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Blog » Archive for May, 2017

1Mby1M Deal Radar 2017: The BroBasket, Camarillo, CA

Posted on Tuesday, May 9th 2017

The BroBasket is an e-commerce site that offers customizable alcohol themed gifts baskets geared towards men. It caters to the undeserved niche of unique gift baskets filled with things guys love, including their favorite beer, spirits, and/or wine. Launched in December of 2014, The BroBasket has grown from fulfilling a handful of orders per month

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Thursday, May 11 – 352nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Monday, May 8th 2017

Entrepreneurs are invited to the 352nd FREE online 1Mby1M mentoring roundtable on Thursday, May 11, 2017, at 8 a.m. PDT/11 a.m. EDT/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 1)

Posted on Monday, May 8th 2017

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Bonanza has scaled to over $75 million in revenue with just $1 million in funding. It was bootstrapped for several years before a penny of external financing was raised. Amazingly crisp execution. A must-read story of how a two-sided marketplace was masterfully seeded and scaled. Sramana

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Is Venture Capital Needed to Grow Fast?

Posted on Monday, May 8th 2017

Do you need Venture Capital to grow fast? Conventional wisdom says yes. VCs would like you to believe yes. But it’s not true. Watch this inspiring 1 minute video and learn why:

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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 1)

Posted on Monday, May 8th 2017

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Sal has bootstrapped Gateway Classic Cars to over $10 million in revenue. Another great story of how a two-sided marketplace was masterfully seeded and scaled in a niche market. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were

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Catching Up On Readings: Elections in France

Posted on Sunday, May 7th 2017

Emmanuel Macron has been elected as the president of France. This feature from TechCrunch looks at how technology has changed politics and political campaigns, in particular. For this week’s posts, click on the paragraph links. 

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Thought Leaders in Artificial Intelligence: Josh Sutton, Data & Artificial Intelligence Global Head at Publicis.Sapient (Part 7)

Posted on Sunday, May 7th 2017

Sramana Mitra: There’s a clear trend of these more complex plumbing of the AI systems becoming available as platforms and then abstraction layers being created such that AI can become a lot more ubiquitous. Where would you start a new company today if you wanted to do something in AI? Josh Sutton: Where I would

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Thought Leaders in Artificial Intelligence: Josh Sutton, Data & Artificial Intelligence Global Head at Publicis.Sapient (Part 6)

Posted on Saturday, May 6th 2017

Sramana Mitra: Very good. Very helpful interview. I’m finding it helpful to calibrate. I know all of these people but things are evolving. I know Michael who’s the CEO of Cycorp. Josh Sutton: Michael is the CEO of Lucid. Doug and Steven are the CEOs now. There are two other use case that are probably

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