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Extraordinarily tight, disciplined strategy and execution has enabled Connatix Founder CEO David Kashak to build a tremendously fast growing company with a small team. A lot to learn from our conversation in 2016.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
David Kashak: I was born in Israel. I grew up in Israel and studied engineering at Tel Aviv University. After studying, I started as a programmer in a cyber security company in Israel. At one point, they offered to relocate me to New York. That offer was very interesting because I wanted to get more exposure to business. I moved to New York.
Sramana Mitra: How do you do your own lead generation? Can you walk me through a use case and use your own situation to explain how your technology works? How you do your own lead generation using your technology?
>>>Sramana Mitra: At the point at which this switch is happening, what are the dynamics of the company? Do you have customers? Are you still operating with that 1.5M in financing?
João Aroso: We’re still operating with the 1.5M in financing, but we’re starting a new fundraise. We have some early customers in Portugal and Italy. We were trying to figure out where to go in terms of differentiation when we realized that with GPT-3, we wouldn’t be scalable. So, we were trying to figure out where we wanted to go in that moment. That’s when we realized from a business standpoint that the only thing that matters to our end customer is what business the campaign is generating.
>>>This report from Gartner identifies the top data and analytics trends for 2024 that emphasize AI’s strategic impact and the need for trust in data. For the last fortnight’s posts, click on the paragraph links.
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Entrepreneurs are invited to the 640th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 16, 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!
In case you missed it, you can listen to the recording of this roundtable here:
Sramana Mitra: So then how long did you do this business? And what kind of revenue levels or what kind of scale were you able to achieve?
João Aroso: We did that business for two years and one of my co-founders from my first startup is still there today. I left, but the company is still very healthy.
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During this week’s roundtable, we discussed validation requirements in early-stage startups.
ONI Early Life Programming
First up, we had Sunil Punjabi from Mumbai, India, pitch https://www.onicares.com/Home, a hospital EMR system focused on caring for pregnant women. We discussed what would be considered a validated business.
Centaurnex
Next, we had Samson Darlong from Riga, Latvia, pitch Centaurnex, an idea-stage venture that appears extremely capital-intensive. I advised him to discard this idea and go back to the drawing board.
You can listen to the recording of this roundtable here: