According to a recent report, the US-based IT consulting market is estimated to grow 2% to $546.9 billion market in 2022. Recently listed tech consultant company ThoughtWorks (Nasdaq: TWKS) is expanding its market presence through acquisitions and partnerships.
>>>FinTech companies are difficult to get off the ground. This case study is a deep dive into how Eytan managed to get to the seed funding round and marshal capital to go to the next level.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as NorthOne.
>>>Sramana Mitra: Can you talk to me about the competition? There is a whole bunch of players in the EdTech space who also cater to the same customers that you are interested in. Pluralsight is a very good example. Who else do you consider as a competitor?
Ben Spring: There are a couple of labs in the industry. They all have their own USP. Where TryHackMe is really strong is delivering training content to an individual. We heavily embed gamification into the product to make it engaging and fun. A lot of our competitors are catering to the enterprise space.
>>>Based on a discussion at VB Transform 2022 held in San Francisco last week, this feature from Venture Beat looks at how distributed AI is key to pushing the AI innovation lab. For this week’s posts, click on the paragraph links.
>>>Guy Gotslak: We’re interested in providing fractionalized metals like gold and silver. We have plans to put that on the platform. Especially in times like this, more people are buying metals. Gold is doing well. That will allow us to stay stable. From a client standpoint, it helps people get access to diversification.
Even if you talk about tokenizing real estate, a lot of people can’t buy a whole house. They don’t have enough for the down payment or maybe they don’t have good enough credit. By tokenizing real estate, you can buy a part of a house and you can do it at a click of a button.
>>>Sramana Mitra: How many enterprise customers do you have right now?
Ben Spring: Well over a hundred. We’ve been super fortunate to onboard Fortune 500 companies, lots of governments, lots of schools, and colleges. We’ve done some really rewarding work with the education of Scotland to provide training to 14 and 15-year-olds to break into the industry. We’ve been able to expand the number of people using TryHackMe whether you’re a 14-year-old, someone who wants to transition jobs, or someone who’s working in a business.
>>>Sramana Mitra: How many crypto traders are on the system?
Guy Gotslak: We’re in the thousands so far. Each individual contributes a good amount because the average IRA that comes in is $25,000 to $50,000. We’re already in the thousands of users and growing.
Sramana Mitra: What is your business model?
Guy Gotslak: We take a transaction fee. We’re looking to expand our products into other assets as well.
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Les Pins II
Les Pins II | Sramana Mitra, 2020 | Watercolor, Pastel, Brush Pen | 9 x 12, On Paper