
Omri tells a wonderful story of validating and navigating his original FinTech idea in Israel and building a company in the US.
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?
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We have a huge audience of developers, engineers, and programmers who want to transition to becoming successful entrepreneurs.
This conversation explores the journey of such a developer. Fantastic story!
Sramana Mitra: Let’s go to the very beginning of your journey. Where were you born, raised, and in what kind of background?
>>>This feature from Crunchbase News looks at how startups are innovating and using technologies like Blockchain to mend and then enhance supply chains. For this week’s posts, click on the paragraph links.
>>>Julie Lein, Managing Partner at Urban Innovation Fund, discusses pre-seed and seed funding in companies focused on the betterment of cities.
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In case you missed it, you can listen to the recording of this roundtable here:
Sramana Mitra: So you had Naren on your Board for a while?
Kashyap Deorah: Yes. I said, “I’ll go with Nexus if you’re on the Board. Would you have the bandwidth for me?” He said, “I have all the time in the world.” He actually lived that. I never felt short of time with him. He would make time with me.
Sramana Mitra: Tell me about the business. You had early customers and validation. You had a significant financing round. What were the next major milestones?
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Entrepreneurs are invited to the 567th FREE online 1Mby1M Mentoring Roundtable on Thursday, March 10, 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!
Sramana Mitra: When does the acquisition happen?
Jonathan Foltz: After that, I was thinking that e-commerce is the way. We did $5 million in a month. Then I decided to raise money. We send the pitch deck out. We got a lot of interest. We came across a family office. The family office loved what we had. We gave them the story.
They said, “We love your company, but we only invest in public companies.” I never really thought about being a public company. I was always okay being private. I can do it, but do I want to do it.
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