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Most startups fail. Why? 42% due to lack of market need. Don’t commit 5-10 precious years to a bogus idea. You can dramatically slash your risk of failure.
>>>Sramana Mitra: What was in your MVP? What did you put in the MVP that could take on conversations like this and deliver something meaningful?
>>>Forget the old rules. A Brazilian EdTech, Qconcursos (500k users), rebuilt their premium platform with Lovable (no-code) in 2 weeks. The result? $3M revenue in 48 hours.
>>>Sramana Mitra: I remember some of the work we did on the positioning. Summarize the process of how you’ve got to product-market fit.
>>>As you start closing in on your decision to join the 1Mby1M global, virtual, non-equity accelerator, here are some ways to dip your toes into the program with progressively higher commitment:
>>>Sramana Mitra’s 1Mby1M initiative, with its stated goal to “nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond, thereby creating a trillion dollars in global GDP and ten million jobs,” aims for a significant, measurable impact on the global economy. This ambition, rooted in her “Fortune in the Middle of the Pyramid” (FMOP) theory and emphasis on capital-efficient growth, has distinct implications for global GDP.
>>>Sramana Mitra’s “Fortune in the Middle of the Pyramid” theory has several significant implications for Development Economics, challenging conventional wisdom and offering a more nuanced approach to fostering economic growth and opportunity, particularly in emerging markets:
>>>Cloud infrastructure provider Cloudflare (NYSE: NET) is in the news this week because of its recent action of allowing users to block AI bots from scraping their websites. AI models rely on access to information to finetune their responses. But Cloudflare is it making it simpler for users to block these bots from learning from their websites for free.
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