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 – North III
North III | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8 x 8, On Paper
Sramana Mitra: Can you double click down on your three acquisitions and talk a bit more about how you price these deals? If you’re using stock, then how do you price yourself and calculate how you price the valuations of these acquisitions? Talk about the philosophy and the mechanics of doing these deals as a bootstrapped company.
>>>Sramana Mitra: So this is happening 2015 onwards?
Rajesh Jain: So 2015 onwards, we did the international story and the marketing automation stack. I think we made a mistake on the marketing automation side. Now when I look back in hindsight, I think we focused more on the web and missed out on the app revolution.
>>>During this week’s roundtable, we had as our guest Sailesh Ramakrishnan, Managing Partner at Rocketship.vc. In a primarily AI investment thesis discussion Sailesh also shared his firm’s use of AI in monitoring investment-worthy startups.
ZAP Plugin
As for our entrepreneur pitch, we had Winston Hardin from Seattle, Washington, pitch the ZAP Plugin. Winston needs to work on positioning his product with a proper business model and pricing model.
You can listen to the recording of this roundtable here:
Alphabet aka Google (Nasdaq: GOOG) recently reported its second quarter results that beat analyst estimates driven by strong and profitable growth in Google Cloud. Its quarterly Cloud revenues crossed the $10 billion mark for the first time and operating income crossed the $1 billion mark.
>>>Sramana Mitra: While you were doing your political experiments, Netcore is still selling the two products – the SMS enterprise product and the email marketing product, right? That’s what Abhijit Saxena is executing on, right?
Rajesh Jain: From 2007-11, Abhijit was the CEO. In 2011, Girish Nair, who had come back from the US in 2005 and joined us as CEO. He then took over as the CEO from 2011 to 2014. All this time, the good thing was that email marketing in India was starting to grow rapidly. SMS was started. We were pretty much the only Indian company doing email. There were a couple of other smaller ones.
>>>Today’s 649th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, August 8, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 649th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, August 8, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!