Today’s 407th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, July 19, 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: I think there is a lot of garbage and a few good ones. What are your pointers for people who are trying to understand good ICO examples? What are ones that you consider are good credible ICO’s? Andrew Romans: Rahul Sood was the head of Microsoft Ventures. I knew him there. He left
Today’s 407th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, July 19, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
The state of Delaware has been working with 1Mby1M to stimulate entrepreneurship. Here is a wonderful success story from the region. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Ye Zhang: I was born in China. I
Sramana Mitra: For a B2B business, getting to hundred customers is not an easy thing to do. Gaurav Jain: For B2B, if they’re paying you $10 a month, getting 5000 customers is not hard. If you’re charging $10,000, maybe one or two is great. Sramana Mitra: Quickly, what about geography? Are you US-focused? Gaurav Jain:
The startup financing game has changed. Seed funding used to be the harder round to get. But right now there are 500 to 600 micro-VCs in the market who are funding tons and tons of companies at the seed stage. The numbers are 50,000 to 70,000 seed financing a year, while Series A financing per
Sramana Mitra: The only danger I’m seeing in what you’re saying is there are a lot of artificially-bloated billion-dollar valuation companies out there. Your point is well-taken that showing that you can get to these high valuations and up round is great for your LPs. Some of it right now is also distorted just because
Sramana Mitra: What are the broad trends that you see in your network? Ross Elliott: The biggest single trend is, we see people beginning to recognize that they need to distribute their product both through traditional channels and through emerging channels. The overwhelming scenario is to go through more than one channel. Oftentimes, you’ll find