This feature from Medium analyzes the exits of venture funded companies over the past decade and concludes that only 4% of them gave a return of over 10X. For this week’s posts, click on the paragraph links.
Sramana Mitra: Do you want to talk about a couple of companies that you’ve invested in that you are particularly excited about? What are they doing? What value proposition are they providing? What are they experiencing in penetrating the market? Rahul Chandra: We are saving some of the new names from Unitary for a formal
Sramana Mitra: Geographically, are we talking about non-major metros now? Rahul Chandra: We are talking about the next 50 towns and cities. Especially if you travel there, you see the change happening. There is certainly a need to change the mindset of a VC while thinking about customers in these parts.
Rahul Chandra: Our thesis, of course, changed in 2011 but it was multi-faceted. We were investing more similarly to a Silicon Valley fund which is consumer enterprise and consumer internet specifically. These are fairly broad terms. Since you know both sides very well, you know that the depth you can get to in a particular
Entrepreneurs are invited to the 457th FREE online 1Mby1M mentoring roundtable on Thursday, September 19, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/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
Adding to our incredible roster of stories of entrepreneurs who have bootstrapped decisively, Rob Purdy’s is an incredible journey of a precise execution. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and what kind of background? Rob Purdy: I was born in Ontario, Canada.
During this week’s roundtable, we had a comprehensive discussion about a small services business that is already in revenue. Unlike many in the industry, I am a big fan of services businesses because they provide excellent bootstrapping capability. If you build a strong services business, you create for yourself options. You can use the services
Sramana Mitra: My question was, is your AI at a point where people can be replaced with software? Javed Muhammedali: I don’t believe so. I’ll explain it like this. If you have a car and it has the side mirror warning, front mirror warning, and backup cameras, is there a hypothetical scenario where you can