During this week’s roundtable, we had David Hornik, Founding Partner at Lobby Capital, discussing his firm’s AI investment thesis. It was an excellent discussion spanning Agentic AI and Ultralight startups.
i-Resonate
As for the entrepreneur pitches, up first we had Maitreyi Sharma from Dehradun, India pitch i-Resonate, a social media content marketing suite.
A9Y
Then we had Dege Nsoki from Geneva, Switzerland pitch A9Y, a career advancement site.
You can listen to the recording of this roundtable here:
According to a recent report, the AI code tools market is projected to grow 23.2% annually to $30.1 billion by 2032 from $4.8 billion in 2024. The growth in the industry is being driven by the increasing adoption of DevOps practices and the need for efficient software development solutions. AI-driven coding tools are enhancing developer productivity and streamlining workflows, leading to higher adoption.
>>>Sramana Mitra: What else are you looking at, thinking about, interested in investing in in terms of AI companies? What are you looking for?
Raju Reddy: For me, Sramana, pretty much all my investments have been at a very early seed stage.
>>>Today’s 677th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, March 20, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 677th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, March 20, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Founder CEO Josh Millet had bootstrapped Criteria to almost $5 million in revenue before raising funding.
Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?
Josh Millet: I was born in Toronto, Canada. I have dual citizenship of US and Canada. I came to the States for school 20 years ago and have been here ever since.
Sramana Mitra: The other really interesting area that I find very promising is that there are a lot of services companies out there and there’s so much AI technology right now to make services efficient. You almost can productize your services.
If you have a hundred clients that you’re providing services to, you should be able to use AI to dramatically get margin out of those businesses, which is another interesting development for bootstrapped entrepreneurship, in particular. As you know, we support bootstrapped entrepreneurship very, very seriously.
>>>Sramana Mitra: You know, we’ve had several discussions on AI-enabled drug discovery in, towards the end of last year. We have covered AI-enabled drug discovery on our blog quite extensively. It’s an area that I think is super exciting and super promising.
Now, the conclusion that was coming out of those discussions was that drug discovery platforms that are out there, like Adam Weiss, for example, are selling only to the large pharmas. So, if you’re a researcher at a university or if you’re trying to do a startup in drug discovery, you don’t really have access to the infrastructure that you need to be able to develop your products.
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