Catching Up On Readings: Intelligent Apps

This feature from Gartner looks at the growing demand for intelligent apps powered by AI. By 2026, 30% of new applications are expected to use AI to drive personalized adaptive user interfaces, up from less than 5% today. For this week’s posts, click on the paragraph links.

Featured Videos

Building a Fashion E-commerce Business and Surviving Covid: Go Dash Dot CEO Hannah Fastov (Part 7)

Sramana Mitra: Did revenue take a hit in 2020?

Hannah Fastov: It did. That was when we were able to see the benefits of the direct to consumer business that we had built. It remained equal to the year prior.

Sramana Mitra: You did $2 million in 2020?

Hannah Fastov: Yes.

Building a Fashion E-commerce Business and Surviving Covid: Go Dash Dot CEO Hannah Fastov (Part 6)

Sramana Mitra: What level did you reach in 2019?

Hannah Fastov: In 2019, we did $4 million. Then the pandemic hit.

Sramana Mitra: How did that go?

Hannah Fastov: That was an interesting time for us. We’re selling an on-the-go bag and everybody’s staying home. We just had our shipment come in at the beginning of March 2020. All of our wholesale partners either postponed or cancelled their orders. We had a ton of inventory.

Video FAQs

620th 1Mby1M Roundtable Recording

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

Roundtable Recap: October 5 – School-Driven GTM

During this week’s roundtable, we discussed two school-driven GTM strategies.

Eduberance

First, Niraj Harlalka in Ahmedabad, India, pitched Eduberance, a vernacular EdTech venture for Tier 2 and 3 cities in India.

My Tailor

Next, we had Davron Williams in Lagos, Nigeria, pitching My Tailor, a fashion marketplace.

You can listen to the recording of this roundtable here:

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Building a Fashion E-commerce Business and Surviving Covid: Go Dash Dot CEO Hannah Fastov (Part 5)

Sramana Mitra: That brings us to end of 2017. What kind of revenues were you tracking at?

Hannah Fastov: Close to a million. At this time, most of our revenue was coming in from our wholesale business but we were doing over $250,000 on our website. When we saw what was working in advertising, then we were able to put a bit more into our advertising and use our profits to reinvest back.

Sramana Mitra: What are the highlights of 2018?

Best of Bootstrapping: The Bootstrapping to Exit Path

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

Over the last decade and more, I’ve had the privilege of working with a large number of bootstrapped entrepreneurs. These include self-financed companies and also modestly capitalized startups that operate in a capital-efficient manner applying the principles of bootstrapping. [You can take our free Bootstrapping Course to review these.]

For our Seed Capital series of podcasts and blog interviews, I’ve interviewed hundreds of investors, especially micro-VCs and angels who are playing in the early stage game.

I’ve asked all of them the following questions:

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620th 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 620th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, October 5, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!