Company Stats:

• Original Company Founding Year (Europe): 1992
• Founding Year (US): 2006
• Annual Revenue: About $40 million
• Number of Employees: 800

Episode Highlights:

• ✅ Dejan Nenov leverages decades of experience to drive Panaton's success, achieving $40 million in revenue with a team of 800.
• ✅ Panaton's growth, driven by original founders since 1992, exemplifies the power of long-term partnerships and organic development.
• ✅ Nenov's venture into the medical diagnostic space with Luventix showcases his commitment to leveraging technology for significant healthcare advancements.

Episode Summary:

In this episode, Dejan Nenov, founder of Panaton, delves into the remarkable journey of growing a custom software company to a $40 million enterprise with 800 employees. Starting in 2006 in the US, and rooted in a European company founded in 1992, Panaton exemplifies innovation and resilience. Nenov's approach to business, emphasizing trust, longevity, and the value of friendships, underpins the company's success. His foray into the venture investment space and the founding of Luventix, a startup in the medical diagnostic field, further illustrates his dynamic approach to entrepreneurship. With a focus on AI and machine learning, Luventix aims to revolutionize medical testing, demonstrating Nenov's commitment to making a meaningful impact beyond the software industry.

Chapters:

00:00 Intro

00:08 Company Stats

01:19 The Silicon Valley Dance

01:58 Persistence and Learning from Failure

03:31 The Value of Mentorship

05:40 Innovating Healthcare with Luventix

08:21 How to Connect with Luventix