Sramana Mitra: What is the check size that you like to write? Naganand Doraswamy: When we started the first fund, we said anywhere around $500K to $750K. Then we would participate with another $500K in the following round. The target was about $1.25 million per company. The second is double the size. We’re looking at
Today’s 569th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, March 31, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 569th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, March 31, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: What about fabric? Joe Zhou: We purchase from big fabric factories and we handle its stocking. Sramana Mitra: Let’s say a designer wants to design something, they have to work within a catalog of fabric? Joe Zhou: We have 40 kinds of fabric. They don’t need to select from the fabric. The fabric
Naganand Doraswamy, Managing Partner and Founder at Ideaspring Capital, adds to our thesis on great investment opportunities within the sub $100 million exit space. Sramana Mitra: Let’s start by having you introduce yourself as well as Ideaspring. Naganand Doraswamy: I grew up in Bangalore. I did my undergrad there and then came to the US
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. PayRange Founder Paresh Patel did a superb job of validating in a bootstrapped mode and then raising significant venture capital. However, he made some mistakes after the fund raise. Eventually, he course-corrected and has built a wonderful business without further infusion of capital. Excellent case study!
Joe talks about a gap in designing, manufacturing, and drop-shipping small run fashion merchandise.Excellent offering from a Chinese company to fill a big gap in SMB e-commerce. 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?
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. SoPost CEO Jonny Grubin started as a solo entrepreneur, bootstrapped with a paycheck, and has built a $15M+ revenue global business with a small amount of funding. Excellent story! Sramana Mitra: Let’s go to the very beginning of your journey. Where are you from? Where were