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Building a Virtual Company to $20 Million: Rob Cheng, CEO of PC Pitstop (Part 3)

Posted on Monday, Apr 15th 2019

Sramana Mitra: It was a software-driven diagnostic tool. You were running a piece of software from the internet onto that machine.

Rob Cheng: Yes. It was using a technology by Microsoft called ActiveX. It was quite similar to cloud computing. We stored all the results there. We were able to track which type of computers were slower.

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Catching Up On Readings: Softbank Transportation Bets

Posted on Sunday, Apr 14th 2019

This feature from Reuters analyzes Softbank’s investments worth $60 billion in over 40 companies. Uber’s planned IPO in May could be a potential windfall to SoftBank. For this week’s posts, click on the paragraph links.

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439th Roundtable Recording on April 11, 2019: With Michael Smerklo, Next Coast Ventures

Posted on Sunday, Apr 14th 2019

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

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1Mby1M Virtual Accelerator Investor Forum: With Matt Holleran of Cloud Apps Capital Partners (Part 7)

Posted on Sunday, Apr 14th 2019

Sramana Mitra: If you look at your 2018 deal flow, how many deals have you looked at? What are the nuggets you’re seeing that speak somehow to your investment thesis? What are you seeing out there?

Matt Holleran: We make about three or four investments per year and the reason for that is we do a lot of work on the front end. But on the back end, we also take action in areas such as recruiting, partnerships, and feedback.

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Building a Virtual Company to $20 Million: Rob Cheng, CEO of PC Pitstop (Part 2)

Posted on Sunday, Apr 14th 2019

Rob Cheng: I got to know Ted very well throughout that period of time. Ultimately, I introduced him to my friend in Colombia. They started to do business together. Another thing that happened that was very interesting was that Texas Instruments decided to go and stop the production of the PC.

I’ve become friends with people in Dallas. That created a lot of problems for our IT because the entire company was based on the TI PC. They’ve written a lot of custom software. Now they didn’t have any more TI PC’s.

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Colors: Rice Terraces, Reflections

Posted on Saturday, Apr 13th 2019
Rice Terraces, Reflections | Sramana Mitra, 2017

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 – a painting, a poem, a piece of music, so forth – 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 –Rice Terraces, Reflections

Rice Terraces, Reflections | Sramana Mitra, 2017 | Water color, Ink and Pastel | 18 x 24, On Paper

Related Reading: Six Books That Have Offered Me Significant Insights

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1Mby1M Virtual Accelerator Investor Forum: With Matt Holleran of Cloud Apps Capital Partners (Part 6)

Posted on Saturday, Apr 13th 2019

Sramana Mitra: Let’s talk about a few of your portfolio companies. What have you invested in that you feel really good about? What did you see in these companies that really captured your attention?

You gave us one example to begin with. So give us a little bit more color on these companies that you have chosen to invest in.

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Building a Virtual Company to $20 Million: Rob Cheng, CEO of PC Pitstop (Part 1)

Posted on Saturday, Apr 13th 2019

Rob figured out the joys of virtual companies back in 1999. Today, he runs a 65-person virtual company that makes $20 million in revenue. Wonderful story.

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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