1Mby1M Virtual Accelerator Investor Forum: With Tea Hea Nahm, Managing Director and Co-Founder of Storm Ventures (Part 1)

Tae Hea Nahm, Managing Director and Co-Founder of Storm Ventures, emphasizes and articulates his firm’s specific interest in investing in vertical cloud startups.

Sramana Mitra: Let’s start by introducing our audience to yourself a little bit and then we’ll come to Storm Ventures. What path did you follow to founding Storm Ventures?

Tea Hea Nahm: I was born in Korea. We immigrated when I was five years old. I started my career in Silicon Valley as a corporate lawyer working with 200 startups. In 2000, I left law and co-founded Storm Ventures and have been a partner at Storm for the last 22 years.

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590th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 590th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, September 15, 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!

590th Roundtable for Entrepreneurs Starting in 25 Minutes: Live Tweeting by @1Mby1M

Today’s 590th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 25 minutes, on Thursday, September 15, 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!

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Cloud Stocks: Rapid7 Focuses on Simplifying View for Security Teams

According to a recent report, the global security analytics market is expected to grow from $12 billion in 2021 to $25.4 billion by 2026 at a CAGR of over 16%. The continued demand for prioritization of network-based threats with actionable intelligence to avert data losses and prevention of onward intrusion are leading to this high growth rate. Rapid7 (NASDAQ:RPD), a leading provider of security analytics solution is addressing these market demands with addition of new features in its core products.

Thought Leaders in Financial Technology: SurgePays CEO Brian Cox (Part 4)

Sramana Mitra: I imagine that because this consumer base doesn’t have credit cards, the entire e-commerce capability will be enabled by something like what you’re talking about. Amazon is one e-commerce vendor but Walmart probably wants to get to that segment and various other people who cater to that customer base. Even the food guys.

Brian Cox: The government has done a tremendous amount of studies on the health impact of low-income neighborhoods and their reliance on the corner store. We use the word convenience store because, to us who can just hop on a car and go to Target, it’s a convenience.

Cloud Stocks: MongoDB Addresses Economic Concerns Through Product Upgrades

According to a recent report, the global database-as-a-service market is estimated to grow at 16% CAGR to reach $24.8 billion by 2025 from $12 billion in 2020, driven by the need for self-driving cloud databases. Recently, MongoDB (Nasdaq: MDB), a leading player in the market, announced its quarterly results that surpassed all market expectations.

Best of Bootstrapping: Bootstrapped ButcherBox to Significant Scale

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

Before the pandemic in 2018, ButcherBox Founder and CEO Mike Salguero shared a fascinating story of a subscription service for high-quality meat being delivered to consumer homes.

Sramana Mitra: Let’s go to the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background?

Mike Salguero: I was born in Paraguay. I’m the youngest of four kids. My parents divorced when I was six months old, and my mom moved up to western Massachusetts with her four children.

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Thursday, September 15 – 590th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 590th FREE online 1Mby1M Mentoring Roundtable on Thursday, September 15, 2022, 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!