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Blog » Archive for September, 2021

September 30 – 548th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Sep 24th 2021

Entrepreneurs are invited to the 548th FREE online 1Mby1M Mentoring Roundtable on Thursday, September 30, 2021, 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 questions. Others

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Putting the Freshworks IPO in Context (Part 4)

Posted on Friday, Sep 24th 2021

Global Impact The other thing to note is the globalization of entrepreneurship aspect of the Freshworks story. Girish has proved “Made in Chennai” is possible. Unlike other Indian CEOs running SaaS companies, he never shifted the center of gravity of Freshworks away from Chennai.

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547th Roundtable Recording with Steven Mitzenmacher, Rackspace Technology

Posted on Friday, Sep 24th 2021

In case you missed it, you can listen to the recording here: 547th 1Mby1M Roundtable For Entrepreneurs with Steven Mitzenmacher, Rackspace Technology

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Putting the Freshworks IPO in Context (Part 3)

Posted on Friday, Sep 24th 2021

Broader Implications I have been watching with delight how the Indian startup ecosystem is celebrating the success of Freshworks.  Indian entrepreneurs have found their celebrity role model in Girish Mathrubootham.

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Entrepreneur Couple Bootstrapping an E-Commerce Business Using a Paycheck and Crowdfunding: Nomad Lane Co-Founders Kish Vasnani and Vanessa Jeswani (Part 1)

Posted on Friday, Sep 24th 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Kish and Vanessa bootstrapped to multi-million dollars in revenue selling a private label product before quitting their job. In this story, you also get to see the nuances of running successful (and not so successful) crowdfunding campaigns. Very interesting journey and insights.

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Putting the Freshworks IPO in Context (Part 2)

Posted on Friday, Sep 24th 2021

Freshworks’ Financials Within two years of its launch, Freshdesk joined the 1Mby1M Million Dollar Club. Revenues were estimated to have grown to a $10 million annual run rate by the end of 2013. In December 2011, the company raised its first Series A funding for $1 million, $5 million in 2012, and $31 million in

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Putting the Freshworks IPO in Context (Part 1)

Posted on Thursday, Sep 23rd 2021

On Nov 13, 2009, I wrote an article in my Forbes column titled India’s Next Celebrities. It was a year after the financial crisis. Never mind the recession. In India, entrepreneurial energy has continued to grow. It still exists only in small pockets. And the sophistication of the entrepreneurial ecosystem has a long way to

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Roundtable Recap: September 23 – Spotlight on Exit Strategy

Posted on Thursday, Sep 23rd 2021

During this week’s roundtable, we had as our guest Steven Mitzenmacher, SVP of Corporate Development at Rackspace Technology, to discuss the Buy-side thought process on Exit Strategy. i3systems For the entrepreneur pitch, we had Piyusa Ranjan Prusti from Mumbai, India, pitch i3systems. The company has 15 paying customers, but needs a strategy to increase velocity.

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