Sramana Mitra: Just know, I have a slightly different question on capitalization of these companies. So you talk about these two kids from MIT who are commercializing their PhD thesis, I guess. You have this CalTech professor who’s commercializing his work in the domain of drug discovery using AI. Talk to me a little bit about how you structure these deals. You’re getting in at almost an R&D level.
>>>During this week’s roundtable, we had Gus Tai, Investor, Board Member and Retired General Partner at Trinity Ventures discuss the implications of Human-centric AI, white spaces, comparables and more.
Zets
As for pitches, first, we had Nischal Sharma from Jaipur, India, pitch Zets, a ride-sharing service.
Startrit
Next Santosh Kumar from Bengaluru, India, pitched Startrit, a traffic management and surveillance solution.
You can listen to the recording of this roundtable here:
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.
>>>Today’s 656th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, September 26, 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 656th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, September 26, 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!
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.