I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Red Barn, Vermont, III
Red Barn, Vermont, III | Sramana Mitra, 2020 | Watercolor | 9 x 12, On Paper
Martin Neale: From our perspective, we understand that the Microsoft sellers provide a specialized service. They typically will be happy to talk to you if you have gone through some of the activities required. You are a Microsoft partner. You have signed up through their co-selling program. If you do those things and your proposition aligns, then that is the time where regular communications happen.
Sramana Mitra: The kind of price point you’re talking about, that’s not necessarily very large deals. But you’re saying that the direct sales force still works with that kind of deal size.
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Red Barn, Vermont, II
Red Barn, Vermont, II | Sramana Mitra, 2020 | Watercolor | 9 x 12, On Paper
Entrepreneurs are invited to the 551st FREE online 1Mby1M Mentoring Roundtable on Thursday, October 28, 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. 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!
During this week’s roundtable, I coached a startup from Tyler, Texas called Zil Money. Very interesting company, and now a part of the 1Mby1M Premium program.
You can listen to the recording of this roundtable here:
Sramana Mitra: What range would you put on your first two categories?
Steven Mitzenmacher: It’s so subjective. I used to live at a time when an enterprise software company could expect a 2.5 to 3 times revenue to be an appropriate multiple. Then you get into the SaaS world where it’s 30 to infinity times. Similarly, now being in the world of professional services, you used to live in a world where 1 to 1.5 times was appropriate. Now you see sexy cloud consultancy companies selling for 4 to 6 times revenue.
>>>The global smart home security market is estimated to grow at 19.8% CAGR to reach $8.55 billion by 2028 from $2.02 billion in 2020. Virginia-based Alarm.com (NASDAQ: ALRM) is a fast-growing provider in the market that continues to expand its product offerings.
>>>Sramana Mitra: The text-to-voice technology is from Nuance?
Martin Neale: It’s not. It might be from Nuance at some point, but Microsoft is already doing their own telephony integration. We use another vendor’s technology for the telephony piece.
Sramana Mitra: Talk to me about the healthcare public service case studies. What kinds of applications and use cases are you using these chatbots around?
>>>