Luis Gutierrez Roy, Managing General Partner of Telegraph Hill Capital, discusses his firms’ investment thesis. The fund provides Spanish Limited Partners access to investment opportunities in the US and Europe.
Sramana Mitra: My last trend question is B2B versus B2C. It sounds like it’s largely a B2C entrepreneur pool.
Eghosa Omoigui: Actually, it’s the other way around. That has some correlation with the difficulty of access to capital. What you find is that more entrepreneurs are entering businesses where their path to revenue is much shorter.
No one is going to give you three years of financing to go out and build a customer base and not monetize. We’ve done a few consumer plays, but many investors favor B2B.>>>
In case you missed it, you can listen to the recording of this roundtable here:
Entrepreneurs are invited to the 450th FREE online 1Mby1M mentoring roundtable on Thursday, July 18, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 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.
You can learn more here and register to pitch or attend here. Everyone who registers will receive a recording of the event. Please share with any entrepreneurs in your circle who may be interested. All are welcome!
Emergency notifications provider Everbridge (Nasdaq: EVBG) has recently announced that it has been awarded the contract for deploying Australia’s national early warning system. This news coupled with a strong first quarter has seen its stock soar to all-time high levels. Its valuation has soared almost ten times since its IPO in 2016.>>>
Sramana Mitra: How do you charge?
Loris Degioanni: We charge based on the number of machines that they need to manage with our platform. It’s the typical function of the number of servers that you’re running.
Sramana Mitra: What is the next milestone after you started monetizing? What are some of the major milestones based on this model that you came up with?>>>
This feature from CryptoNewsZ covers the highlights of the PITCH competition for startups at the 2019 edition of the RISE conference held in Hong Kong last week. For this week’s posts, click on the paragraph links.>>>
Eghosa Omoigui: Education is a very significant issue. These markets are growing very quickly. Nigeria is adding 26,000 babies every day. Education and how you create a pathway to households is a key part of this.
We invested in a company called Kukua, which is based out of Nairobi. What they built is a platform for early age education on STEM. There’s a heroine and she loves STEM.>>>