Sramana Mitra: If you were to assess, how many enterprise software companies that fit your thesis are operating in the market currently? What would be that number? Is it like thousands of companies? Tens of thousands of companies? What are we talking about? Arihant Patni: We definitely have thousands of companies. This is in the
During this week’s roundtable, we had as our guest Michael Smerklo, Co-founder and Managing Director at Next Coast Ventures. We discussed some of the ventures his firm has invested in and the philosophy in general. XTend Online As for the entrepreneur pitches, up first we had Chris Ziomkowski in Klong Luang, Thailand, pitching XTend Online,
Sramana Mitra: Let’s say a company in your portfolio has reached a certain level of critical mass, let’s say $50 million in revenue. They want to acquire other SaaS companies that may be able to give them a second or third product that is adjacent, and can leverage the channel. How do you think about
Today’s 439th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, April 11, 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 439th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, April 11, 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!
Arihant Patni: I just had a breakfast session with a bunch of corporate venture folks. They’re all talking about how they want to evangelize startups, invest in them, work with them, and partner with them. I think that’s a terrific philosophy. I can talk about a couple of slightly more evolved startups that we invested
Sramana Mitra: I’m going to ask you something based on what we just talked about with your background as the head of platforms at Salesforce.com. My assessment is that there are probably a couple of hundred SaaS companies at this point that are doing upwards of $50 million in annual revenue.
Sramana Mitra: You were okay with them coming to you with a business model hypothesis or a use case hypothesis, but not necessarily a completely validated use case hypothesis?