1Mby1M Virtual Accelerator AI Investor Forum: With Jukka Alanen, Rebellion Ventures (Part 1)

Jukka Alanen, Managing Partner at Rebellion Ventures, discusses his portfolio, investment thesis and related trends.

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August 29 – 652nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 652nd FREE online 1Mby1M Mentoring Roundtable on Thursday, August 29, 2024, 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!

651st 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording of this roundtable here:

Video FAQs

Roundtable Recap: August 22 – It is Expensive to Develop EdTech Content

During this week’s roundtable, we had two pitches.

Olive Stacks Education

First, we had Jerry Nwodobo from Lagos, Nigeria, pitch Olive Stacks Education, an EdTech venture.

Endeavour Education

Next Amol Namjoshi from Mumbai, India, pitched Endeavour Education, also pitched an EdTech venture concept.

In both cases, and in EdTech in general, assuming that you can create vast ranges of EdTech content is naive. It’s extremely expensive to create high quality, differentiated content that can get people to pay. Also, the competitive landscape in EdTech is very noisy at this point.

You can listen to the recording of this roundtable here:

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Bootstrapping to Exit from Saudi Arabia: Emad Daghreri, Co-Founder CEO of Autobia (Part 7)

Sramana Mitra: So you exited this company, and you have started another company now, right?

Emad Daghreri: Yes.

Sramana Mitra: You and your partner bootstrapped the first company. You did not take any external financing and you were profitable all along. Can you speak on how you feel about bootstrapping to exit versus company that is built in the venture model? How has your thinking been in terms of building a bootstrap company versus a venture funded company? How is that thinking evolving as you go along? Tell me more.

Bootstrapping to Exit from Saudi Arabia: Emad Daghreri, Co-Founder CEO of Autobia (Part 6)

Sramana Mitra: So, Emad, I’m going to try to synthesize all the things that you said into something that people can understand better. What I’m hearing is that in 2019 when you started restructuring the company, you created platforms for doing not only competitions and engagement but also event management and grant management.

Bootstrapping to Exit from Saudi Arabia: Emad Daghreri, Co-Founder CEO of Autobia (Part 5)

Sramana Mitra: How did your journey evolve in that 2012-17 period. How far did you get from a revenue growth point of view?

Emad Daghreri: Until 2017, the demand was high, and we started getting million dollars contracts. I had to open a technology hub in Bangalore and Jordan just to be able to keep up with the demand.

Bootstrapping to Exit from Saudi Arabia: Emad Daghreri, Co-Founder CEO of Autobia (Part 4)

Sramana Mitra: So in the early stages, you’re doing $50K to $300K projects across two or three different types of work – the technology, the consulting, the project management, etc. How does the revenue progress in 2013-14? What kind of revenue levels did you reach?

Emad Daghreri: I’m not sure about the specific numbers, but we were always cash flow positive.