Sramana Mitra: Two-sided marketplaces tend to be capital-intensive but you have found an entrepreneur who has managed to do a capital-efficient two-sided marketplace scale. What is the secret of that? Sandeep Sardana: The entrepreneur is a do-it-all entrepreneur. He’s a top-level CTO himself. He has a great business mind. He built a small and very
Sramana Mitra: I’ll tell you what we do at 1Mby1M. We do bottom-up TAM analysis, which means we have to get the business model and pricing model hypothesis. When you’re starting out and raising money, that financial hypothesis is really important to get right. We emphasize a few specific elements. One is the business model.
Sandeep Sardana is Founder and General Partner at BluePointe Ventures. We had a terrific discussion on how we each look for a startup story through financial metrics. Sramana Mitra: Let’s start by introducing yourself to our audience. Tell us a bit about your journey. What path brings you here?
Hamiz Awan: One example is the Ethereum network. It’s essentially a plug-and-play Blockchain solution. If you want to build a Blockchain startup, you don’t have to go and build a Blockchain yourself. You can just plugin to the Ethereum network that already has the infrastructure, security, and incentives figured out. You are just using it
Entrepreneurship is not a career. It is a way of life. For me, this journey began as a graduate student at MIT in 1994. The world watched Netscape go public that spring, and the Internet swept over us like a virus. As I wrote my Masters thesis, I also wrote my first business plan. We
Steven Mitzenmacher: The next function is a capability deal. That’s not just about your existing core and enhancing it; it’s about adding a new Lego brick to your core. That might be your bolt-on acquisition. In that case, it’s augmenting a new product or service offering that can add technology or features to your existing
Steven Mitzenmacher, SVP of Corporate Development at Rackspace Technology, discusses the Buy-side thought process on Exit Strategy.
Sramana Mitra: My question was a bit more like what percentage of these kinds of backgrounds have a combination of a stint at a major university like you did. Bradley Harrison: I think a very traditional path to transition out of the military is to go to grad school. That is a very common path