Today’s 415th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Wednesday, September 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: In terms of stage, you said you do seed, Series A, and Series B, your sweet spot being Series A. What is your definition of Series A? What do you like to see if you’re ready to do a Series A investment? What do you like to see in the project? Patricia Nakache:
Today’s 415th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Wednesday, September 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!
Erich Litch: As you get to smaller companies, they tend to make company-wide decisions and want simplification. They want something that’s cheap, quick, and easy and doesn’t over complicate their lives so that they can spend most of their time focused on the business. They don’t have the liberty of hiring teams of people to
Sramana Mitra: Double-click for us on the stage question. You like to be the first institutional money in. What do you like to see? Let’s say you are doing a Series A deal. What do you like to see in it in terms of metrics and validation? What are the requirements to qualify for your
Patricia Nakache: Now there’s more of this bifurcation in the market of the haves and the have nots. We read it on the paper. We read on TechCrunch a lot about the haves. There’s probably a larger pool of companies that are having a harder time raising money probably because people have a bit of
Sramana Mitra: Can we talk a bit about the competitive map around this ecosystem? The direct competitors are Chargify and Zuora, right? Erich Litch: Since we operate in so many parts of the ecosystem, we compete with a number of different companies. In the subscription billing space, we compete against Zuora or Chargify. If you
On August 23, 2013, my Harvard Business Review article, The Problem with Incubators and How to Solve Them, was published. At the time, there were 7,500 incubators and accelerators in the market. There is a very real knowledge gap in the early stage start-up game, on both sides of the table. First-time entrepreneurs lack the seasoning to