Hannu has done three companies, including the one that he is doing now – Verto Analytics. We love stories of successful entrepreneurs from different parts of the world, and this one, from Finland is a wonderful one! Sramana Mitra: Tell me where you come from, where you were born, raised, and in what kind of
Sramana Mitra: Absolutely. Serendipity and luck are very big drivers in entrepreneurial success. People who don’t acknowledge that are basically fooling themselves and aggrandizing themselves in undeserved ways. Allan Wille: That was an easy lesson. I’ll give you another example. The lesson there was, “we were not making any money, and here was an opportunity
This feature from TechCrunch covers its selection of the most promising startups selected to launch in this year’s batch of Y Combinator’s accelerator program. For this week’s posts, click on the paragraph links.
Jason Lemkin, prior to becoming a VC, was the CEO of EchoSign, a digital signature SaaS vendor that Adobe acquired some years back. This was an excellent discussion and offers very concrete pointers to where you might look for white spaces in the cloud computing space to do new ventures.
Bryce Roberts, Managing Director, O’Reilly AlphaTech Ventures (OATV), and Founder, Indie.vc, discusses the issues with the venture capital financing model, and explored alternatives.
Naren Gupta, co-founder of Nexus Venture Partners – a firm with an excellent track record of investing in the Silicon Valley – India corridor, but with a global market point of view – shares his insights, nuggets, and interesting wisdom. He is a veteran investor who is also strikingly polite and humble.
Sramana Mitra: Your company seemed to have somehow found its stride, but you left. When you left that company, what did you do next? Allan Wille: It’s a long story. I’ll put out some of the highlights. We started Klipfolio in the fall of 2001. At that time, since all I knew was the funding scenario, the
Sramana Mitra: Very typical overfunding, lack of discipline story. Allan Wille: It really is. I don’t think we’ve seen that kind of feverish pitch to the same degree. We saw IoT and Big Data, and now we’re seeing the same thing with AI. I think there’s a lot of money being thrown at some of these companies, perhaps, prematurely.