Cloud Stocks: Veeva Believes R&D Segment Will Deliver under Economic Uncertainty

According to a recent report, the global healthcare cloud infrastructure market is estimated to grow at 16% CAGR from $48.1 billion in 2021 till 2030. The growth will be driven by the continuing trend of digitalization of healthcare, the integration of advanced AI/ML algorithms, cloud deployment of healthcare systems, and the need to control rising expenditure, inefficient facility management, and overburdened systems. Veeva (NYSE: VEEV) recently announced its quarterly results that beat analyst estimates. Affected by global economic conditions, its outlook failed to meet market expectations.

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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!

589th Roundtable Recording

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

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Roundtable Recap: September 8 – Africa Rising

During this week’s roundtable, Francis Gankui Yao from Ghana pitched Herndon Farms, an agriculture venture. We’re seeing more startups from Africa and the trend is expected to build up. Nothing would give me more pleasure than to see Africa find its stride and build a robust startup ecosystem with entrepreneurs, investors, exits and all the related benefits.

To that end, if you are an investor working on African tech startups, please feel free to reach out to us to be featured on our roundtable talk-show.

Entrepreneurs, of course, are welcome to come talk to me and pitch at the weekly roundtables.

You can listen to the recording of this roundtable here:

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1Mby1M Virtual Accelerator Investor Forum: With Mohanjit Jolly, Partner at Iron Pillar (Part 3)

Sramana Mitra: Why did you make the decision of focusing on India-for-the-world?

Mohanjit Jolly: One of the reasons is I’m sitting in Palo Alto. I don’t have my finger on the pulse of what’s going on in India. Having said that, I have colleagues who are in India and the Middle East. They do have their fingers on the pulse. Here are the three reasons why we went down this path for fund two.

A Journey into Personalized Luxury Fashion: Editorialist YX CEO Rafael Ortiz (Part 5)

Sramana Mitra: So tell me more about what happened when you launched it?

Rafael Ortiz: The business was an app for digitizing your wardrobe. The thinking was, we would digitize everything in your closet and provide you with styling services. We would create outfits of all the items in your closet and use that as a basis to generate recommendations for what you should then buy. There was a bit of service. We’re styling you as the value-add and then, hopefully, doing great recommendations all in this app.

Best of Bootstrapping: Bootstrapped Using Services to a Public Unicorn

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

Bootstrapping with Services is a tried and true strategy, including for building Unicorns. In our 2012 story, Alteryx Executive Chairman, CEO and founding partner Dean Stoecker talks about raising a Series A with $10 million in the bank. Today, Alteryx is a $4+ billion market cap public company. Dean bootstrapped with services early on, and then raised VC money.

Alteryx is a leading software developer and a pioneer of agile business intelligence technology with analytics. Prior to Alteryx, Dean led business development efforts for Integration Technologies, a systems integrator, where he helped develop technology that automated the selection of cellular tower locations for telecommunications clients like AT&T. He also helped develop the first geo-coding engine tied to Experian’s real estate mainframe system, and he built a sophisticated flood certificate engine for a leading insurer. Dean also served as Vice President of sales at Strategic Mapping, and in various sales and strategic roles at Donnelly Marketing Information Services.

Sramana Mitra: Dean, let’s start at the beginning of your personal story. What is the context for your entrepreneurial journey? Where are you from?

Dean Stoecker: I grew up in a family business in Colorado. I would sit around the table every day and hear about the trials and excitements of owning a business. I went to school at the University of Colorado. I had the opportunity to travel the world through a program called Semester at Sea. That was where I got the idea that I wanted to have my own business. After I graduated, I moved to California and got involved in the information business.

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589th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 589th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, September 8, 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!