573rd Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 573rd FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, April 28, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!

Featured Videos

IPOs 2021: Analysis of Zeta Global’s Acquisitions

According to recent research, the media owners’ advertising global revenues grew by 22% in 2021 to reach a record $710 billion and is expected to grow by another 12% this year. Digital advertising sales that include search, social, video, banners, and digital audio increased by 31% to reach $442 billion. Zeta Global (NYSE:ZETA) is a leading player in the advertising market that is continuing to expand its market share through acquisitions.

Applying AI to Lead Generation: Rev CEO Jonathan Spier (Part 3)

Sramana Mitra: How did you get millions of bookings prior to having a product?

Jonathan Spier: A big portion of that was because of spending time upfront to identify a vision that the right people care about and then connecting with those right people.

Sramana Mitra: Where did that vision come from?

Jonathan Spier: My co-founder was our original visionary. It was the team overall. We had a great team. It was a joint vision between us and customers.

Video FAQs

Best of Bootstrapping: Bootstrapped Unicorns

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

While it doesn’t happen that often, Bootstrapped Unicorns do exist.

My 2014 Entrepreneur Journeys book, Billion Dollar Unicorns, has a whole section on this topic. You can read an excerpt on my blog titled Bootstrapped Unicorns. In this piece, I discuss three companies, Zoho, eClinicalWorks, and Veeam, that have bootstrapped to about a billion dollars in revenues.

Revenues NOT valuation.

That puts their valuations in the five to ten billion range or beyond. So they are Unicorns (billion dollar valuation) many times over.

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568th 1Mby1M Entrepreneurship Podcast with Abinash Saikia, EnCloudEn (Part 3)

Sramana Mitra: Let’s talk about the acquisition itself. At what point did you start speaking with the acquirer? I introduced you to a whole bunch of people as well. We were working on getting you in front of people. Discuss when did you start this process and how you put one foot after the other.

Abinash Saikia: At our peak, we were close to a million dollars in revenue. Towards the end of the year, the pandemic hit and we were not able to close the deals, but we were in that range. When the pandemic hit, it was a very uncertain time. We knew that we had some backup in terms of funding but not a whole lot. We know that we’re going through a phase where sales would drop significantly.

AI Unicorns 2022: CommerceIQ Leverages AI for Retail Industry Digitization

Analysts estimate e-commerce sales in the US to cross $1 trillion in 2022. Earlier pre-pandemic estimates had predicted the industry to cross this milestone in 2024. B2B e-commerce is also expected to grow 12% this year to $1.77 trillion. Companies like CommerceIQ are making it easier for the retail industry to transform their digital operations to keep pace with this high growth.

Applying AI to Lead Generation: Rev CEO Jonathan Spier (Part 2)

Sramana Mitra: How far did you take that company?

Jonathan Spier: We grew it for about seven and a half years. We had raised a little over $20 million, and we had an offer to sell into the nine figures from a major enterprise software company. One of the board members didn’t want to sell. They kept it private. The good news is it’s a good company. It’s still considered the leader in the enterprise analytics category.

Sramana Mitra: What is the name of the company?

Thursday, April 28 – 573rd 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 573rd FREE online 1Mby1M Mentoring Roundtable on Thursday, April 28, 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!