June 13 – 643rd 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 643rd FREE online 1Mby1M Mentoring Roundtable on Thursday, June 13, 2024, 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.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!

Featured Videos

642nd 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording of this roundtable here:

Roundtable Recap: June 6 – Clarity is Essential in Startup GTM

During this week’s roundtable, we had three pitches. Two out of three need a Positioning revamp.

Pabbler

First up, Ceren Sungu from Istanbul, Turkey, pitched Pabbler, an air shipping service using traveler’s luggage.

FX Global Management

Next up, Jose Luis Lecona Roldan from Mexico pitched X Global Management, an invoice factoring service for Mexican SMBs.

JET

Then Gopal Miriyalu Dhanansekar from Chennai, India, pitched JET, a 2-sided marketplace for cargo trucks a la Uber.

You can listen to the recording of this roundtable here:

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Video FAQs

Palo Alto Networks Addresses AI’s Cyber Threat

According to a recent research report, the AI cybersecurity market is expected to grow to $102.78 billion by 2032. AI may be beneficial to enterprises, but it is also being used for evasive zero-day attacks that traditional security solutions cannot detect. Palo Alto Networks (NYSE: PANW) is looking to tackle this by securing AI-led attacks across the entire cyber landscape of the organization.

642nd 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 642nd FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, June 6, 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!        

Building a $100M+ FinTech Venture from Michigan: Ryan Rosett, Founder and Co-CEO of Credibly (Part 7)

Sramana Mitra: Is your whole team in Michigan? Are you doing this out of Michigan?

Ryan Rosett: We have three offices in the United States. Our Ops team is mostly in Southfield, Michigan including our Head of Strategies, our Chief Financial Officers, and CTO. Then, we have an office in New York city where our Head of Data Science works. Then, we have a bigger office out in Tempe, Arizona, where our Chief Credit Officer works and manages underwriting and the collection side of our business.

Building a $100M+ FinTech Venture from Michigan: Ryan Rosett, Founder and Co-CEO of Credibly (Part 6)

Sramana Mitra: Now, just explain the core business model.

Ryan Rosett: We have three channels: our renewal department, wholesale channel, and the direct sales channel. We have risk-based pricing with a lot of automation. We have prequalification models. A quick no is fine too. We’re very much about the customer experience. Obviously a customer doesn’t want to hear that they’re rejected, but I think they’d rather hear that they’re rejected in one second than, wait four hours, two days, or a month to hear that.

Cloud Stocks: Salesforce Embeds AI All Across

Last week was not a great one for Salesforce (NYSE: CRM) when it announced its first quarter results. The disappointing performance, coupled with a rather weak outlook sent the stock falling 20% in the after-hours trading session. It was the worst day for the stock in the past 20 years.