Sramana Mitra: Your primary business has been the e-commerce services business. You sunsetted the call tracking business. Then the rest of the product portfolio supported your services business. There was no other product that really took off, but you have more products that you have introduced to the market.
Jordan Brannon: Yes. We have a couple of smaller paid recurring apps. We have automated backup solutions for both Shopify and BigCommerce stores. Then we also have the LMS platform. We also have that recruiting software, which is now being used by about 800 companies.>>>
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 – Monsoon in Goa, Yellow Roof II
Monsoon in Goa, Yellow Roof II | Sramana Mitra, 2020 | Watercolor, Pastel, Brush Pen | 6 x 9, On Paper
In case you missed it, you can listen to the recording here:
In general, Bootstrap First, Raise Money Later is the best strategy. You need to be ready to raise money.
If you decide to raise money, I strongly suggest you read the 1Mby1M Seed Capital series of interviews on our blog ASAP. We’ve profiled investor after investor to understand their investment thesis. You need to get in their heads and get a sense of what they’re looking for, especially if you’ve never raised money before.
Remember, Investors are looking to multiply the money that they put into startups.
John McEleney: When PTC acquired Computervision in early 2000s, they stumbled upon a company called Windshield Technologies that Computervision had invested in and ultimately acquired. Windshield was based out of Minnesota and founded by Jim Heppelmann. It was the first cloud-based PLM system. The idea behind it is that you can manage data with links and allow the information to be managed in a much easier system.>>>
During this week’s roundtable, we had as our guest Suman Talukdar, Founder and Managing Partner at AiSprouts.VC.
As for entrepreneur pitches, this week we had Shantanu Dev from Plainsboro, New Jersey, pitch Examd, an online exam proctoring solution.
Entrepreneurs are invited to the 505th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 15, 2020, 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!
Dropbox (Nasdaq: DBX) recently announced its second quarter results that continued to outpace market expectations. But the company recently announced the exit of its CFO Ajay Vashee who has been with the company for more than eight years. The market was not impressed by the departure and the stock fell 7% in the after-hours trading session.>>>