Two articles this week attempt to demystify the myth. In The Economist, the phenomenon is explained thus: The term is elastic, but in essence it makes the proposition that the pandemic has provoked a cultural shift in which workers reassess their priorities. People in low-status jobs will no longer put up with bad pay or
Seong Kim, Corporate Strategy & Development for Chegg Inc., discusses exit strategy within EdTech.
Vamsi has bootstrapped Gathi to over $26M in revenue in four years and exited at a fabulous multiple. Much to learn from his journey. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
This feature by Micah Rosenbloom and Joseph Flaherty on Founder Collective reiterates the 1Mby1M philosophy of not overdosing on venture capital. For this week’s posts, click on the paragraph links.
Most businesses can be launched in a capital efficient manner. Most businesses can go a long way in a bootstrapped mode. As long as you’re not taking on capital guzzlers like drug discovery or semiconductor chips, you have many options to explore. At 1Mby1M, we don’t insist on fund raising. A bootstrapped, capital-efficient, million dollar
Sramana Mitra: What is the total amount from friends and family investors to get to $10 million? David Moricca: Maybe $9 million. $6.5 million was not as Socialive. A lot of companies do pivot. I hear stories about companies who fail for the first time. They just restart. The thing about that is you’re leaving
Seksom Suriyapa, Partner at Upfront Ventures, and formerly head of Corp Dev at Twitter, SuccessFactors, McAfee and Akamai, discusses exit strategy from the buy-side perspective at length.
Deepak Gupta, Founding Partner at WEH Ventures, discusses his fund’s pre-seed and seed funding strategy for Indian startups.