1Mby1M Virtual Accelerator AI Investor Forum: With Krishnakumar Natarajan, Co-Founder of Mela Ventures (Part 3)

Sramana Mitra: So, tell me, what AI companies have you invested in? Let’s do a few case studies and as you are describing them, talk about why you have invested in those companies.

Best of Bootstrapping: Serial Entrepreneur Bootstrapped Using Services Repeatedly

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  See how a serial entrepreneur used the ‘Bootstrapping Using Services’ methodology repeatedly to get companies off the ground. Krishna Kumar, Founder of App Orchid, I’ve learned, is sadly now deceased. From this conversation from 2014, you can imagine that he has left behind quite a legacy.

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Best of Bootstrapping: Founder Krishna Kumar Bootstrapped App Orchid Using Services

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  See how a serial entrepreneur used the ‘Bootstrapping Using Services’ methodology repeatedly to get companies off the ground. Krishna Kumar, Founder of App Orchid, I’ve learned, is now deceased. From this conversation from 2014, you can imagine that he has left behind quite a legacy. Sramana:

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 7)

Sramana: How have you structured your technology to support these various use cases? Krishna Kumar: Our app building platform lets you build apps quickly for these various conditions. We use an agent-based model. That is a cool way of predicting human response conditions. We are mimicking the human intelligence response to different conditions and using

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 6)

Sramana: So your ultimate strategy is to go to market through third party consultants? Krishna Kumar: We want to empower consulting companies to run with projects based in our technology. They are not going to buy into our strategy if two things don’t happen. First, we need to have similar customers in the market that

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 5)

Sramana: Do you have any proof points of your technology working and providing actionable recommendations? Krishna Kumar: We are very new and we have just started the pilot project for that use case. It is not a tried and tested method from the business method standpoint. We will be working with more established ERP vendors

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 4)

Sramana: So how have you been able to build a product by combining the Internet of Things, People and Processes? Krishna Kumar: We have an intelligence layer that sits on top of all of these three components and allows you to build applications on top of that. For example, we are working with an organic

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Bootstrapping Using Services: Krishna Kumar, CEO of AppOrchid (Part 3)

Sramana: What kind of traction were you able to get with your Bootstrapping with Services strategy? Krishna Kumar: We were able to get some good Fortune 500 customers using that bootstrapping methodology. We used that as the means to get our first round of funding, which came through Open Ventures. Sramana: Where is the company

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