
Entrepreneurs are invited to the 573rd FREE online 1Mby1M Mentoring Roundtable on Thursday, April 28, 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!
Andrus Oks is Founding Partner at Tera Ventures, based in Estonia. We have a great discussion on entrepreneurship in the Baltic and Scandinavian countries in particular.
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In case you missed it, you can listen to the recording of this roundtable here:

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
I am sure you are following the Bootstrapping to Exit (let’s call it B2E) articles. Last time, I showed you some case studies of larger companies who are acquiring bootstrapped startups.
In this post, I will double-click down on the buy-side psychology of the B2E phenomenon.
There are several factors that play into a relatively larger company acquiring a smaller player.

During this week’s roundtable, we had as our guest Andrus Oks, Founding Partner at Tera Ventures, based in Estonia. We had a great discussion on the Baltic and Scandinavian countries in particular.
Peep
As for entrepreneur pitches, today we had Elif Aydin from New York, pitching PeeP, an app for identifying street parking. Also an excellent discussion.
You can listen to the recording of this roundtable here:

Often niche ideas are great to build capital-efficient, profitable startups on.
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?
Joris Kroese: I was born in a small village close to Amsterdam. I was born in 1977. I studied Information Engineering. After my studies, I started my first venture which was an e-commerce venture selling, mainly, consumer electronics in Benelux and Spain. I did that for about 10 years.
>>>Sramana Mitra: There is a tool that I use when we teach our entrepreneurs about building a sales funnel. We call it pain extraction questions. When you start discussions, you ask questions about a pain. What is your first pain extraction question?
Mahendra Alladi: How often do you get bit by a production bug? How many escalations do you take because of delayed release cycles? The answers are also very common. This is something that is a burning issue. I don’t really have to sell a lot. The problem is easily acknowledged.
>>>Sramana Mitra: Did you need equity financing or were you doing it completely on the basis of that seed round and these lending facilities?
Brent Jackson: In between, we did do another seed round for $2.4 million in equity fund.
Sramana Mitra: This was from a VC?
>>>