586th 1Mby1M Entrepreneurship Podcast with Tae Hea Nahm, Storm Ventures

Tae Hea Nahm, Managing Director and Co-founder at Storm Ventures, emphasizes and articulates his firm’s specific interest in investing in vertical cloud startups.

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August 25 – 587th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 587th FREE online 1Mby1M Mentoring Roundtable on Thursday, August 25, 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!

586th Roundtable Recording with Tae Hea Nahm, Storm Ventures

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

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Roundtable Recap: August 18 – A Discussion on Vertical Cloud

During this week’s roundtable, we had as our guest Tae Hea Nahm, Managing Director and Co-founder at Storm Ventures, who emphasized and articulated his firm’s specific interest in investing in vertical cloud startups.

You can listen to the recording of this roundtable here:

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Building a Capital Efficient Healthcare AI Venture to $20M: Deepak Gaddipati, Founder and CTO of VirtuSense (Part 1)

Deepak has built a capital-efficient fall-detection company from Peoria, Illinois with a backend engineering team in Rawalpindi, Pakistan.

It’s an impressive entrepreneurial journey with a mission-driven company that is making real impact in the lives of seniors with fall risk.

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?

Building a European EdTech Unicorn from Vienna, Austria: Felix Ohswald, CEO of GoStudent (Part 5)

Sramana Mitra: Talk about financing. Before the pivot, you raised $3 million. What happens after the pivot?

Felix Ohswald: We raised $600 million in all.

Sramana Mitra: What was the next round immediately after the pivot?

Felix Ohswald: We pivoted in 2019. We had 12 months where we tested out a couple of things. At the beginning of 2020, we raised our Series A round of €8 million from a VC firm in New York and London. With that money, we pushed in our international expansion.

From Developer to Solo Entrepreneur to $5M+ Revenue: Sporcle Founder and CTO Matt Ramme (Part 6)

Sramana Mitra: What is the financial engineering of an acquisition like this? You have not raised any money for this company, right?

Matt Ramme: Correct.

Sramana Mitra: Private companies acquiring private companies is very complicated to pull off. Talk a little bit about that.

Building a European EdTech Unicorn from Vienna, Austria: Felix Ohswald, CEO of GoStudent (Part 4)

Sramana Mitra: You said you talk to parents to map out a journey. Can you double-click down on that a bit? How much tutoring does a family require?

Felix Ohswald: On average, a family consumes eight sessions per month. That’s two sessions per week. One session is about 50 minutes in our case. On average, one kid has about two teachers. Over the whole learning journey of the kid, the child uses up to two teachers. Most of the time, this is in one particular subject. In a market like Germany, the number one reason why families take tutoring is that a kid struggles in a subject.