Sramana Mitra: The next thing I would ask you is what was the process of fundraising? Were you fundraising in Germany? Where did you go out to raise money and what was the thinking? Gero Decker: We started getting inbound requests from investors pretty early on. We also got acquisition requests pretty early on, but
Entrepreneurs are invited to the 395th FREE online 1Mby1M mentoring roundtable on Wednesday, April 18, 2018, 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
During this week’s roundtable, we worked with one business in depth. BidCRM Srimanta Jana from Danville, California, pitched BidCRM, a software that has been built with no custoemr input for a couple of years. It combines CRM, e-commerce, marketing automation and other functionality, and has a completely flawed positioning, go-to-market strategy, business model, pricing, etc.
Eric Benhamou: A third trend is the fact that we are now moving, very fast, to the world of mobile commerce where many transactions are being carried out. Apple Pay is going to change the game. Nevertheless, you still have other opportunities for cybercrime. The point is mobile commerce continues to have a very steep
Sramana Mitra: Let me try to parse what you are saying. In some cases, you go after Latin American companies where you can add value by introducing them into your Silicon Valley network. That is one of your value propositions to Latin American companies in the pre-seed stage. That’s one sector. You just provided an
Today’s 394th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, April 12, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 394th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, April 12, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: This first customer went through. You got paid. What happens next? Gero Decker: Then we started building a real organization. We hired our first sales guy. We went from a company that was four people with interns to 15 people over the course of 12 months. The interesting that we had for me