During this week’s roundtable, we had as our guest Christian Czernich, Founder and CEO at Round2 Capital Partners, a firm that is experimenting with an alternative financing model. Prometeo As for entrepreneur pitches, Jonathan Mentz from Cape Town, South Africa, pitched Prometeo, a risk analysis and monitoring solution. Hustlebeez Next Bing Huang from Sunnyvale, California,
Sramana Mitra: You had both transaction revenue and marketplace revenue. Garrett Goldberg: The company exited right as we were turning on marketplace transactions. The next one had that as well. It’s a marketplace in the chemicals industry called Knowde. Instead of having a software product, it had a storefront tool for chemical producers to sell
Today’s 487th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, May 28, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. PASSWORD: startup All are welcome!
Today’s 487th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, May 28 at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. PASSWORD: startup All are welcome!
Sramana Mitra: Which segment of the customer base did you go out to sell it to? Andrew Plato: One of the things we learned very early on is that our product is very appealing at the enterprise SaaS level. Admittedly, it wasn’t what I originally thought. I thought we were going to be more mid-market.
Sramana Mitra: When you made the decision to invest in this young founder, how did they find you or how did you find them? Garrett Goldberg: That’s part of what we do here, we try to make sure we’re approachable by founders. This particular one came through another founder that we had a relationship with.
Some audience questions answered by Sramana: – What are some cool cyber security startup ideas? -Are cloud computing startups successful today? – Are there any successful tech startups built out of Arizona? – How can entrepreneurs outside of Silicon Valley reach out and connect with Silicon Valley’s VCs? – What would be your advice for
Andrew Plato: I kept noticing that these companies kept tripping over integrating multiple components. Everything was custom. They can never turn it into a full-on platform. There were technical problems. AWS was stymied by this to some extent as well. They couldn’t quite pull it all together.