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1Mby1M Virtual Accelerator Investor Forum: With Krishnakumar Natarajan, Co-Founder of Mela Ventures (Part 2)

Posted on Saturday, May 14th 2022

Sramana Mitra: Does your thesis also translate into FinTech? FinTech has a big B2B element to it and there is a lot going on. India is a very big FinTech market.

Krishnakumar Natarajan: You’re absolutely right. Fintech is becoming a very large market in India. The public digital infrastructure to support FinTech in India is also well-established starting with the identity management system to the UPI which is peer-to-peer payment almost with no fee.

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Best of Bootstrapping: Startup Deaths by Overfunding

Posted on Friday, May 13th 2022

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

Funding = Success, right? I wish it did. But entrepreneurial tracks are littered with carcasses of dead startups that were very well funded, some to the tune of hundreds of millions. As a case in point, watch this 2 minutes 31 second video: Death By Overfunding.

If you prefer to read instead of watching, read the Nasty Gal story here:

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1Mby1M Virtual Accelerator Investor Forum: With Krishnakumar Natarajan, Co-Founder of Mela Ventures (Part 1)

Posted on Friday, May 13th 2022

Krishnakumar Natarajan, Co-founder of Mela Ventures and former CEO of Mindtree, discusses the Indian Venture ecosystem.

Sramana Mitra: I’m looking forward to catching up with you. We haven’t talked in a while, but we have followed each other’s work for a long time. Catch me up on Mela Ventures.

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Cloud Stocks: Analysis of ON24’s VIBBIO Acquisition

Posted on Friday, May 13th 2022
on24

According to a recent report, the global digital experience platform market, valued at $11.7 billion in 2022, is expected to grow at 13% CAGR through 2030. San Francisco-based ON24 (NYSE: ONTF) continues to expand its presence in the market through acquisitions and product expansion.

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Entrepreneur Couple Bootstrapping an EdTech Company to $10M: Boom Cards CEO Mary Oemig (Part 5)

Posted on Friday, May 13th 2022

Sramana Mitra: The $10 million in revenue, was that also 50/50?

Mary Oemig: Yes. It’s pretty standard that it splits that way. There is some seasonality. The pandemic was this weird surge. This school year is the new baseline, but the pattern has been consistent over the years.

Sramana Mitra: Is this still bootstrapped?

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Best of Bootstrapping: Bootstrapping SmartBuyGlasses to $50M

Posted on Thursday, May 12th 2022

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

SmartBuyGlasses Co-CEO David Menning has bootstrapped a global e-commerce venture from Hong Kong. Splendid execution!

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?

David Menning: I grew up in Sydney. I’ve been educated in Australia. In my later years, I studied at universities overseas both in Canada and Japan for a little while. It was this time when I was abroad spending time in different countries that I was exposed to different business models, cultures, and people.

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From Brazil to a US HRTech Success Story: Talentify: Othamar Filho (Part 3)

Posted on Thursday, May 12th 2022

Sramana Mitra: At what point did you start to get a steady stream of new customers?

Othamar Filho: It was in the middle of 2018 – a year and a half later. We started to see revenue from our direct clients grow. The reason was we were simplifying the product. What will help them make a decision faster? What will be something that would solve a pain point right now? That was the path. About two and a half years later, we got to a point where Cielo was 20% of our revenue.

Sramana Mitra: What kind of customers did you get that traction from?

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Cloud Stocks: Bill.com Builds Value Added Services to Expand Wallet Share

Posted on Thursday, May 12th 2022

Earlier this month, Bill.com (NYSE:BILL) reported its third-quarter results that outpaced the market’s expectations driven by the addition of a record number of net new customers. The company is expanding its product portfolio to provide more services to its existing customer base.

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