Smart City Use Cases and Opportunities: Jay Chandan, CEO of Gorilla Technology (Part 2)

Sramana Mitra: Is it a product company or a services company?

Jay Chandan: It’s a mix. Today, about 60% of our revenue comes from product and about 40% from services.

Sramana Mitra: What’s in the product?

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Smart City Use Cases and Opportunities: Jay Chandan, CEO of Gorilla Technology (Part 1)

Jay talks about Gorilla’s Smart City system integration business that heavily focuses on IoT security, analytics, and workflow. In the end, we discuss open problems that could warrant new entrepreneurs building startups around.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?

New OpenSource Startups Course and July Udemy Course Coupons

We have packaged our proven 1Mby1M methodology for building technology startups into short courses on Udemy as a part of our aim to democratize entrepreneurship education at scale globally.

In addition to offering you up to 85% off the following Udemy courses this month, we are introducing the new course, How to Build an OpenSource Startup with Sramana Mitra. Through this course, we explore our most informative and inspirational case studies of noteworthy opensource startups.

These coupons will expire on July 31, 2023, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MJUL2023BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MJUL2023PAY

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Video FAQs

Catching Up On Readings: AI and Jobs

This feature by Christopher Mins on The Wall Street Journal looks at how artificial intelligence is automating the knowledge industry and jobs and roles in the software industry.

Business Model Innovation in Digital Health: Bob Allison, Co-Founder of PEAR Health Labs (Part 7)

Sramana Mitra: What is the financial engineering that makes all this possible?

Bob Allison: They were cash and stock, but mostly stock. We used valuation methodologies and acquired the companies usually in their 100% state, so we didn’t eliminate people and would just buy the tech. We typically bought the people because we thought they were important to delivering expertise.

Business Model Innovation in Digital Health: Bob Allison, Co-Founder of PEAR Health Labs (Part 6)

Sramana Mitra: This is also very interesting from a technology entrepreneur’s point of view. Let’s say you focus on one of these specific use cases and you want to build a full-stack product to bring to market. That is a very dangerous path because it’s very expensive.

Very often, the people who have the technical expertise don’t have the B2C marketing expertise. Going with the credibility and the existing brand and feeding your technology expertise into the hands of people who do have that marketing expertise and brand presence is a very interesting way to go to market.

July 6 – 611th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 611th FREE online 1Mby1M Mentoring Roundtable on Thursday, July 6, 2023, 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!

610th 1Mby1M Roundtable Recording

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