You have, presumably, read my recent article Bootstrapping to Exit. As a follow-up, let me offer you some case studies. From Freshworks Has Acquired Nine Capital Efficient Startups: All the nine acquisitions by Freshworks have been for undisclosed amounts. Cloud-based video collaboration platform 1CLICK, acquired in 2015, was founded in 2012 and had raised an
Connected devices are everywhere and will soon also be implanted in our bodies. This poses an enormous security challenge. Joe and I discuss the open problems and some partial solutions, including where there are opportunities for new entrepreneurs. Sramana Mitra: Let’s start by introducing our audience to yourself and to Armis.
Sramana Mitra: Are you shooting for unicorns? Navid Alipour: While we certainly wouldn’t shy away from getting home runs with unicorns, our business model is to stay with that baseball analogy. We want to be able to make money for ourselves and other co-founders by hitting singles and doubles. Your traditional venture fund invests in
For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our bi-monthly and informal group meetups. If you are living in the San Francisco Bay Area or are just in town for a visit, we hope you will add these meetups to your calendar and join us. Pre-registration is required,
In case you missed it, you can listen to the recording of this roundtable here: 432nd 1Mby1M Roundtable Feb. 20, 2019: With Swapna Gupta, Qualcomm Ventures
Sramana Mitra: How much money have you raised? Camilla Ley Valentin: Original funding from the seed/incubator ended up around $500,000 to $600,000 depending on the currency rate. We bought those shares back from the fund and then we actually turned around and sold them to a number of business angels here. Then we’ve added a
During this week’s roundtable, we had as our guest Swapna Gupta, Senior Investment Manager, Qualcomm Ventures, who explained the firm’s investment strategy. ZodhyaAs for entrepreneur pitches, up first we had Rohith Pallerla from Hyderabad, India, pitching Zodhya, a hardware device that optimizes energy consumption in commercial air-conditioning systems. Zodhya already has paying customers. However, the
Sramana Mitra: What constitutes the profile of a founder that you would want to found a company with? Navid Alipour: If it’s not a corporate founder, whether it’s a very large public insurance company or a private advertising company, it’s usually going to be a scientist, academician, or entrepreneur. They have a certain domain of