Catching Up On Readings: Mobile Wallets

This report from CB Insights analyzes the evolution of mobile wallets and where the technology is going next, from AI-based financial assistants to super wallets. The mobile wallet sector is expected to grow to $7T by 2027 from $1T currently. For this week’s posts, click on the paragraph links.

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September 1 – 588th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 588th FREE online 1Mby1M Mentoring Roundtable on Thursday, September 1, 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!

587th 1Mby1M Entrepreneurship Podcast with Dheeraj Pandey, Nutanix

Dheeraj Pandey, founder of Nutanix and DevRev. The conversation spans a variety of topics and has some brilliant insights on the gaps in the tech industry.

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587th Roundtable Recording with Dheeraj Pandey

In case you missed it, you can listen to the recording here:

Roundtable Recap: August 25 – Open Problems in Data and Design with Dheeraj Pandey

During this week’s roundtable, we had as our guest Dheeraj Pandey, founder of Nutanix and DevRev. The conversation spans a variety of topics and has some brilliant insights on the gaps in the tech industry.

HOP into Homecare

For our entrepreneur pitch, we had Monika Virk from Aldie, Virginia, pitching HOP into Homecare.

You can listen to the recording of this roundtable here:

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1Mby1M Virtual Accelerator Investor Forum: With Pawel Maj, Investment Director at Warsaw Equity Group (Part 4)

Sramana Mitra: We are big fans of capital-efficient businesses that are not necessarily chasing unicorns. Partly, the problem I have with this unicorn chasing is flushing these companies with too much capital. Then the exit bar is so high that companies end up in this twilight zone where they’re burning too much cash, can’t raise more money, and can’t find an exit because the valuation requirements are too high to have a profitable exit.

I’m pleased to hear that you are acknowledging that there are other ways of building businesses. Now there is a question though. How much exit capacity exists in the region? If there are 5,000 to 10,000 startups, how do you think this is going to play out?

Building a Capital Efficient Healthcare AI Venture to $20M: Deepak Gaddipati, Founder and CTO of VirtuSense (Part 5)

Deepak Gaddipati: If you’re over 65, that person is 33% likely to fall. Of the 33%, 20% will get a major injury, about 6% will have falls with major injuries. Once you have a fall with a major injury, your immediate cost is about $34,000 for treatment. If a person falls – not just falls with injury – the likelihood of dying within the next 12 months is over 70%. The stats are pretty much stacked against someone who falls.

When we look at hospitals, it was reacting. What we did in 2016 was we took a portion of the company and asked them to work on the LiDAR technology in-room. We had a sensor that goes on the wall. It reconstructs the whole room in 3D and figures out where everything is.

587th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 587th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, August 25, 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!