekwire, May 13, 2012.