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Blog » Archive for March, 2015

Roundtable Recap: March 5 – Billion Dollar Unicorns with Ratmir Timashev, CEO of Veeam

Posted on Thursday, Mar 5th 2015

During today’s roundtable, we celebrated the launch of my book, Billion Dollar Unicorns, with Ratmir Timashev, CEO of Veeam. Veeam is Ratmir’s second venture, so he had some money to bootstrap with. Consequently, Veeam avoided taking any venture capital and grew organically till about $200 million in revenue. Today, Ratmir has taken some money from

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Thought Leaders in Internet of Things: Luke Schneider, CEO of Silvercar (Part 4)

Posted on Thursday, Mar 5th 2015

Luke Schneider: Transportation, as a whole, is segregating into three big buckets. There’s owned transportation, which is the traditional or conventional way. It’s what my parents did and sort of what I do where you own a car, drive a car, sell the car, and buy another one. If you own an Aston Martin, it’s

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Building a Cool Technology Company from Chicago: Narrative Science CEO Stuart Frankel (Part 4)

Posted on Thursday, Mar 5th 2015

Sramana Mitra: Then what? Stuart Frankel: This was in the Fall of 2008. Sramana Mitra: The financial crisis was coming up. Stuart Frankel: Yes. I book-ended my time at DoubleClick. Just prior to closing the transaction with Google, I liked the idea of joining another PE-backed company. I wanted to join a company that was

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251st Roundtable For Entrepreneurs Starting NOW, Live Tweeting By @1Mby1M

Posted on Thursday, Mar 5th 2015

Today’s 251st FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, March 5, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join.

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Unicorn in the Making: Avi Steinlauf, CEO of Edmunds.com (Part 4)

Posted on Thursday, Mar 5th 2015

Sramana Mitra: What I’d like to do next is to track the major strategic moves that were responsible for that growth to the extent that you can remember them. Avi Steinlauf: There are two major things that I would refer to. I sometimes refer to these as the business model and the evolution of the

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How To Evaluate An Incubator

Posted on Thursday, Mar 5th 2015

There are over 7,500 incubators/accelerators in the world. Most fail. Entrepreneurs are thoroughly confused on how to evaluate incubators and accelerators. Entrepreneurs are also thoroughly confused on why they get rejected by incubators and accelerators on the grounds of being too early. This short slide deck outlines some points you ought to keep in mind

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Building a Cool Technology Company from Chicago: Narrative Science CEO Stuart Frankel (Part 3)

Posted on Wednesday, Mar 4th 2015

Sramana Mitra: Were you acting as an agency? Stuart Frankel: We were. By 2005 or 2006, we were managing close to a billion dollars in media. Sramana Mitra: Is this a regular agency business model with 10% fees? Stuart Frankel: It was also based on performance. We took a piece of every transaction. Ultimately, that arbitrage

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Unicorn in the Making: Avi Steinlauf, CEO of Edmunds.com (Part 3)

Posted on Wednesday, Mar 4th 2015

Sramana Mitra: When all of this was happening, it was still under your father’s watch and you were doing this other stuff? Avi Steinlauf: That’s correct. It was a small business back then. He was 100% responsible for it. There were a handful of employees who worked in a virtual way. There wasn’t even an

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