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Blog » Archive for May, 2023

Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 1)

Posted on Monday, May 22nd 2023

Armando has built an AI company over 20 years, deeply focusing on Finance and Trading.He discusses his journey, and also reflects on how generative AI startups can be built in a capital-efficient manner. Great conversation! Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born and

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Cloud Stocks: Atlassian Embeds AI into Solutions

Posted on Monday, May 22nd 2023

According to a recent report, the global enterprise collaboration market is expected to grow 15% to $54.88 billion this year and grow at 14% CAGR to reach $92.4 billion by 2027. Atlassian (Nasdaq: TEAM) recently announced its third quarter results that surpassed market expectations.

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Catching Up On Readings: State of AI Q1’23

Posted on Sunday, May 21st 2023

This report from CB Insights covers the funding trends in the AI space. While lobal AI funding plunged in the quarter, the number of unicorns was steady. Three Generative AI unicorns joined the club this quarter including  Anthropic, Adept, and Character.AI. For this week’s posts, click on the paragraph links.

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Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 6)

Posted on Saturday, May 20th 2023

Sramana Mitra: Data is clearly going to change the pharmaceutical industry. Susan Wood: Similarly to find sites. Here are 50 sites that do high-quality imaging work. We went into this by getting imaging biomarkers. That’s an important thing, but more importantly, there are so many disconnects and inefficiencies in running these trials that our data

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Best of Bootstrapping: Bootstrapped a Unicorn First Using Services from Utah

Posted on Friday, May 19th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Our tried-and-true mantra of Bootstrap First, Raise Money Later rings throughout Dave Elkington’s story. As the Founder of InsideSales.com, he used services to bootstrap a Unicorn that had raised close to $140 million in VC funding when we spoke in 2015. Revenue was scaling 100% year

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607th 1Mby1M Roundtable Recording

Posted on Friday, May 19th 2023

In case you missed it, you can listen to the recording of this roundtable here:

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Roundtable Recap: May 18 – Spotlight on Customer Acquisition

Posted on Friday, May 19th 2023

During this week’s roundtable, our focus was on customer acquisition strategy. Rezeve First up, we had Adrian Ng from Singapore pitch Rezeve, a software for running small services businesses. Youzentech Technologies Next, we had Rajkapoor Singh from Bangalore, India, pitch Youzentech Technologies, a semiconductor chip verification company. You can listen to the recording of this

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Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 5)

Posted on Friday, May 19th 2023

Sramana Mitra: What is the average deal size? Susan Wood: In phase three, it’s in the order of $3 million to $5 million. I want to mention something else. When patients couldn’t go to a centralized site to get evaluated during COVID, they were shut out. The big push in the industry is what’s called

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