According to a recent year, the global unified communication as a service (UCaaS) market is expected to grow 13% annually from $28.96 billion in 2021 to $69.93 billion in 2028. The growth in the industry is driven by the continuing adoption of remote working conditions globally and improved API-driven capabilities. Communications PaaS player Twilio (NYSE: TWLO) recently reported its first break-even quarter.
>>>For those of you following our coverage of techies transitioning into successful entrepreneurs, here is another terrific case study.
Cyber Security is probably the tech industry’s more prolific segment. James discusses a specific approach to network security that has become increasingly more contemporary and relevant: segment-based policy.
Sramana Mitra: Let’s start by introducing our audience to a bit of your background as well as Elisity.
>>>This feature from the Time magazine looks at why tech stocks are falling and what it means for the economy. For this week’s posts, click on the paragraph links.
>>>Sramana Mitra: The ecosystem has come together for sure. I’m a big fan of capital-efficient startups and fundamentals-oriented startups. In January, we analyzed 20 Indian unicorns. I didn’t consider two as overvalued. The rest were dramatically overvalued. That means that people are investing in the future and expecting that the valuation is going to get back-filled, which is the way unicorn investing often happens.
>>>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 – Fall Reverie IX
Fall Reverie IX | Sramana Mitra, 2020 | Watercolor | 9 x 12, On Paper
Sramana Mitra: Does your thesis also translate into FinTech? FinTech has a big B2B element to it and there is a lot going on. India is a very big FinTech market.
Krishnakumar Natarajan: You’re absolutely right. Fintech is becoming a very large market in India. The public digital infrastructure to support FinTech in India is also well-established starting with the identity management system to the UPI which is peer-to-peer payment almost with no fee.
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Funding = Success, right? I wish it did. But entrepreneurial tracks are littered with carcasses of dead startups that were very well funded, some to the tune of hundreds of millions. As a case in point, watch this 2 minutes 31 second video: Death By Overfunding.
If you prefer to read instead of watching, read the Nasty Gal story here:
Krishnakumar Natarajan, Co-founder of Mela Ventures and former CEO of Mindtree, discusses the Indian Venture ecosystem.
Sramana Mitra: I’m looking forward to catching up with you. We haven’t talked in a while, but we have followed each other’s work for a long time. Catch me up on Mela Ventures.
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