Earlier this year, Chinese insurance tech solutions provider U-BX Technology (Nasdaq : UBXG) listed in the US. The company has had a disappointing run so far.
>>>Sramana Mitra: Other than H2O.ai, have you invested in any other open source AI companies since?
Jishnu Bhattacharjee: We have invested in over twenty AI companies.
Sramana Mitra: Talk about some of them. How are you thinking about what to invest in? Do some case studies.
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Sramana Mitra: I think it depends on what timescale we are talking about because inside the enterprise, whatever application that you bring in, whether it’s non AI or AI, now everything is kind of in the AI domain. There are three things to consider – domain-specific understanding of what’s happening in that enterprise which includes domain-specific vocabulary, domain-specific workflow, and then domain-specific API integration.
>>>I always love Bootstrapping to Exit stories. AppArmor Co-founder Chris Sinkinson and his brother bootstrapped a wonderful startup and sold it for $40M. Read on for the nuances.
Sramana Mitra: All right, Chris, let’s start at the very beginning of your journey. Where are you from? Where were you born, raised? What kind of backgrounds?
Chris Sinkinson: I’m from a small town called Kingston in Canada located about halfway between Toronto and Montreal. Our parents had three boys. I was the oldest. I have a brother who’s three years younger than me, who’s a very successful researcher. He’s currently working for the Kellogg School of Management in Chicago. My youngest brother, David, is the one that I ended up starting my company with.
Sramana Mitra: Since the hype cycle has been so rapid, enterprise and business buyers have made AI a priority now, which was not the case, right? When you started doing H2O, it was not that case. It was much more niche, much more selective, and much more difficult to get the buyer attention, and that has completely changed. AI has become one of the top budget items in the enterprise IT expenditure.
>>>Netcore Cloud Founder Rajesh Jain has built a Bootstrapped Unicorn from India. This is an important case study for all the bootstrapped entrepreneurs out there looking for inspiration and methodology to scale.
Sramana Mitra: Alright, Rajesh, let’s start at the very beginning of your journey. Where are you from, where were you born, raised, what kind of background?
Rajesh Jain: I was born and raised in Mumbai and did my schooling there. Then I did Electrical Engineering (EE) from IIT Bombay from 1984 to 1988. Then I went to Columbia for my masters in EE. I worked for two years in the US, and then I came back.