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Blog » Archive for January, 2017

Thought Leaders in Artificial Intelligence: Jack Porter, CEO of Razorthink (Part 1)

Posted on Monday, Jan 9th 2017

We hear a lot about deep learning algorithms and their applications on very large data sets. This interview delves into a company and its customer base that works in that area. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company. Jack Porter: I’m the CEO of Razorthink. We

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Probability of Raising Funding

Posted on Monday, Jan 9th 2017

I run One Million by One Million (1Mby1M) – a global virtual accelerator for startups. 2017 is our seventh year. And one particular trend keeps me awake at night. Thousands upon thousands of entrepreneurs have approached us for help with their funding at a stage where their chances of getting funding is ZERO. We can’t

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Managing a Successful Pivot from B-to-C to B-to-B: Jifiti Co-Founder and CMO Shaul Weisband (Part 1)

Posted on Monday, Jan 9th 2017

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Jifiti started life as a B-to-C gift-giving service. That didn’t work. Read how they maneuvered their way to a successful B-to-B business. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what

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Catching Up On Readings: CES 2017

Posted on Sunday, Jan 8th 2017

The annual Consumer Electronics Show 2017 was held in Las Vegas last week. This feature from Engadget presents its version of the best of CES 2017 including the best startup, accessibility tech, gaming product, wearable, home theatre product, connected home product, drone, and innovation. For this week’s posts click on the paragraph links.

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 7)

Posted on Sunday, Jan 8th 2017

Sramana Mitra: You talked about working with a syndicate on AngelList. Did 500 Startups introduce you to the AngelList syndicates personally, or did you do that cold? Zvi Band: We did a very good job of building relationships with our customers. One of our customers said, “Hey, I actually know someone who’s a part of

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Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 7)

Posted on Sunday, Jan 8th 2017

Sramana Mitra: Who was this angel investor? Ryan Caldwell: I don’t have the permission to mention him by name. He’s a rather private person. I had worked with him in the past. He invested in a previous startup of mine. We had a good working relationship. He was familiar with me and my management style.

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Raising Funding on AngelList: Contactually CEO Zvi Band (Part 6)

Posted on Saturday, Jan 7th 2017

Sramana Mitra: Let me get a couple of specifics there. What was the price point that you settled on? Zvi Band: We’ve continually changed our prices. When we first launched, we charged $10 a month. By the beginning of 2014, we charged $20 and $40 a month. Sramana Mitra: What does that mean? Zvi Band: We had

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Building a Fast Growing FinTech Company from Utah: MX CEO Ryan Caldwell (Part 6)

Posted on Saturday, Jan 7th 2017

Sramana Mitra: The first hundred that you closed, were you able to close them on the phone? Ryan Caldwell: Yes. We had to visit some people but, we were able to close most of them over the phone. Sramana Mitra: Teleweb sales, yes. Of the people that you closed in that first wave of going

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