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Catching Up On Readings: AI PC and Smartphone Market

Posted on Sunday, Feb 11th 2024

This report from Gartner forecasts that worldwide shipments of AI PCs and GenAI smartphones will grow 11% to 295 million units by the end of 2024. For this week’s posts, click on the paragraph links.

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Colors: La Nuit III

Posted on Sunday, Feb 11th 2024

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 – La Nuit III

La Nuit III | Sramana Mitra, 2021 | Watercolor, Pastel, Ink | 8  x 8, On Paper

Colors: La Nuit II

Posted on Saturday, Feb 10th 2024

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 – La Nuit II

La Nuit II | Sramana Mitra, 2021 | Watercolor, Pastel, Ink | 9  x 12, On Paper

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Cloud Stocks: Analysis of Amazon’s GenAI Strategy

Posted on Friday, Feb 9th 2024

Earlier last week, Amazon (NASDAQ: AMZN) announced its fourth-quarter results that surpassed market expectations. It has recently launched several GenAI applications, the latest one being Rufus, a genAI shopping assistant. Its stock hit a 52-week high following its result announcement.

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Best of Bootstrapping: Bootstrapped to $20M+ and an Exit

Posted on Thursday, Feb 8th 2024

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

We’re big fans of bootstrapping to exit case studies. Imagine Easy Solutions’ Co-founder and Co-CEO Neal Taparia shares his wonderful journey. They scaled the business to over $20 million in revenue without investment and sold to Chegg in 2016.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Neal Taparia: I was born in the suburbs of Chicago. My parents were immigrants from India. I’m first-generation in the United States. I did my undergraduate education in Chicago. After that, I settled down in New York where I’ve been ever since. 

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Best of Bootstrapping: From Laid-Off Engineer to Startup Co-founder and Exit

Posted on Wednesday, Feb 7th 2024

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

Aspera Co-founder Michelle Munson started the company she began after being laid off. Aspera was her realization that she could not only control her own career path, but also create jobs for other people in a culture she established. I hope this conversation from 2009 inspires everyone who has been let go by their employers. Aspera was acquired by IBM in 2014.

SM: Michelle, where does your story begin?

MM: I grew up in Kansas, on a farm. My family is a five-generation farm family that raises Angus cattle as well as wheat, corn and soybeans. There is a long-standing family tradition in both the line of business and the location. My mom is a retired university professor. I grew up in Kansas, went to school there and went to college at Kansas State University. That is an interesting point with me; I was accepted to MIT and went to Kansas State.

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Building a Capital Efficient Second Venture: LiftLab CEO John Wallace (Part 7)

Posted on Wednesday, Feb 7th 2024

Sramana Mitra: It’s interesting. Now, where to from here? You said that 2023 was great. You’ve been doubling every year. It’s almost venture scale growth without raising huge amounts of money, which is all fabulous. What are you trying to accomplish and how do you want to play this?

John Wallace: Next, it must be, first and foremost, more of the same. We don’t have to let go of the horse that got us here.

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Best of Bootstrapping: Bootstrapped from College to $8M

Posted on Tuesday, Feb 6th 2024

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

Waveform CEO Sina Khanifar started tinkering with bootstrapped entrepreneurship way back in college. When we spoke in 2020, this had certainly paid off.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Sina Khanifar: I was born in Iran. We moved to the UK when I was one. My parents did their PhDs in the UK. After they returned to Iran, the war broke out. They thought the best choice would be to go back to the UK. They ended up not returning.

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