Building a Global Hardcore Financial Technology Company from Brazil: Ricardo Josua, CEO of Pismo (Part 1)

We don’t hear of hardcore B-to-B technology ventures coming out of Latin America very often.
Ricardo is building one that caters to banks and financial institutions, has raised over $100M in financing, has over $25M in revenue, and has major Latin American banks as customers.

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?

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From Developer to Serial Entrepreneur: Michael Morris, CEO of Torc (Part 1)

Michael has not only transitioned successfully from a developer to an entrepreneur, but he has also built communities of developers and 2-sided marketplaces around them over and again. Torc is his third run at this overall mission of enabling and empowering developers to have great careers.

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?

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.

Podcast: Play in new window | Download

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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?