Hamiz Awan: One example is the Ethereum network. It’s essentially a plug-and-play Blockchain solution. If you want to build a Blockchain startup, you don’t have to go and build a Blockchain yourself. You can just plugin to the Ethereum network that already has the infrastructure, security, and incentives figured out. You are just using it like you’re using the internet to build Facebook.
In order for anybody to use the Ethereum network, they have to pay a certain fee to process their transaction. That fee has to be paid, and it’s the second largest digital asset in the world.
>>>Sramana Mitra: What are the metrics? How many buy side and how many sell side do you have?
Mike Rosenbaum: We have over 50,000 locations across Australia and over 200,000 members on our platform. In the US, we have over 10,000 locations now. It’s growing rapidly. The key thing for us is to keep balancing supply and demand at that hyperlocal level. That’s something we’re optimizing.
>>>
Considering how omnipresent the topic of fundraising is in the entrepreneurship media, it is entirely reasonable to dedicate a quarter or a semester to teaching how investors think.
>>>
In teaching the 1Mby1M methodology of building technology startups, we recommend you start with Bootstrapping. If you’re teaching within a quarter or a semester system, an entire quarter or semester should be dedicated to driving home the importance and the mechanics of this critical subject.
>>>
Entrepreneurship is not a career. It is a way of life.
For me, this journey began as a graduate student at MIT in 1994. The world watched Netscape go public that spring, and the Internet swept over us like a virus. As I wrote my Masters thesis, I also wrote my first business plan. We were, as a generation, shaping the Internet during those early years, and, my degree in hand, I was ready to jump into the unknown – from then on really, I have been jumping into unknowns at every turn.
>>>On November 4, 2021, we ran a Workshop on How to Build Communities of Entrepreneurs EVERYWHERE:

Hamiz Awan, Founder and Partner at Plutus21 Capital, discusses Blockchain infrastructure and platforms.
Sramana Mitra: Let’s introduce you to our audience. Tell us a bit about our background as well as about Plutus21 Capital.
>>>Dr. Aniruddha Malpani, Founder of Malpani Ventures, is an active angel investor in Indian startups for the past decade. Wonderful conversation.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | TuneIn | RSS