This feature by Christopher Mins on The Wall Street Journal looks at how artificial intelligence is automating the knowledge industry and jobs and roles in the software industry.
>>>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 – Le Chemin Rouge IV
Le Chemin Rouge IV | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 9 x 12, On Paper
Sramana Mitra: What is the financial engineering that makes all this possible?
Bob Allison: They were cash and stock, but mostly stock. We used valuation methodologies and acquired the companies usually in their 100% state, so we didn’t eliminate people and would just buy the tech. We typically bought the people because we thought they were important to delivering expertise.
>>>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 – Le Chemin Rouge III
Le Chemin Rouge III | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 9 x 12, On Paper
Sramana Mitra: This is also very interesting from a technology entrepreneur’s point of view. Let’s say you focus on one of these specific use cases and you want to build a full-stack product to bring to market. That is a very dangerous path because it’s very expensive.
Very often, the people who have the technical expertise don’t have the B2C marketing expertise. Going with the credibility and the existing brand and feeding your technology expertise into the hands of people who do have that marketing expertise and brand presence is a very interesting way to go to market.
>>>Entrepreneurs are invited to the 611th FREE online 1Mby1M Mentoring Roundtable on Thursday, July 6, 2023, 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 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. All are welcome!
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had five great strategy discussions.
Visitly.io
First up, we had Gaurav Agarwal from San Francisco, California, pitch Visitly.io, already in revenue, being bootstrapped with a paycheck.
Projemy
Next, we had Jainam Badala from Mumbai, India, pitch Projemy, a concept-stage EdTech venture.
Durandel Limited
Then we had Jude Onemolease from Benin City, Nigeria, pitch Durandel Limited, a vertical marketplace for Nigeria’s fish market.
Lovee Fashion
From Atlanta, Georgia, we had Evonya Easly pitch Lovee Fashion, a marketplace for stylists, that is also already in revenue.
You can listen to the recording of this roundtable here: