Seong Kim, Corporate Strategy & Development for Chegg Inc. discusses exit strategy within EdTech.
Sramana Mitra: Let’s start with a little bit of introduction. What path have you pursued in the industry? Then we’ll get into some specific topics.
Seong Kim: I’ve been working in Corporate Strategy & Development for the past six and a half years. To me, it’s important to articulate my role in that way because the strategy part must lead the development part. The characteristic that most differentiates what I do now versus what I did prior is the strategy part.
>>>The global mobile application testing services market is expected to grow at 20% CAGR. While 90% of this testing happens in-house, that trend is shifting. India’s Unicorn player BrowserStack is a leading player in the market that pegs the market at $45 billion and is targeting to gather 50% market share.
>>>Seksom Suriyapa, Partner at Upfront Ventures, and formerly Head of Corp Dev at Twitter, SuccessFactors, and McAfee and Akamai discusses exit strategy from the buy-side perspective at length.
Sramana Mitra: Let’s start by having you talk a little bit about your background in corp dev doing acquisitions from the buy side from various significant companies before you switched to the venture side.
>>>This eBook from Gartner looks at the top 12 strategic technology trends and why they are valuable in delivering growth, digitization, and efficiency. For this week’s posts, click on the paragraph links.
>>>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 – Les Sanguinaires
Les Sanguinaires | Sramana Mitra, 2020 | Watercolor | 18 x 24, On Paper
Sramana Mitra: In that funnel, you’re leading with audits?
Peter Bookman: Often. When you know the consultants are saying, “It’s $25,000 to come in and take my laptop and walk through your halls. I’m going to connect to your network and produce a report that you’re going to do something with.” The report is going to create a risk profile without a score.
If you happen to be doing that, we can come and, for a fraction of the cost, we can provide that same information and also semi real-time. You can get that same visibility and one more important thing, which is the ability to interrupt an attempted exploit. Whether that’s us, MSP, or a CISO, that’s very dependent on the organization. Each one has its own preferred means of escalation and dealing with things.
>>>In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had a wonderful discussion on a Consumer Data Privacy startup idea.
DaXlens
Krishna Katragadda from Dublin, California, pitched Daxlens, a company focused on giving consumers better control over their data.
You can listen to the recording of this roundtable here: