Sramana Mitra: You work through incubators and accelerators.
Evgen Verzun: Yes. They come to us through the network. Somehow, they reach investors, right? These investors already have a successful experience with Kaizen. Investors refer us. Investors use us as crisis managers. It’s like, “We have a great project, but they have a huge problem.” We jump in and solve it. It’s tough, but we can do it very fast. It’s small pieces of the puzzle that we can put together.
Sramana Mitra: How many such customers do you have?
>>>Sramana Mitra: The use case that you just described works a lot better in automation than as humans. For humans to look at things and decide at what price to bid and whether to bid or not, there is no way humans can beat AI in doing something like this.
Sateesh Seetharamiah: It was done by humans. Even today.
Sramana Mitra: Wall Street traders made huge amounts of money in functions that don’t need to be done by humans.
>>>Entrepreneurs are invited to the 596th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 10, 2022, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 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!
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
When we spoke in 2020, Pura Vida CEO Co-founder Griffin Thall and his partner had turned an investment of $200 into a $130 million company. Amazing execution!
Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?
Griffin Thall: I grew up in LA. I went to school at San Diego State. After graduating from college in 2010, my business partner and I went on a trip to Costa Rica. We were there for five weeks to travel, surf, and explore.
Earlier last month, Ontario-based Shopify (NYSE:SHOP) announced its quarterly results that outpaced market expectations. Despite the growing economic uncertainty, Shopify continues to invest in product upgrades to help merchants grow their business on its platform. As the recessionary conditions put pressure on the growth of e-commerce, Shopify’s investment into merchant focused products will help it continue to grow.
>>>Ukrainian serial entrepreneur Evgen Verzun discusses the cesspool of Cyber Security problems within the Crypto space.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.
>>>Sramana Mitra: Let’s pick three use cases and talk about what problem are you solving. What is exciting about that use case?
Sateesh Seetharamiah: I’ll pick three use cases that are publicly available. One of them is Philips. Philips had an opportunity to drive tremendous automation in its entire accounting and finance space. They had hundreds of people. Reliability was not up to the mark. There was a tremendous opportunity not just in terms of automation but also in terms of timely and efficient interventions.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Onit Founder CEO Eric Elfman has built two sizable companies in legal tech from Houston, Texas. Great journey!
Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?
Eric Elfman: I was born and raised in Houston, Texas. I had a different educational journey compared to a lot of entrepreneurs. I dropped out of high school when I was in 10th grade and joined the Navy. The Navy turned me around and straightened me out. There, I figured out that I wanted to be an entrepreneur.