Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 6)

Sramana Mitra: Is this a B2C business?

Victor Allis: Yes, it’s for voters. The strange thing is, there’s no revenue. There is no business model at the time. All we’re trying to do is to get people to use it to vote. I always believe that if you do something that adds value, there’s always a way to get people to invest in it or pay money. We have a lot of policy questions. People make choices based on it. We can take all these choices and add them up and we could predict that a candidate would win. Our poll was actually closer than most polls.

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Colors: Lavender Fields, Aerial

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 – Lavender Fields, Aerial

Lavender Fields, Aerial | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8  x 8, On Paper

594th 1Mby1M Entrepreneurship Podcast with Kyle Asman, Backswing Ventures

Kyle Asman is Managing Director at Backswing Ventures, a firm that has a non-Unicorn investment thesis.

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Colors: La Petite Village  I

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 – La Petite Village  I

La Petite Village  I | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8  x 8, On Paper

Thought Leaders in Cloud Computing: Movius CEO Ananth Siva (Part 3)

Sramana Mitra: Just to play devil’s advocate, there are plenty of businesses that are not on T Mobile. If you wanted to get to those businesses, working with those carriers would make perfect sense.

Ananth Siva: That’s how we approached this in the first place that might be the case. If you look at the client base that we have, some have already been quoted in the press. You probably have enough connections to ring a few of the Wall Street banks and if you ask them how they are solving the SEC problem today, they will tell you that they made one decision.

Bootstrapping Using Services from The Netherlands to a $300M+ Exit: Quintiq and ActiVote Founder Victor Allis (Part 5)

Sramana Mitra: You took money from private equity that gave you some liquidity to the founders and gave you growth capital to move to the next phase.

Victor Allis: Only liquidity to the founders. This is what was happening. I moved to the United States in 2010. We did a bit of press release. Suddenly, everybody was knocking on my door offering us money. I said no. They said, “That’s exactly why we want to give it to you.”

Sramana Mitra: I have a saying that VCs love to come to the rescue of victory.

594th Roundtable Recording with Kyle Asman, Backswing Ventures

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

Roundtable Recap: October 27 – Non-Unicorn Investment Thesis

During this week’s roundtable, we had as our guest Kyle Asman, Managing Director at Backswing Ventures, a firm that has a non-Unicorn investment thesis.

You can listen to the recording of this roundtable here:

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