Sramana Mitra: So, Gus, could you also discuss Joanna Strober’s company that you have invested in and have been tracking for a while? I think it’s a good case study to discuss in this context.
Gus Tai: Absolutely. The company is called Midi Health, and I was a seed investor with Midi. That company is a good illustration of how entrepreneurs, regardless of how they want to think about raising money, can approach industries. There was a latent need and a discontinuity in being able to serve that latent need.
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During this week’s roundtable, we worked with five startups.
Memo Bio
Up first Bashir Rumah from Nottingham, UK, pitched Memo Bio, a biodegradable plastic solution.
Arca Analisis Economico
Then Sandy Gomez from Caracas, Venezuela, pitched Arca Analisis Economico, a consulting venture.
Moon Finance
Shrey Baldev from Gujarat, India, pitched Moon Finance, an investment advisory app.
Rent Prompts
Then, Vishal Patidar from Indore, India, pitched Rent Prompts, an AI services marketplace.
Unwind Minds
Next, Maryana Stefuryn from Coimbra, Portugal, pitched Unwind Minds, a mental health solution.
You can listen to the recording of this roundtable here:
In case you missed it, you can listen to the recording here:

Entrepreneurs are invited to the 669th FREE online 1Mby1M Mentoring Roundtable on Thursday, January 23, 2025, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 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 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.
Sramana Mitra: Yes. On the process side, we’ve had a company become quite successful in the program. It is bootstrapped. We looked at raising money, but eventually, it was going fine as a bootstrapped company. I think it continues to bootstrap. It’s called CliniOps.
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These days, everyone seems to be a startup mentor.
Whether they have ever done a startup or not, whether they have ever raised money or not, they are ready to advise entrepreneurs.
I want to share some things we have learned in running the 1Mby1M program since 2010.
First, it is difficult to give negative feedback to entrepreneurs without triggering a defensive reaction. But it is necessary.
Today’s 668th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, January 16, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 668th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, January 16, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!