1Mby1M Virtual Accelerator Investor Forum: With Jose Deustua of UTEC Ventures (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Jose Deustua was recorded in May 2019. Jose Deustua, Managing Director at UTEC Ventures, talks about Peru’s entrepreneurial ecosystem. Sramana Mitra: Let’s get to know you. Let’s get you introduced to our

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Startup Accelerator Applying Multisided Crowdsourcing

By Guest Author Soren Petersen Identifying and attracting potential startup firms has so far been a game of chance, with far too much money chasing far too few opportunities. Those most experienced at this game are leading Silicon Valley Venture Capital firms (VC firms). Studies at Harvard University show that entrepreneurs receiving financing from VC

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Series A Crunch: How 1M/1M Can Help

If you have the stomach for it, the metal to carry on, the energy to bootstrap to a point where either you CAN get funded, or generate enough revenues and become profitable, we can help.

Series A Crunch: Bootstrapping Works

Just because you have been rejected by VCs doesn’t mean you cannot build a great business. Marc Benioff was rejected by pretty much ALL the VCs he approached. Didn’t stop him from building Salesforce.com into a multi billion dollar enterprise with global impact.

Series A Crunch: Forget Freemium

What is your business model? Do you have one, or is it TBD? Is it Freemium?

Series A Crunch: Obsession With Exit

Do you know the difference between a business model and an exit strategy? Are you building a business that has a real, viable business model? Or are you trying to do an Instagram?

Series A Crunch: Tyranny of the TAM

What is TAM? Perhaps, the biggest factor in whether a VC funds you or not. TAM = Total Available Market. Note: Top Down TAM doesn’t matter. You need to present a Bottom-Up TAM Analysis. And to get funded, that TAM needs to be very large. Billion. Two billion. Ten billion.

Series A Crunch: Customers vs. Investors

What have you been doing for the last six months? Chasing customers? Chasing Investors?