Cloud Stocks: Analysis of Okta’s atSpoke Acquisition

The global identity and access management market size is projected to grow at CAGR of 13.2% to $24.76 billion by 2026. Corporate identity management software company Okta (NASDAQ: OKTA) continues to expand its presence in the market through acquisitions.

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From Student Entrepreneur to a $15 Million Revenue Ultralight Business: Stephanie Madesh, CEO of Kalon Clothing (Part 6)

Sramana Mitra: What percentage of your business is the plus size?

Stephanie Madesh: From 2x up, we run about 30%. Men’s is higher – about 35%. We go up to 4x for men’s. For women’s, we go up to 2x on a knitted item and 4x for the rest.

Sramana Mitra: What other categories are big winners for you?

Bootstrapping to $10 Million Using Services: Sameer Maggon, CEO of SearchStax (Part 3)

Sramana Mitra: What was the pricing?

Sameer Maggon: The first offering that we sold was for about $10,000 a year. 

Sramana Mitra: How did that business ramp? When you start off with a bootstrapping with services model, your services revenues far outpace product revenues. Gradually, it starts to tilt.

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1Mby1M Startup Fullcast Raises $4M in Series A Funding

Congratulations to Fullcast Co-founder and CEO Dharmesh Singh and the entire Fullcast team! Fullcast announced today that it closed $4 million in Series A funding to accelerate its growth as the only end-to-end RevOps platform. Back in February, we outlined the company’s position in Deal Radar and discussed the company’s bright future with investor Warren Weiss during our recent interview:

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Thought Leaders in Healthcare IT: Kristen Valdes, CEO of b.well Connected Health (Part 2)

Kristen Valdes: Our customers are able to gain trust and loyalty with the population they serve. For our businesses, there’s a movement that’s trying to move away from pay-for-service toward pay-for-value where doctors are incentivized for keeping people out of the hospital. The challenge has been that we’ve largely been arranged where people have to show up at the doctor’s office and then the doctor can evaluate their chart and identify any gaps in care or labs.

But the consumer is there because maybe they have a sinus infection. We can help bring consumers in proactively when they need care without doctors and nurses having to pick up the phone. We provide a convenient way to help doctors transition more successfully into value-based care and help keep their patients healthier.

Best of Bootstrapping: Co-founders Bootstrapped BeenVerified with Angel Money

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Building businesses has become cheaper by several orders of magnitude. When we spoke in 2015, Co-founder Josh Levy and his team took just over $2 million in angel financing, and had built a profitable business in New York. For those entrepreneurs facing the Series A crunch, this is an important story to follow. You will do fine if you have patient angels, and just use their investment to bootstrap to profitability.

Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background?

Josh Levy: I was born in New Jersey. I went to high school in New Jersey. I went to the University of Maryland for college where I got an undergraduate degree in Finance. I also did a minor in entrepreneurship. I now live in Brooklyn. BeenVerified is headquartered in New York City. I’ve been on the East Coast my whole life.

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Thursday, October 7 – 549th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 549th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 7, 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!

Cloud Stocks: Dropbox Focuses on Content Creators with New Product

The global Enterprise File Sharing and Synchronization market is expected to grow from $3.4 billion in 2020 at a CAGR of 21.6% to $13.8 billion by 2027. Dropbox (Nasdaq: DBX) recently announced its second quarter results that continued to outpace market expectations.