548th 1Mby1M Entrepreneurship Podcast with Lloyed Lobo, Co-Founder of Boast.ai (Part 6)

Sramana Mitra: ARR is now your business model right?

Lloyed Lobo: We look at it as ARR. For every year a company does R&D, they pay us. It’s recurring. Although we take a percentage, it’s very consistent with how much R&D they do. That’s how we model it out. 

Sramana Mitra: How many customers is $10 million ARR for you?

Featured Videos

Apple Fails to Dodge Supply Chain Woes

The global supply chain pressures are hurting some big players. Earlier last week, Apple (Nasdaq: AAPL) announced its fourth-quarter results that failed to meet market expectations as the company reported an impact of $1.5 billion on account of supply chain challenges. But Apple continued to release new products and services across the spectrum to expand its global market reach.

9 Udemy Courses on How To Build an e-Commerce Startup

Are you new to e-commerce or already scaling your business? Do you want to accelerate? This is a collection of courses that can help you save time and resources by teaching you how to avoid common mistakes through case studies.

Video FAQs

Thought Leaders in Artificial Intelligence: Salil and Kiran Pande, Co-Founders of VMock (Part 2)

Sramana Mitra: Go down one level and explain more about the technology. 

Salil Pande: What we have done is essentially provide feedback on your resume. For feedback from someone qualified today, they would have to spend boatloads of time with you. There is an assumed knowledge that they should have about what’s a good resume and what’s a good role that is fit for you. Then they should be articulate in giving you concise, objective, and actionable feedback.

551st 1Mby1M Entrepreneurship Podcast with Sandeep Sardana, BluePointe Ventures

Sandeep Sardana is Founder and General Partner at BluePointe Ventures. We had a terrific discussion on how we each look for a startup story through financial metrics.

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS

Thursday, November 4 – 552nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 552nd FREE online 1Mby1M Mentoring Roundtable on Thursday, November 4, 2021, 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.

During this roundtable program, Sramana Mitra will be hosting a Workshop on How to Build Communities of Entrepreneurs EVERYWHERE. Following the workshop, we will hold our usual entrepreneur pitch session.

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!

548th 1Mby1M Entrepreneurship Podcast with Lloyed Lobo, Co-Founder of Boast.ai (Part 5)

Sramana Mitra: How did you manage the early phase where you had to stay afloat to get paid?

Lloyed Lobo: With the help of loans, houses bank loans, credit cards, and very lean teams.

Sramana Mitra: How many were you?

Lloyed Lobo: When we started, it was just me and my co-founder. Then there was a whole bunch of people. It was hard making payroll. A lot of credit to my co-founder because he funded it out of his personal cash to make payroll many times. We also got loans on my house and Alex’s house. They were very hard times. One of the things for us was our wives have been very supportive.

Cloud Stocks: Google Attempts to Gain Ground in Cloud and AI

Google (Nasdaq: GOOG) recently reported its quarterly results that continued to outpace market expectations. Like most other tech players, Google delivered strong growth across all segments. The company is pushing hard on all fronts, especially Cloud. But the market leaders continue to remain far ahead of them.