According to an artprice report published last year, the global art auction turnover was estimated at $6.9 billion for the first half of 2017. The market is dominated by the US, which accounted for $2.2 billion for the period. China came a close second with $2 billion in turnover. Emerging markets of countries like India did not even feature on the top ten markets. But, Mumbai, India-based Saffronart, is trying to make a difference.
Sramana Mitra: What was the concept around which you started this company?
Anthony Ferry: When we formed the company, it was a traditional consulting company where we wanted to build solutions for various industries. We also wanted to build software products and have our feet in the fire out there to understand what the needs of the industry were at that time to come up with those ideas. Consulting business was doing very well and growing very fast.
Sramana Mitra: What area were you consulting in? I am gathering that you are telling a story of
During this week’s roundtable, we had as our guest Yanai Oron, General Partner at Vertex Ventures, who took us through his firm’s investment focus on deep technology ventures in Israel. The discussion includes an excellent window into how VC firms have different arithmetic depending on their size and structure.
As for the entrepreneur pitches, Mark Jennings from London, UK, pitched Subba-Cultcha.com, a Tripadvisor style music review and rating platform spanning live and recorded music. Very interesting idea, that needs to be bootstrapped to fundability, a chicken and egg situation that every entrepreneur has to navigate.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Rehan Yar Khan was recorded in September 2016.
Rehan Yar Khan is General Partner at Orios Venture Partners, and an early investor in the Indian startup scene. Rehan’s core focus is on the Indian consumer opportunity, and that is what we focus on in this discussion.
Sramana Mitra: Let’s start by telling our audience a bit about your fund and your investments in recent years.
Rehan Yar Khan: We are an India-centric venture capital fund. I’ve been an investor for the last 10 years. I set up the fund >>>
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Ron Heinz was recorded in May 2017.
Ron Heinz, Founder and Managing Director at Signal Peak Ventures, a venture firm operating mostly in the Rocky Mountain corridor, discusses what’s happening in Utah, as well as Colorado and Arizona. We’ve covered a number of companies from that area including Pluralsight, InsideSales, Steals.com, Ping Identity, and InfusionSoft. Today, there are over a thousand funded startups in those geographies. Bootstrapping runs heavy in the startup culture of the region.
Sramana Mitra: Let’s start by having you tell us about Signal Peak Ventures. >>>
Today’s 390th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Wednesday, March 14, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 390th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Wednesday, March 14, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
According to Gartner, the global application performance monitoring (APM) market is estimated to grow to $5.6 billion by 2020. Billion Dollar Unicorn New Relic (NYSE: NEWR) recently announced its third quarter results. The market is extremely pleased with the company’s performance.