Oracle (NYSE: ORCL) continues to struggle to meet market expectations. The recently reported second quarter results missed revenue forecasts despite beating earnings. The market was not pleased, and the stock fell 5% post the result announcement.>>>
During this week’s roundtable, we had as our guest Karthee Madasamy, Founder and Managing Partner at Mobile Foundation Ventures. Karthee and I discussed issues related to startups selling deeptech to enterprises.
Find Me Parking
As for pitches, first up today was Prashant Patil from Pune, India, pitching a concept-stage app for real time parking availability.
Next, Prem Kumar from Tamil Nadu, India, pitched Cyber2bee Technologies, an attempt to go against players like BigBasket in e-commerce.
Today’s 468th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, December 19, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: Where has Tennessee been an advantage? It sounds like you’re not scaling on the basis of these telephone calls. But you had to pound the pavements from a sales point of view through an online channel.
David Stange: Yes. Nashville has been an advantage for us because we have direct flights to every market that we service out of Nashville. The travel within Florida is garbage. You cannot get from Panama City Beach to Tampa, Panama City Beach to Fort Lauderdale, or Panama City Beach to Fort Myers. It’s very disconnected.>>>
Today’s 468th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, December 19 at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. All are welcome!
According to a recent report by Payoneer, earnings for freelancers in the US grew by 78% in 2018, making it the fastest growing freelance market in the world. The growth of freelancers is attributed to organizations wanting to employ contractual employees to avoid fixed costs and the increasing supply of professionals who treat freelancing as a lifestyle option. Freelance services platform Upwork (Nasdaq: UPWK) recently reported its results that surpassed market expectations.>>>
We’ve discussed all kinds of creative bootstrapping mechanisms in this series. My #BigIdeas2020 contribution is yet another technique that I believe would be particularly relevant and powerful going forward.>>>
Sramana Mitra: It’s B2C?
David Stange: B2B. Our product is strictly B2B. We have a B2B2C element. We currently have hundreds of hotels that use the Beachy system. It’s a three-part solution. We have an integrated online booking engine. When I make my hotel reservation, I can see a map and I’m prompted to reserve my beach chairs in advance of my stay.>>>