Thought Leaders In Cloud Computing: Steven Smith, President And CEO, Gcommerce Inc. (Part 3)

By Sramana Mitra and guest author Shaloo Shalini SM: What you delivered to the Automotive Aftermarket Industry Association was a metadata structure of sorts? JP: Yes, exactly. SS: In terms of business model, we built ours on the reverse market adoption model. Once we realized that the legacy messed up this process and that making

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1M/1M Strategy Roundtable For Entrepreneurs On October 14

Entrepreneurs looking to discuss positioning, financing, and all aspects of a startup venture are welcome to attend the next FREE online strategy roundtable for entrepreneurs with Sramana Mitra.  The roundtable will begin at: 11 a.m. EDT/8 a.m. PDT/8:30 p.m. IST on Thursday, October 14, 2010.  Please join us and let other entrepreneurs know. You can find

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October 7 Roundtable Poll Winner

Rajan Chandi’s Hireplug was chosen the best business of those presented at yesterday’s roundtable through a poll on our Facebook page. Congratulations! In case you missed it, you can read Sramana Mitra’s roundtable recap here.

Building India’s Amazon: Flipkart CEO Sachin Bansal (Part 5)

Sramana: Internationally, the book industry is going through huge changes. Now that you have years of experience in the book industry, what are you hearing in terms of dealing with e-books and e-readers? Amazon expects that e-books will overtake paper books in the near future. Sachin Bansal: I have been following that, but as I

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Roundtable Recap: October 7 – Try To Get At Least $2M Pre-Money In Seed Round Valuation

At today’s roundtable we had some interesting companies and a lot of fund-raising discussions, and I will review them shortly. Before I do, however, I want to talk about a thumb rule that I’d like to propose to entrepreneurs about raising money. Bottom line, early stage equity is very, very expensive. So at any point,

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Seed Capital From Angel Investors: Ira Weiss, Hyde Park Angels (Part 2)

By guest authors Irina Patterson and Candice Arnold Irina: Could you be more specific about the fees? Ira: What I mean is that some groups may charge a carry or a management fee. We don’t do that. Our underlying legal structure is a state nonprofit and whenever we make these investments. For example, we have

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Seed Capital From Angel Investors: Elizabeth Marchi, Frontier Angel Fund (Part 3)

By guest author Irina Patterson Irina: On average, from all the sources, how many pitches do you receive a month? Liz: I’ve been keeping a running tab this year just out of my own interest, and I’m talking to about 20 entrepreneurs a month. But when our fund meets, we usually have wind it down

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Thought Leaders In Cloud Computing: Steven Smith, President And CEO, Gcommerce Inc. (Part 2)

By Sramana Mitra and guest author Shaloo Shalini SM: Let me drill down a bit more into some of the things you said. What is the total number of parts that you mentioned are in the automobile aftermarket industry? SS: Three million are highly active ones out of 10 million parts.