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.
Amazon (NASDAQ: AMZN) recently reported its fourth quarter results that beat analyst estimates. However, AWS, its cloud segment failed to impress analysts.
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
Earlier this week, Google’s parent Alphabet (Nasdaq: GOOG) reported its fourth quarter performance. While the company surpassed market expectations for the quarter, rising costs and lower advertising prices are hurting its profits. The market was not happy, and in the after-hours trading session, the stock fell 3%.