Sramana Mitra: How do you read the open source trend? The commercial open source trend has also been going gangbusters. A lot of interesting companies have come up with that trend. What are you seeing in your deal flow? Tea Hea Nahm: Open source is great. You’ve got Databricks and others. Customers like open source.
Sramana Mitra: What are the gating items on the education side? What are the needs of this community on education? Brian Cox: It’s funny you ask that, but that thought had crossed my mind. I have two sons in high school. I was thinking about education and how boring school is sometimes but how interesting
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Waveform CEO Sina Khanifar started tinkering with bootstrapped entrepreneurship way back in college. When we spoke in 2020, this had certainly paid off. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what
Sramana Mitra: You are comfortable investing in the nuances of SaaS, AI, AI for X. How about two trends that have come on my radar? PaaS for instance. There is a vertical SaaS trend that is going gangbusters right now. You find industry verticals where you have opportunities to do cloud and AI. You have
Sramana Mitra: You have come this far and you are in 8,000 stores, and you have done it with commission reps. Brian Cox: Yes, and by finding smaller companies that have plateaued. We were able to acquire them and rebrand them. It doesn’t matter what kind of services you’re giving that clerk behind the counter
David Conley: There are two different things to think about. Energy companies have two different types of budgets. They have OPEX budgets and CAPEX budgets. They have this other mechanism that they use called AFE. AFE is essentially investor money in a well. These operators are raising money and putting that money into the upfront
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Booksy Co-founder and CEO Stefan Batory started a software development company in Poland with a few other partners. Today, he’s running a high-growth, VC-funded SaaS and marketplace business in the US. Awesome journey! Here is our conversation from early 2020, plus you can listen to our podcast
Tae Hea Nahm, Managing Director and Co-Founder of Storm Ventures, emphasizes and articulates his firm’s specific interest in investing in vertical cloud startups. Sramana Mitra: Let’s start by introducing our audience to yourself a little bit and then we’ll come to Storm Ventures. What path did you follow to founding Storm Ventures? Tea Hea Nahm: