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Blog » Archive for July, 2018

Turning Philanthropy into a Double Bottomline Business: Ram Palaniappan, CEO of Earnin (Part 1)

Posted on Monday, Jul 30th 2018

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  When people have to live paycheck to paycheck, life can easily get unbearable. Earnin offers loans against paychecks as collateral to alleviate this incessant pressure to low income families at affordable rates. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you

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Catching Up On Readings: AI Hype in Media

Posted on Sunday, Jul 29th 2018

This feature from The Gaurdian examines the hype in the media about AI that is turning interesting research into sensational crap and leading to an AI misinformation epidemic. For this week’s posts, click on the paragraph links.

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1Mby1M Virtual Accelerator Investor Forum: With Rajul Garg of Leo Capital (Part 2)

Posted on Sunday, Jul 29th 2018

Sramana Mitra: On the B2C side, the Indian investors are investing in mostly India-facing companies. Is that also your preference or are you also doing global B2C? The counterpoint of that is when it comes to SaaS, we see Indian investors mostly interested in doing global-facing companies and not so much the India-facing companies. There

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1Mby1M Virtual Accelerator Investor Forum: With Nitin Rai of Elevate Capital (Part 2)

Posted on Sunday, Jul 29th 2018

Sramana Mitra: What about industry trends? Nitin Rai: We see a very diverse group of entrepreneurs. Between 40% and 60% are technology. On the technology side, we see SaaS, VR/AR, IoT. We see a fair amount of medical device type of companies. We see apparel. We see sports. Sramana Mitra: Let me double-click down. We

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1Mby1M Virtual Accelerator Investor Forum: With Corey Schmid of Seven Peaks Ventures (Part 4)

Posted on Sunday, Jul 29th 2018

Sramana Mitra: Is there anything else that I should have asked you? Corey Schmid: I’m curious to hear your thoughts a bit on the correction going on in the market now. Sramana Mitra: It’s way overdue. Corey Schmid: It is way overdue. It’s not a crash. I think it’s a correction, and it’s happening. One

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1Mby1M Virtual Accelerator Investor Forum: With Rajul Garg of Leo Capital (Part 1)

Posted on Saturday, Jul 28th 2018

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Rajul Garg of Leo Capital was recorded in February 2018.  Rajul Garg, Head of Investments at Leo Capital, discusses the Indian startup eco-system and his fund’s investment focus. Sramana Mitra: Let’s introduce you to

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1Mby1M Virtual Accelerator Investor Forum: With Nitin Rai of Elevate Capital (Part 1)

Posted on Saturday, Jul 28th 2018

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Nitin Rai of Elevate Capital was recorded in February 2018.  Nitin Rai, Managing Director at Elevate Capital, made a compelling case for investing in niche businesses with the upfront goal of scoring early exits.

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1Mby1M Virtual Accelerator Investor Forum: With Corey Schmid of Seven Peaks Ventures (Part 3)

Posted on Saturday, Jul 28th 2018

Sramana Mitra: If you can close deals of that size, yes. What is your value proposition in those scenarios? Let’s say your specialty is digital health. You have a company that comes to you with product market fit. Where are your relationships? Corey Schmid: We do have strong strategic and corporate relationships based on our

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