Thursday, February 3 – 562nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 562nd FREE online 1Mby1M Mentoring Roundtable on Thursday, February 3, 2022, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 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!

Featured Videos

Solo Entrepreneur Bootstrapping with a Paycheck to over $15M Revenue: SoPost CEO Jonny Grubin (Part 3)

Jonny Grubin: I wrote to a couple of friends and we launched an MVP. People couldn’t do anything with SoPost, but it allowed me to test the concept. In December 2012, we launched a website where you could sign up with your email address. You could add some delivery addresses and create a schedule, but you couldn’t do anything off the back of it.

Sramana Mitra: You said you worked with a couple of friends. You also had this paycheck that was still going when you started this company. Can you take me to that very beginning before you launched an MVP when you decided to restart? How long did you keep that other job?

1Mby1M Virtual Accelerator Investor Forum: With Dr. Aniruddha Malpani, Founder of Malpani Ventures (Part 2)

Sramana Mitra: One of the observations I have about the global startup ecosystem is this position of looking for paying customers is not at all unusual. I would say the vast majority of investors are looking for paying customers at this point. It has become so much easier to bootstrap companies. There’s a lot of methodology and knowledge about how to bootstrap a company.

The point that you’re making of wanting to see validated companies that already have product-market fit and customers does not come to anybody as a surprise at this stage of the game.

Video FAQs

Cloud Stocks: Analysis of Atlassian’s Percept.AI Acquisition

Recently Atlassian (Nasdaq: TEAM) reported its second-quarter results that continued to surpass estimates. The company is focusing on building its AI capabilities through acquisitions and partnerships with other smaller ventures.

557th 1Mby1M Entrepreneurship Podcast with Eva Yazhari, Beyond Capital Ventures

Eva Yazhari, General Partner at Beyond Capital Ventures, discusses Impact Investing in Africa and India.

Podcast: Play in new window | Download

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Solo Entrepreneur Bootstrapping with a Paycheck to over $15M Revenue: SoPost CEO Jonny Grubin (Part 2)

Jonny Grubin: Aside from that, there were a couple of things that led to its failure. The way we executed was not great. The whole idea behind what we were trying to do was about making the process of shipping a physical item easier. When we went back and looked back, it was a 26-step process to send an item to another person. We were making it much harder. It just really affected the adoption rate. It wasn’t because nobody was interested in the concept; it was because it was a long-winded experience to use our product.

The third is that the timing was wrong. We could have launched exactly the same thing years later and would have had better success. The reality is the way we structured the team, the way we executed things wasn’t helpful.

10 More Indian Unicorns

We previously analyzed 10 Indian Unicorns. Many are unjustifiably overvalued, some are not. However, if the founders can keep their heads straight and execute, thereby back-filling the valuations, invaluable infrastructure could get built in sector after sector.

Here are 10 more:

• Chargebee Helps Businesses Manage their Subscription Billing
• BrowserStack Addresses a $45B Market Opportunity
• Mindtickle Leverages AI for Sales Enablement
• upGrad Consolidating within the EdTech Sector
• Eruditus Targets the K-12 Market
• Zetwerk Brings eCommerce to Manufacturers
• >>>

Cloud Stocks: Analysis of ServiceNow’s DotWalk Acquisition

The IT Service Management (ITSM) applications market is expected to reach $6.8 billion by 2025, from $6.3 billion in 2020. ServiceNow (NYSE:NOW), one of our picks for 25 Cloud Stocks to BUY for 2022, remained the largest vendor in the space with a 40% market share, followed by Atlassian and LogMeIn. Recently, it reported its fourth quarter results that continued to outpace market expectations.