Eric Benhamou: Up until recently, waste management was done the same way as 30 years ago. You have big trucks collecting garbage from houses and office buildings to take them to recycling facilities. It would be dumped on a treadmill-like structure and you have people sorting out the waste. They send the recyclable waste to
Eric Benhamou: Another example where Salesforce.com does not do a very good job at is mobile engagements. Despite the pandemic, we are still living in a world that is increasingly more mobile. You have to be able to capitalize on mobile engagement opportunities all the time. There are many things that are potentially limiting in
Sramana Mitra: I encountered Platform.sh a couple of years ago. I haven’t talked to them since, but it’s good to hear that they are thinking in this direction. I’ll look into that closely and see what additional coverage that deserves. Please go ahead and give us another example. Eric Benhamou: I have a more recent
Sramana Mitra: I have another question along those lines. When you are doing AI, typically machine learning and large data sets are involved, what are you seeing in your portfolio or deal flow in how entrepreneurs are accessing that data? You are talking about taking the technology risks out, but you need data to take
Eric Benhamou is Founder and General Partner at Benhamou Global Ventures. Sramana Mitra: Let’s focus on where you are in terms of the fund. What fund are you on? What is the size of the fund? What is the fund strategy now?
Eric Benhamou is Founder and General Partner, Benhamou Global Ventures.
Sramana Mitra: You said you argue with a lot of your industry colleagues on this topic. You have to manage how much capital is required to ride that curve. You have to do it somewhat capital efficiently. You can’t raise $100 million and have a $100 million exit. That is not going to give you
Eric Benhamou: A third trend is the fact that we are now moving, very fast, to the world of mobile commerce where many transactions are being carried out. Apple Pay is going to change the game. Nevertheless, you still have other opportunities for cybercrime. The point is mobile commerce continues to have a very steep