Thought Leaders in Internet of Things: CleanConnect CEO David Conley (Part 4)

David Conley: There are two different things to think about. Energy companies have two different types of budgets. They have OPEX budgets and CAPEX budgets. They have this other mechanism that they use called AFE. AFE is essentially investor money in a well. These operators are raising money and putting that money into the upfront cost to build a well and amortize that over time. They can depreciate all of their losses immediately. It’s a special tax treatment that they have.

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Best of Bootstrapping: Bootstrapped Using Services from Poland to a US SaaS Company

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

Booksy Co-founder and CEO Stefan Batory started a software development company in Poland with a few other partners. Today, he’s running a high-growth, VC-funded SaaS and marketplace business in the US. Awesome journey! Here is our conversation from early 2020, plus you can listen to our podcast interview from 2021 here.

Sramana Mitra: Let’s go back to the very beginning of your journey. Tell us where you’re from, where you were born, raised, and in what kind of background.

Stefan Batory: I’m from Warsaw, Poland. I was born and raised in one of the poorest parts of the country. I got a scholarship and went to a high school here in the US back in 1994.

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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!

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.