This feature from BBC covers the highlights of the 72nd British Academy Film Awards held in London on Sunday. The Favourite dominated the awards night, picking up seven awards out of 12 nominations. For this week’s posts, click on the paragraph links.
Sramana Mitra: What were the strategic nuggets of building that business? 2012 to now, what were some of the inflection points of the business? Andrew Rose: One of the early inflection points was that we had to show success.We had to prove to consumers. I’ll give you a couple of indicative examples, and you can
Sramana Mitra: So geography. You said you’ve invested in Los Angeles. You invested in New York. Are those the two places where you invest mostly or are there other places as well? Susan Stone: You know we’re pretty open within the US. Because we have that hands-on strategy, we really like to invest in places
Sramana Mitra: You said there was a chicken and egg situation. Can you double-click down on that? How did you address the chicken and egg situation? Andrew Rose: Part of it was for the early insurance companies that took the leap with us saying, “We’ll come on as your initial insurance companies.” It was that
Sramana Mitra: Interesting. There’s one more? Susan Stone: There’s one more. The last one is Canvas, which is based in New York. Canvas is the very first company that measures emotions analytically. I’m very proud of the founder Jared Feldman for really opening up that market for emotional measurement.
Let’s do a thought experiment. List all the things you want to do with your life if you had additional resources. How many of these require additional money? How much additional money do you need to acquire to afford these things? How many of these require additional time?
Sramana Mitra: Your first round of funding was from foreign investors for $100 million? Andrew Rose: That is correct. Sramana Mitra: Who were these investors?
Sramana Mitra: But I think Mighty Network is not just for entrepreneurs. I’ve talked to Gina about this. It’s also about educators who want to run their own courses and they want conversations around certain topics that they are experts in. There’re are many use cases. Susan Stone: You don’t have to use it to