Thought Leaders in Financial Technology: Expensify CEO David Barrett (Part 5)

David Barrett: When it comes to the platforms, I’d be curious to see if a major value of one the platforms is reaching existing customers. One of the major ways of starting a new business is to reach new customers that are currently underserved. Can you use the Salesforce platform to go after a market

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Roundtable Recap: October 22 – Exploring Post Covid Startup Ideas

During this week’s roundtable, we had a discussion on my article, 8 Startup Ideas for the Post COVID World. Travel project Abe Lederman from Los Alamos, New Mexico, is considering two of them, and we discussed both in some detail: Facilitating Travel Experiences Distributing the Workforce Abe is both an alum of the 1Mby1M Premium

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October 29 – 507th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 507th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 29, 2020, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your

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Cloud Stocks: IBM Fails to Impress

IBM (NYSE: IBM) reported its third quarter results this week that failed to meet the market’s expectations. This was the third consecutive quarter of revenue decline for the company as it struggles to navigate through the global pandemic.

Building an Analytics Company to $10M+ in Revenue: Mode Analytics CEO Derek Steer (Part 5)

Sramana Mitra: What did you learn about pricing? What were people willing to pay and how were people willing to pay for your product? What signals were emerging? Derek Steer: The biggest challenge we had was when people looked at Mode at first. We made this product that targets analysts and data scientists as the

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How Do You Come Up With a SaaS Startup Idea?

Two principles apply to all ideation processes: 1. You need to find a gap in the market. It’s extremely crowded. 2. You need to have an unfair advantage in that domain. That depends on your expertise and domain knowledge. I strongly recommend that you build on top of an existing platform. It would be much

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Thought Leaders in Financial Technology: Expensify CEO David Barrett (Part 4)

Sramana Mitra: I work with formation-stage companies all the time. Two guys or one person and an outsourced team of developers build these formation stage companies where they would want to spend their resources. The best place to spend your resources is what is differentiated. Going in and competing against AWS is not a differentiated

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506th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Today’s 506th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, October 22, 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!