I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Basque House
Basque House | Sramana Mitra, 2018 | Watercolor, Pastel, Brush Pen | 9 x 12, On Paper
Camilla Ley Valentin, Co-Founder of Queue-It, tells a wonderful story of capital-efficient entrepreneurship, including scaling a company born in Denmark that now has 40% of its business in the US.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?
Camilla Ley Valentin: I come from a creative family. My father was a child TV star back in the 70’s and 80’s, which was when I was born in 1973. At that time, you can imagine that there weren’t many TV stations in Denmark where I’m from. We were part of a mini celebrity family and worked a lot in the entertainment industry.
Sramana Mitra: Let’s do one example from your rocketship portfolio that illustrates more of what you’re doing today.
Anand Rajaraman: I’ll give you an example from India. We are an investor in Moglix. It’s a company based in Delhi. They are in the B2B e-commerce space.>>>
During this week’s roundtable, I worked with five entrepreneurs.
First up today was Anandth Shoban from Chennai, India, pitching Ouja,
a hyperlocal delivery service. Anandth plans to do other services like taxi,
etc. which I discouraged him to get into. One business is hard enough to build. Focus is of paramount importance.
Next, Thomas Jones from Falmouth, UK, pitched Constructiv, a construction industry recruitment portal for the UK. I like the focused approach.
Then Zachary Silverzweig from New York, NY, pitched Tiny, an innovative approach to teaching kids how to read English. I really like the concept and the focused approach.
Netflix (Nasdaq: NFLX) recently reported its fourth quarter results that sent the stock falling 4% in the after-hours session. While the company outpaced market expectations on all accounts, it was the outlook that has the market worried. It appears that Netflix may really be facing the heat of competition from Disney+ and others.>>>
Today’s 469th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, January 23, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. Password is: startup All are welcome!
Sramana Mitra: Did Facebook come to you or did you go to them?
Anand Rajaraman: A bit of both. At that point, they already had Peter Thiel’s money. He was the only investor at that time. They had just launched at Harvard and Stanford.
Within those universities, we could see the growth. At that time, Zuckerberg wanted some advice that Venky and I were in a unique place to give him. He connected with us through a mutual acquaintance at that time.>>>
Today’s 469th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, January 23 at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. Password is: startup All are welcome!