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Blog » Archive for August, 2018

Thought Leaders in Financial Technology: Jeremy Almond, CEO of PayStand (Part 3)

Posted on Saturday, Aug 4th 2018

Jeremy Almond: We have another product where most of the time when a payment that needs to be authorized goes beyond a certain amount, there are controls in place. Maybe your accounts payable clerk can pay bills under $10,000. For over $10,000, it needs to go to the controller. Over $50,000, it needs to go

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Scaling to $10M ARR with a Virtual Company: Fred Plais, CEO of Platform.sh (Part 4)

Posted on Saturday, Aug 4th 2018

Sramana Mitra: What was the pricing model for this product? Fred Plais: It’s a yearly subscription which includes the old product. You’re getting your hosting part of the subscription but you also get all the DevOps workflow that comes with this. For a price starting at $15,000 per year, you get hosting capabilities, 24/7 support,

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Thought Leaders in Financial Technology: Jeremy Almond, CEO of PayStand (Part 2)

Posted on Friday, Aug 3rd 2018

Sramana Mitra: My question also is, what is the value proposition versus direct deposit? Jeremy Almond: In the US, you have effectively three ways to get paid if you’re a business. All three of these are systems that were built before the internet. The first way is paper check. As consumers, we don’t use them

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409th Roundtable Recording On August 2, 2018: With Dafina Toncheva, US Venture Partners

Posted on Friday, Aug 3rd 2018

In case you missed it, you can listen to the recording here:

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Tuesday, August 7 – 410th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Aug 3rd 2018

Entrepreneurs are invited to the 410th FREE online 1Mby1M mentoring roundtable on Tuesday, August 7, 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

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Scaling to $10M ARR with a Virtual Company: Fred Plais, CEO of Platform.sh (Part 3)

Posted on Friday, Aug 3rd 2018

Sramana Mitra: In 2015, you decided to create this cloud stack. Then you started getting traction with other customers like Magento. How did you get to that? What gave you the idea of building that stack? Fred Plais: We were involved in several e-commerce projects where things were failing because of DevOps. It was always

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Roundtable Recap: August 2 – Conversation with a Successful Woman Venture Capitalist

Posted on Thursday, Aug 2nd 2018

During this week’s roundtable, we had as our guest Dafina Toncheva, Partner at US Venture Partners, an expert in Cyber Security. We discussed a variety of topics including the shifting of Series A metrics to $2M-$3M ARR for SaaS companies. You can listen to the recording of this roundtable here:

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Thought Leaders in Financial Technology: Jeremy Almond, CEO of PayStand (Part 1)

Posted on Thursday, Aug 2nd 2018

The B2B digital payment space is changing. Listen to Jeremy discuss the developments. Sramana Mitra: Let’s start by introducing our audience to yourself as well as PayStand. Jeremy Almond: I’m the Founder and CEO of a company called PayStand. PayStand is a B2B digital payment network. What Venmo does for consumers, we do for commercial

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