I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Printemps I
Printemps I | Sramana Mitra, 2020 | Watercolor, Pastel, Brush Pen | 9 x 12, On Paper
Sramana Mitra: Is there an online-offline data overlay as well? You’re not trying to map that customer to a real customer in retail to be able to market to that person?
Florian Eggenschwiler: When you’re online, you don’t tend to be anonymous. In our basic setup, you’re an anonymous dot with attributes like gender.
Sramana Mitra: In retail, you do have the opportunity to make it non-anonymous. You can correlate POS with behavior. You can market to that person using data.
>>>In case you missed it, you can listen to the recording of this roundtable here:
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Le Ciel III
Le Ciel III | Sramana Mitra, 2020 | Watercolor | 9 x 12, On Paper
Sramana Mitra: Who are the buyers?
Florian Eggenschwiler: It’s usually the airports. There are a number of stakeholders involved that get access to the data. It’s usually the airport that we work with directly. There are also the landlords. They’re the ones that install hardware into the ceiling. They usually tend to be open with this information with government agencies, security checkpoint provider, airline, or ground handling personnel. It could also be the regulator.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
For those of you rushing to raise venture capital with a deck of slides or a minimum viable product, let me offer you a challenge: How can you get to a $20 million pre-money valuation in Series A, raise $5 million, and keep control of 80% of the equity?
That’s what Christian Chabot, founder of Tableau Software, can teach you from his real-life experience. Chabot, needless to say, did so by bootstrapping the early stages of his company, validating the customer need, building a great product in the domain of analytics and visualization, and generating serious revenue and OEM partnerships before going out to raise any venture financing at all.
During this week’s roundtable, we covered how unlikely concept financing is, especially for first time entrepreneurs.
Kula Konnection
Up first we had Chandan Bilagunda from Bangalore, India, pitch Kula Konnection, a concept-stage venture that he wants to fund.
The Buyers and Sellers Club
Next we had Federico Amaya from Helena, Montana, pitch The Buyers and Sellers Club, a real estate business.
You can listen to the recording of this roundtable here:
According to a report published earlier this year, the global cyber security market is projected to grow from $155.83 billion in 2022 to $376.32 billion by 2029 at a CAGR of over 13%. The war in Ukraine is expected to drive 2022 spend even higher. Security player Palo Alto Networks (NYSE:PANW) continues to expand its market presence through its multi-platform strategy.
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