This report from Ernst & Young analyzes the global IPO trends. The energy sector dominated the top 10 IPOs and replaced tech as the top fundraiser. For this week’s posts, click on the paragraph links.
>>>Sramana Mitra: What is the revenue trajectory that you can share? How many subscribers do you have? What is the situation now?
Eytan Bensoussan: We don’t share specifics on that. What COVID did for us was, it actually put jet fuel in the engine and nobody told us. We thought it was the end of everything. Small businesses in America were looking for some sort of a banking offering that could be run from their basement. It turned a lot of eyes on folks like us and others in our space who are designed for branchless banking. The company grew dramatically.
>>>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 – Age of Innocence II
Age of Innocence II | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8 x 8, On Paper
Sramana Mitra: It’s a very crucial point where you raise your first institutional round of financing. It doesn’t have to be an institutional round, but it has to be a seed round. How much was the seed round?
Eytan Bensoussan: It was $1.7 million.
Sramana Mitra: The investors are from New York??
>>>Bhaskar Ghosh, Partner and CTO at 8VC, discusses his firm’s investment thesis, and we have an interesting discussion about the definition of a “good” entrepreneur.
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Entrepreneurs are invited to the 585th FREE online 1Mby1M Mentoring Roundtable on Thursday, August 11, 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!
During this week’s roundtable, we had as our guest Bhaskar Ghosh, Partner and CTO at 8VC, discussing his firm’s investment thesis. We had an interesting discussion about the definition of a “good” entrepreneur.
UpTerra
As for our entrepreneur pitch, we had Roland Van der Meer from San Francisco, California, pitch UpTerra, a fascinating AgTech company that is already at $3M in revenue.
You can listen to the recording of this roundtable here:
In case you missed it, you can listen to the recording here: