The ride-sharing industry is going through an overhaul with the rapid emergence of bikes and scooters to address the demand for “micro-mobility”. According to CB Insights, more than 60% of US trips are made within the 0-5 mile distance. There is a growing demand for bike and cycle sharing services to solve the first and last-mile problem of providing rides from and to the transport hubs. It is this growing demand that has shot players like Lime into the Billion Dollar Unicorn club.
Matthew Sappern: Where computers are so helpful with that, as you can imagine, is computers don’t get tired. They’re not getting coffee or arguing with someone. They look at the same series of data the same way every time. Once we figured out the ability to interpret these waves, we’re able to let the doctors or nurse know when there’s an issue at hand. >>>
I have been talking about the applications of AI on Healthcare IT problems. Here is a great case study.
Sramana Mitra: Let’s start by having you introduce yourself as well as PeriGen to our audience.
Matthew Sappern: I’m the CEO of of PeriGen. PeriGen is a software developer. We make software as a medical device. We’re FDA-cleared. Our primary goal is to build software that helps clinicians prevent adverse outcomes in childbirth, which is a pretty important task.
Sramana Mitra: Double-click down on that and explain what exactly are we talking about. Give us a use case and talk us through how this works. >>>
Kara Weber: I talked about a female-founded company in LA and a female-founded company in New York. We don’t just invest in companies founded by women but 65% of our companies have female founders. Today, I’m going to focus on female-founded businesses.
Riveter is a Seattle-based company with locations in Seattle and Los Angeles. Riveter is a female-forward co-working space and community designed by women for everyone. It’s this incredible new addition for women who are starting businesses, running their own businesses, doing creative work, and running companies. They’ve got three locations in Seattle. They now have two in Los Angeles.
All of those locations have very quickly not only attracted lots of members who do co-working but fantastic events. Jane Fonda has held a couple >>>
According to a Coherent Market Insights report published earlier this year, the global cryptocurrency mining market is estimated to grow at 30% CAGR from $610.91 million in 2016 to $38.38 billion by 2025. The market is dominated by China’s Billion Dollar Unicorn Bitmain, which recently filed to go public.
Entrepreneurs are invited to the 425th FREE online 1Mby1M mentoring roundtable on Tuesday, December 18, 2018, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
Sramana Mitra: How has you blog content strategy changed as you morphed from writing about entrepreneurship to travel?
Matt Wilson: We ended up selling Under30CEO.com. We then decided to completely break off into a new content strategy and into a completely separate business. It’s time for us to move on. I was running Under30Experiences and Jared O’Toole, my partner, was running Under30CEO.
We had to make a decision. Do we want to have two smaller companies or do we want to do one thing really well? We were able to sell one company and invest the money into the second company. We struggled for a long time, we were just two guys who were running a website and living at home with their parents. Luckily, our website has lots of things to buy now.
Sramana Mitra: If you’re good with content and if you can use content marketing to market something that you’re actually
Sramana Mitra: You said you got involved before anybody else because you met this person long back. You resonated with what they were saying. At what stage did you write the check?
Kara Weber: I wrote the check at the pre-seed stage.
Sramana Mitra: This is one of the exceptions where you did do pre-seed.
Kara Weber: She was a rare exception in a couple of ways. I did pre-seed, but she actually already had paying customers. She was able to invest on her own and get her first customers. >>>