Nicholas Fok from Erez Capital discusses his firm’s investment thesis.
Are you still employed but dreaming of starting a company? I’m going to give you some contrarian advice: Do NOT quit your job. In 1Mby1M, we support entrepreneurs Bootstrapping with a Paycheck. There is no good reason to quit your job before validating your startup idea.
There are many controversial topics swirling at the moment: Bootstrapping vs. Blitzscaling, Concept Financing, Applying to Y Combinator, and Bootstrapping with a Paycheck. In this article, please find links to specific discussions on each of those topics. You are most welcome to weigh in. Remember, Entrepreneurship = Customers + Revenues + Profits; Financing and Exit
Sramana Mitra: Talk about your financing strategy. Ganesh Padmanabhan: We didn’t raise any moneyfor the first year until we got about $200,000 in revenue. Once you take money from an outside investor, you’re bound to that. For me personally, I wanted to have so much conviction before we actually raised outside capital. That was one
Sramana Mitra: It sounds like in your go-to-market strategy, you’ve operated as a co-pilot to human in the loop. Is that a correct observation?
Sramana Mitra: However, the first health insurance company is the real turning point for you in terms of product-market fit. So tell me a bit about the technology infrastructure that you had to plug into. This is obviously not happening in vacuum, there are all these systems that you have to work on top of.
Entrepreneurs are invited to the 689th FREE online 1Mby1M Mentoring Roundtable on Thursday, June 12, 2025, 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,
In case you missed it, you can listen to the recording of this roundtable here: