According to a recent report, the global Blockchain technology market was valued at $5.92 billion in 2021 and is expected to grow at an impressive 86% annual rate through to 2030. The growth in the market is expected to be driven by the continued adoption of cryptocurrencies by governments and through the increasing venture capital funding within the blockchain technology companies. The governments of the US, Canada, Australia, El Salvador, and Ukraine have already legalized several transactions in cryptocurrency. Even the EU makes it legal to trade and use Bitcoin. Blockchain.com is the poster child of the industry that continues to grow through acquisitions and product expansion.
>>>Sramana Mitra: Is this a rolling program?
Britt Baker: People can join anytime. We took on a handful of people in March from another Facebook post. Then we really decided to take more people in April which is when we started advertising.
Sramana Mitra: What kind of advertising did you do?
Britt Baker: We advertised on Facebook and Instagram.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Vainu.io Co-founder Mikko Honkanen has steadily built an excellent SaaS company from Finland and when we spoke in 2017, was expanding into the US as well. Read on for more.
Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Mikko Honkanen: I was born in a small town in Finland, 20 miles up north from Helsinki. I studied at Helsinki School of Economics. I also studied at Oxford. Then I spent the last 10 years in the SaaS business. I spent almost seven years at a Norwegian company called Meltwater.
Entrepreneurs are invited to the 578th FREE online 1Mby1M Mentoring Roundtable on Thursday, June 9, 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!
Bill Baumel, Managing Director at Ohio Innovation Fund, is one of the pioneers of the Ohio startup ecosystem.
Sramana Mitra: Let’s start with some introduction to where you are with your work with Ohio Innovation Fund. What’s happening in Ohio as an ecosystem?
>>>Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its first-quarter results that continued to outpace market expectations. The company crossed a major milestone as it ended the quarter with an annualized revenue rate of over $2 billion. The market is very pleased with Veeva, and its stock jumped 13% in the after-hours trading session.
>>>Sramana Mitra: Britt, get us to the point where you launched Dow Janes. How did you get yourselves off the ground?
Britt Baker: It’s the fall of 2019. I have another job at that time that I decided was not my passion. I’d be going to dinner parties and cocktail parties and everyone would ask when’s the next Dow Janes meeting. I knew that Laurie-Anne had started an online business before. I called Laurie-Anne. She was about eight months pregnant.
>>>According to a recent report by Emergen Research, the global Hyper-Converged Infrastructure (HCI) market size is estimated to grow at 26.8% to reach $48.17 billion by 2028 from $ 7.34 billion in 2020. The growth in the industry is driven by the rising demand for data security and disaster recovery solutions. Nutanix (Nasdaq: NTNX), recently reported its third quarter results that continued to surpass market expectations, but the weak outlook was not looked upon favorably by the stock market.
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