Today’s 449th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, July 11, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!
According to a research report published earlier this year, the global SaaS market is estimated to grow 21% annually over the period 2018 through 2023. The growth in the market is expected to be driven by banking, financial services, and the insurance sectors. Insurance services provider Guidewire Software (NYSE: GWRE) is benefiting from this high growth trend.>>>
Loris Degioanni: What we did was, we created a new project based on the same code base. It was called Wireshark. This was 2006. Wireshark was an immediate success. We put a bunch of resources behind it. We told Gerald, “Just keep working on this and make the community happy.”
After 13 years, Wireshark is still one of the most successful open source projects in the history of open source. It has a huge community. It has a huge backing from many companies around the world. It has a vibrant community of developers.>>>
Loris Degioanni: While I was in New Zealand doing the internship, a professor from the United States texted me saying he’s working in the field of packet catcher. He found WinPcap. He would like to invite somebody from the research group to do research in the United States. I was in New Zealand, so I couldn’t go.
I told this professor that I had to pass the opportunity and find somebody else. The professor told me, “Don’t worry. I’ll wait for you. Finish your work in New Zealand.” In particular, the professor was working for UC Davis. I finished my internship in New Zealand.>>>
According to a Grand View Market Research report, the global video conferencing market is estimated to grow 9% annually through to 2025 from $3.4 billion in 2017. Zoom Video Communications (Nasdaq: ZM) is a strong performer in the industry as was evident from their recent quarterly results.>>>
Richard Birnbaum: When I gave you the example of their cost of goods at 8% of retail, nothing is a secret. If we’re able to buy aged inventory from the stores, depending on the brand, deal and condition, it’s worth paying anywhere between 15 cents to 35 cents on retail price.
We’re giving a terrific value to the consumer. The brand is selling more goods to the authorized dealer. We’ve made ourselves the first and only official partner of the brands who are sanctioned to sell their goods online. We’re selling the latest, the greatest, and the best, but it’s at full retail. Maybe you’ll find a 10% coupon online. We’re offering a tremendous value to the consumer.>>>
For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our bi-monthly and informal group meetups. If you are living in the San Francisco Bay Area or are just in town for a visit, we hope you will add these meetups to your calendar and join us. Pre-registration is required, REGISTER HERE.
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Entrepreneurs are invited to the 449th FREE online 1Mby1M mentoring roundtable on Thursday, July 11, 2019, 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.