Earlier this week, Google’s parent, Alphabet (Nasdaq: GOOG) reported its first quarter results that, surprisingly, missed market estimates and sent the stock tumbling. A slowdown in the revenues caused the stock to fall 9% post announcement, making it the worst day for the stock since 2008.
Today’s 442nd FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, May 2, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 442nd FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, May 2, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: There’s another company that I encountered. It was an Australian company that also did very well starting in Australia. It was also this mobile temporary workforce management type of thing. Have you seen this company called Deputy? Mark Selcow: Yes. Deputy has done really well. Sramana Mitra: Yes. I love these kind of
Kyle Nakatsuji: The fortunate thing for us is that car insurance is a $230 billion per year market. The fact that one person who didn’t know us wanted to buy was an indication that lots of people we didn’t know would do the same. So we ended up immediately growing pretty quickly, faster than we
Sramana Mitra: Let’s talk about some examples of what you have invested in. In particular, talk about when you encountered the company. At what stage did you invest? What did they have that convinced you that this is a really interesting opportunity that you would like to bet on? Mark Selcow: Skedulo is a company
Last week, cloud-based enterprise services provider ServiceNow (NYSE: NOW), announced its first quarter results that outpaced market expectations and sent the stock soaring. ServiceNow’s stock has soared 275% in the last three years and 28% in the previous quarter alone. Analysts expect its price rise to continue in the next twelve months with some forecasting
Sramana Mitra: What did you do by way of financing? This doesn’t sound like something that was self-financed. You probably started with financing. Kyle Nakatsuji: We did. Right when we were getting started, we raised a seed round of about $2 million. About six months later, we raised another $9.5 million. Sramana Mitra: Is this