Sramana Mitra: Can I stop you there for a second? I have a few questions. You’re looking for free distribution to teachers and students and monetization through parents. How do teachers, students, and parents find out about the product? Deborah Quazzo: It was a viral adoption. In the case of Class Dojo, it was seated
Sramana Mitra: Our interest is primarily in actual seed and Series A. Let’s focus on that discussion. What do you like to see by way of proof points before you’re willing to write a check? Deborah Quazzo: It’s interesting because we’re sector experts and we’ve been working in education technology for well over 20 years.
Sramana Mitra: It’s like a debt that is paid back as part of revenue share with some multiple of the funding amount. Christian Czernich: Yes. Then the financing ends once the cap is reached. If there is an exit before that, that’s good. Then we normally exit the business as well. If there is no
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Christian Czernich was recorded in May 2020. Christian Czernich is Founder and CEO at Round2 Capital Partners, a firm that is experimenting with an alternative financing model.
Sramana Mitra: Our philosophy is Bootstrap First and Raise Money Later – or not at all. Even if it’s bootstrapping with a small amount of capital and you can get to an early exit, that is considered a perfectly fine outcome. Can you talk about a couple of examples from your portfolio that represents the
Sramana Mitra: Let’s talk about geography. You talked about this bus tour being the catalyst to founding this firm. Talk about what is your philosophy on location. Tony Olivito: For us, it’s the Midwest. We started the firm because we saw an opportunity due to lack of capital in the Midwest, specifically in areas outside
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Tony Olivito was recorded in May 2020. Tony Olivito, Partner at Comeback Capital, discusses his firm’s Midwest-focused investment thesis.
Sramana Mitra: Going a bit to your first example of investing in this robotics technology, one thing that I’m monitoring is we are probably going towards an accelerated pace of robotics adoption in factories. We’ve just gone through a tremendous shock where factory workers can’t get to work. That creates tremendous supply chain disruption, so