Sramana Mitra: The point at which it makes sense to take a lot more money is if you know that if you put in $10, you’re going to make $100. There are certain companies that figure out the product-market fit and the customer acquisition strategy. If it’s something that will yield a deterministic return on
Entrepreneurs are invited to the 421st FREE online 1Mby1M mentoring roundtable on Thursday, November 1, 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
In case you missed it, you can listen to the recording here:
Karn Saroya: When it comes to segmentation, it’s exactly what you would expect. 80% of our customers are under the age of 35. A quarter of those are homeowners. We tend to get the types of folks who are accumulating assets over time. They may start with getting an auto insurance policy but very quickly
During this week’s roundtable, we had three interesting pitches from three different parts of the world. I am particularly thrilled to see Europe and Africa becoming more active on the 1Mby1M platform. The US and India have always been a big presence. TelexosPitching first, Erhard Frenholz from Weilheim, Germany, pitched Telexos, a liquid biopsy company.
Sramana Mitra: How many enterprise clients got you to 75,000 end users? Neil Vaswani: Maybe 10. Sramana Mitra: What kind of average deal sizes were you closing? Neil Vaswani: We had some big ones that were 20,000 to 30,000 employees. On average, it was something like 6,000 to 7,000 employees. We had 75,000 end users
Today’s 420th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, October 25, 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 420th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, October 25, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!