Sramana Mitra: I think what you’re saying is, the entrepreneur team’s domain knowledge is really what you’re putting the premium on to build something that is intense in workflow or domain-related value add. The AI is an enabler of that value add but not the critical piece. The AI technology itself is not the big enabler.
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Yesterday, IBM (NYSE:IBM) reported its first quarter results that outpaced market expectations. Despite the cautious operating environment, IBM reiterated its outlook as it expects its focus on AI initiatives to drive growth.
>>>Shripati Acharya, Managing Partner at Priven Advisors, discusses his firm’s AI Investment Thesis. We have a very strategic discussion on SaaS, Marketplaces and Agentic AI.
>>>CEO Anji Maram has bootstrapped CriticalRiver to $50M in revenue and is introducing AI into his services business model. We expect to see a lot of this happening all over the tech services ecosystem. AI Services is going to become a massively valuable category.
Sramana Mitra: All right, Anji, let’s start at the very beginning of your journey. Where are you from? Where were you born, raised? What kind of background?
Anji Maram: I’m originally from India as you can tell by my name. I’m from a small village in Andhra Pradesh in South India. It has a very small population that is pretty much into farming community. My parents did not study, my siblings did not study. I somehow ended up studying.
VCs are salivating over ultralight startups right now. The stigma around solo entrepreneurs will vanish soon. Positioning will remain key to achieving Velocity. And Velocity will continue to drive Fundability.
Are you trying to raise money for your startup and getting rejections? It’s worth understanding WHY. VCs are looking for Velocity. Their goal is to achieve $100M in revenue in 5-7 years. How do you do that? You can read more and dialog here on what drives Velocity.
Sramana Mitra: I have a question that comes to my mind. Enterprises have very diverse applications and frameworks. Are there particular frameworks that you specialize in, do better in, or have more training in? Or you can basically walk into any enterprise, do this training right there, and basically build from there?
>>>Sramana Mitra: So now, tell me more about the product and especially where is AI in this story?
Jonathan Schneider: We think of Moderne as large-scale automated code change. That could be for application modernization, security vulnerability repair, or code quality.
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