1Mby1M Virtual Accelerator AI Investor Forum: Alex Benik, Encoded Ventures (Part 5)

Sramana Mitra: So the real question then is, in the vintage that you are currently investing in, that’s going to start maturing in the five- to seven-year period, AI is also maturing greatly when it comes to acquisitions. It complicates the build versus buy question quite a lot, right?

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Colors: Ronda III

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Ronda III

Ronda III | Sramana Mitra, 2018 | Watercolor, Ink, Pastel | 18  x 24, On Paper

1Mby1M Support During Failures or Pivots

6. If my startup fails or pivots, will 1Mby1M still support me through the transition?

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September 4 – 701st 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 701st FREE online 1Mby1M Mentoring Roundtable on Thursday, September 4, 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, and answers to any of your questions. Others can register to Attend to watch, learn, and interact through the online chat.

You can learn more here and and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be Interested.

700th 1Mby1M Roundtable Recording

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

Roundtable Recap: August 28 – It Has Been Deeply Fulfilling

During this week’s roundtable, we celebrated our milestone 700th session with business as usual. It has been a deeply fulfilling journey working with entrepreneurs in a no-nonsense manner for 20 years.

Data Poem

First up we had Bharath Gaddam from New York, New York, pitch Data Poem. Bharat is a 1Mby1M Premium member about to launch a funding round with over $5M ARR under his belt.

AgriFusion Tech

Then we had Devarsh Oza from Ahmedabad, India, pitch AgriFusion Tech. Devarsh has excellent domain knowledge and a big vision.

WHEN

Next we had Pooja Doshi from Bengaluru, India, pitch WHEN, a service for helping millennials save and plan for international trips.

You can listen to the recording of this roundtable here:

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Cloud Stocks: Can NVIDIA Sustain the Most Valuable Public Company Status?

Yesterday NVIDIA (NASDAQ: NVDA) reported its second quarter results that continued to beat all estimates. The company expects sales to continue to grow more than 50% even in the coming quarters, clearly signaling that the demand for AI remains strong. At a $4 trillion market cap, NVIDIA is now the most valuable company in the world.

1Mby1M Virtual Accelerator AI Investor Forum: Alex Benik, Encoded Ventures (Part 4)

Sramana Mitra: Let me ask you some of the broader trend questions and how you’re processing all this. As we discussed earlier, the market is currently in a human-in-the-loop, highly domain-specific and domain-expertise-oriented business space. The logical next step is going to be more automation, especially as agents become more active inside applications.

So how do you see that playing out on many fronts, including enterprise adoption, price structures, and so on?