This feature from The Wall Street Journal looks at the crash in the cryptocurrency industry, which was built on swagger, enthusiasm, and optimism. For this week’s posts, click on the paragraph links.
In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we had as our guest Evan Zimmerman, Chairman of Jovono, discuss his fund’s investment philosophy, especially around pre-seed and seed. AdCreative.ai As for our entrepreneur pitch, we had Gaurav Henry from Bursa, Turkey, pitching AdCreative.ai, an excellent revenue generating business that automates the production of ad creatives for digital marketing. You
Entrepreneurs are invited to the 580th FREE online 1Mby1M Mentoring Roundtable on Thursday, June 23, 2022, 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
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. CEO Carl Ryden and his co-founders had bootstrapped Precision Lender to over $10 million from North Carolina when we spoke in 2017. This is a superb story, including how the company has formulated an AI agent, Andi. Sramana Mitra: Let’s start at the very beginning of
Sramana Mitra: It sounds to me like you have very large deals in your pipeline. At some level, $5 million may be the only money you need to build this business. Timothy Menard: Absolutely. The mindset was to build a company and be revenue-generating. Having these large contracts that pay 90% of the contract value
Anupam Rastogi: I’ll talk about a more recent investment. They’re in the privacy space. They’re helping developers develop code that is more privacy-friendly. There are a lot of these regulations including GDPR in Europe where you need to be careful about what data is being stored, how it’s being stored and processes. Developers have to
Sramana Mitra: Santa Clara was the first that adopted your technology? Timothy Menard: San Jose was first. Sramana Mitra: Let’s go into the mechanics of how you built the company from a financial engineering point of view. The first grant was $250,000. You got a second grant because of the discussions with Santa Clara and