The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on
Sramana Mitra: I want to understand how you find companies. You talked about five unicorns that you invested in as an angel investor, two of which we’ve had here in our Entrepreneur Journey series — People.ai and PandaDoc. I know those companies well. How did they come to you, or how did you find them?
The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on
Ihar Mahaniok is Managing Partner at Geek Ventures. We have an excellent discussion on AI trends and startup opportunities.
Giving up equity early on is one of the worst decisions an entrepreneur makes. Say, you give up 15% for $200k in pre-seed accelerator funding. What happens next? You haven’t validated anything yet. You don’t know whether your business has the capacity to go from 0 to $100M in 5-7 years. That’s what VCs are
The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on
Online mattress is one of the hottest e-commerce categories, and here is yet another one delivering venture-scale growth without venture capital. Tuft & Needle Co-founder JT Marino shared his story with me in 2017. If you’re inspired by Tuft & Needle’s bootstrapped success, explore how a virtual accelerator for solo founders or an equity-free startup
Sramana Mitra: Tell me about the sentiment in European enterprises right now regarding AI adoption. You’re succeeding in driving adoption inside European enterprises, which is great. What’s going on?