Today’s 698th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 10 minutes, on Thursday, August 14, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: So, you said you were looking for three things. Number one is the founder and really the founder-problem fit. What are the other two things that you’re looking for?
>>>Sramana Mitra: You are investing in risk and data-driven risk products. This domain requires people who are working in some domain-specific use cases around all that. Otherwise, you don’t really have insights into the problems to solve, right?
>>>Sramana Mitra: Okay. And what is the investment thesis of Overlook Ventures?
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Sridhar Vembu built Zoho with zero outside funding to a billion-dollar ARR SaaS company. I wrote the first piece ever written on him in 2007 in my Forbes column. No one had yet heard of Zoho. But VCs were already salivating.
Sridhar validated my philosophy of how I advise startups when he came to see me in 2007.
My philosophy has remained the same at its core.
Do not go to VCs as beggars. Go as Kings.

Amir Kabir, Founding Partner at Overlook Ventures, discusses his new firm’s investment Thesis around Risk. In addition, we had a great discussion on what younger aspiring entrepreneurs should do: jump into entrepreneurship right away, or learn a domain in a job.
>>>This article summarizes the top startup accelerators focused on validation in Central Asia and compares them to 1Mby1M.
Guest Author Altynai Myrzabekova | Reviewed by Sramana Mitra
Across Central Asia—from Almaty to Tashkent to Bishkek—ambitious founders are entering accelerators hoping for a clear path to traction. But for many, the journey ends in a pitch deck, not a product that sells.
This disconnect is what Sramana Mitra calls the “Validation Vacuum.” It’s a recurring theme in her 60-part series, The Accelerator Conundrum, which explores how many accelerators overlook one critical step: proving there’s a real market need before building or scaling.
>>>This article highlights the dangers of early blitzscaling, why serious founders should bootstrap first, and why 1Mby1M is the best startup accelerator for building real unicorns in Central Asia.
Guest Author Altynai Myrzabekova | Reviewed by Sramana Mitra
In Central Asia’s emerging tech ecosystems — from Kazakhstan to Uzbekistan to Kyrgyzstan — startup founders are increasingly ambitious. They want more than MVPs and Demo Days. They want to build real unicorns.
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