This report from Gartner says that the worldwide IaaS public cloud market grew 31.3% in 2018 to total $32.4 billion. Amazon was once again led the market followed by Microsoft, Alibaba, Google and IBM. For this week’s posts, click on the paragraph links.>>>
Sramana Mitra: You have not thought about productizing some of the visualization capabilities that you have developed?
Ganes Kesari: That’s something that we are currently doing. There are several solutions like this that are domain-specific where we have highly specialized implementations of analytics or visualization solutions. We are creating horizontal solutions. We already have a few solutions.>>>
Nnamdi Okike: We look at the round after that. What we are looking for are companies that typically have built an early product and have some early traction. If it’s software selling to small businesses, maybe they have 10 early customers.
These are companies that don’t have a lot of revenue. Usually when we come upon them, they may have a couple of hundred thousand of ARR. They’re looking to scale up. Typically, they have a big market opportunity and founders who have a high-level of dedication.>>>
In case you missed it, you can listen to the recording here:
Sramana Mitra: You don’t use off-the-shelf visualization tools like Tableau or FusionCharts? There’s a whole bunch of visualization capabilities available. You don’t use any of that. You do everything from scratch.
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 – a painting, a poem, a piece of music, so forth – 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 – Le Village de Cézanne, Le Matin
Le Village de Cézanne, Le Matin | Sramana Mitra, 2017 | Water color, Brush Pen, Ink and Pastel | 9 x 12, On Paper
Jared Shusterman bootstrapped his company with his bar mitzvah money. Read his wonderful story!
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Jared Shusterman: I was born in Miami, Florida. I’m one of the few South Florida natives. I grew up in a middle class family that had a very heavy focus on education. After I graduated high school, I went to the University of Virginia. I got a Bachelors degree with a concentration in Finance and Marketing. Shortly after that, I moved out to San Francisco and worked for an investment bank in the online media practice. That’s the quick summary of my initial upbringing.
During this week’s roundtable, we had Sean Dawes, Co-founder at Modded Euros, as our guest. We discussed the state of the union in niche e-commerce startups in the shadow of Amazon’s dominance.
As for the pitches, up first we had Greg Peters from New York, NY, present BetterPT, a SaaS company catering to hospitals that have physiotherapy units. The company currently has $50k in MRR and is executing nicely.