Cloud Stocks: Okta Bounces Back Stronger Despite Security Event

Earlier this year, Okta (NASDAQ: OKTA) had reported an embarrassing security breach incident. If the market was worried about Okta struggling on account of the lapse, its recent quarterly results put all those doubts to rest. The stock market has been bumpy this year, and Okta’s stock had fallen by more than 70% since the start of the year. However, the quarterly results coupled with a strong outlook have sent its stock soaring again.

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Solo Student Entrepreneur to $5M: David Liu, CEO of Deltapath (Part 3)

Sramana Mitra: In 2007 when you put together the appliance, how many customers did you get? How much were they paying on average?

David Liu: By 2007, we’d won Nokia. Nokia started deploying us globally. We also got Juniper Networks.

Sramana Mitra: This is still just you?

David Liu: Yes.

Sramana Mitra: Fantastic!

1Mby1M Virtual Accelerator Investor Forum: With Chandrashekar Kupperi, General Partner of Peaceful Progress Fund (Part 2)

Sramana Mitra: Let’s go to a few examples of companies that you’ve invested in within the tech-enabled field.

Chandrashekar Kupperi: The first is an EdTech company. This is a startup that helps students or professionals connect with the right mentors. It all happens via AI. It ensures that any follow-on support is given.

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Thursday, June 30 – 581st 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 581st FREE online 1Mby1M Mentoring Roundtable on Thursday, June 30, 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!

Cloud Stocks: RingCentral Maintains UCaaS Leadership Through Partnerships and Innovation

Earlier last month, Unified Communication-as-a-Service (UCaaS) leader RingCentral (NYSE:RNG) announced its first quarter results that continued to surpass market expectations. RingCetnral has been building its market presence through continued partnerships with key go-to-market players. The move has helped it secure its leadership position in the North American market.

Solo Student Entrepreneur to $5M: David Liu, CEO of Deltapath (Part 2)

Sramana Mitra: How did you find these customers?

David Liu: They came to us. They found our website.

Sramana Mitra: Google search?

David Liu: Yes. SIP is the industry standard for VoIP and PBX basically means phone system. I remember if you type SIP PBX, we would come up on the first page.

Best of Bootstrapping: Bootstrapping a 2-Sided Marketplace to $10M

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

CEO Sal Akbani had bootstrapped Gateway Classic Cars to over $10 million in revenue when we spoke in 2017. This is a great story of how a two-sided marketplace was masterfully seeded and scaled in a niche market.

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

Sal Akbani: We have the same ancestry. My parents were from India. I was born in Pakistan. My mother is from Calcutta. My dad is from Bombay.

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1Mby1M Virtual Accelerator Investor Forum: With Chandrashekar Kupperi, General Partner of Peaceful Progress Fund (Part 1)

Chandrashekar Kupperi is General Partner at Peaceful Progress Fund, an angel fund in India. We have some very interesting discussions on consumer startups in India, especially the ones targeting lower economic strata consumers.

Sramana Mitra: Tell us a bit about your background as well as what you’re doing with Peaceful Progress Fund.