By guest authors Irina Patterson and Candice Arnold Irina: How many pitches do you receive in a month from all your sources? Mike: We get about 600 pitches. Irina: Out of all of those pitches, how many deserve a closer look? Mike: Out of 600, we’ll probably meet with about thirty or forty. And we
By guest authors Irina Patterson and Candice Arnold Mike: It’s interesting – and maybe you’ve experienced this, too – in a lot of ways, deal flow, if you’re not careful, becomes like messages in your e-mail inbox. And if you’re not careful, you find yourself becoming an efficient processor of things that don’t matter that
This week’s roundtable had two entrepreneurs from India. Now for those of you who are unfamiliar with the Indian market, it is a market that has not seen as much Internet adoption as elsewhere. Whereas China’s Internet penetration will reach 518 million this year, India’s is only about 80 million, and access is still largely
In case you missed it, here is the recording:
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Andrew Fox is the cofounder and chairman of ClubPlanet and the CEO of Track Entertainment. He has spent the past six years running entertainment and service companies. ClubPlanet is the largest and most comprehensive nightlife destination on the Internet and provides content, listings, tickets, and many other features for nightlife events in over 35 cities
By guest authors Irina Patterson and Candice Arnold Irina: What is your current source of deal flow? Mike: That’s a good question. There are quite a few, actually. Some of it just comes in naturally from business plans at Floodgate.com. We probably get about one hundred plans a week from that channel. Then we get
By guest authors Irina Patterson and Candice Arnold Irina: Who do you think will come and fill this $6 million to $8 million gap? Mike: It’s a good question. I guess you could argue that as the gap widens, you could even segment the gap itself.