Catching Up On Readings: AI Market 2022

Gartner forecasts the AI software market will grow 21.3% to $62.5 billion in 2022 and that the top five use case categories for AI software spending in 2022 will be knowledge management, virtual assistants, autonomous vehicles, digital workplace, and crowdsourced data. For this week’s posts, click on the paragraph links.

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Colors: Pregnant Sky

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 – Pregnant Sky

Pregnant Sky | Sramana Mitra, 2020 | Watercolor | 9  x 12, On Paper 

Bootstrapping an Artificial Intelligence Startup with Services: Nitesh Chawla, Founder, Aunalytics (Part 6)

Sramana Mitra: That’s still a horizontal issue though. Connectors are still horizontal plumbing. There are a finite set of data warehouse that you need to connect to. As long as you have those, you are good. Where is the vertical logic coming from?

Nitesh Chawla: Then we got through mapping workshops. We sit down with the business person and go through the process of understanding the business question, looking at the data, and doing some validation. We conduct workshops. We have deep domain knowledge of the banking sector now. I was always convinced it’s a collaboration. It’s an immersion process. Then we bring in that vertical knowledge into our technology layer.

Video FAQs

555th Roundtable Recording with Seksom Suriyapa, Upfront Ventures

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

Roundtable Recap: December 2 – More on Exit Strategy

During this week’s roundtable, we had as our guest Seksom Suriyapa, Partner at Upfront Ventures, and formerly head of Corp Dev at Twitter, SuccessFactors, McAfee and Akamai. Seksom discussed exit strategy from the buy-side perspective at length.

OneNDF

As for entrepreneur pitches, up first we had 1Mby1M Premium member Nitin Khandelwal from New Delhi, India, pitching OneNDF. It was more a working session on his financial and fund-raising strategy.

ExtraSlice

Next, we had Binu Reghunathan from Bellevue, Washington, pitch ExtraSlice, a commercial real-estate marketplace that is taking advantage of the work-from-home trend and the desire for flexibility in office space.

You can listen to the recording of this roundtable here:

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Colors: Mountain Stream

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 – Mountain Stream

Mountain Stream | Sramana Mitra, 2020 | Watercolor | 9  x 12, On Paper

Cloud Stocks: Analysis of Salesforce’s LevelJump Acquisition

Salesforce (NYSE: CRM) recently announced its third-quarter results that continued to surpass market expectations. The company is banking on acquisitions and partnerships to continue to drive its stellar growth.

Best of Bootstrapping: Bootstrapping Edge Hosting to $18 Million

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Vlad Friedman, CEO of Edge Hosting, had built his business using only bank financing when we spoke in 2016. Read how he did it and learn more about non-dilutive financing mechanisms.

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?

Vlad Friedman: I was originally born in Ukraine back in 1973. In 1979, my family decided to immigrate to the United States. I came to Baltimore, Maryland at the age of six from Kiev. My family and I have lived here ever since.

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