The Startup Velocity Question: Is it the Sales Team?

When things are not going right, especially in B-to-B SaaS, the blame falls on the sales team.

As a company switches from Founder-led Sales to a Repeatable Sales Process, often, sales do falter.

Velocity cannot be achieved without a repeatable sales process.

The Startup Velocity Question: Is it the Market?

Entrepreneurs often bet on markets that are yet to develop.

Good entrepreneurs often create new markets. Steve Jobs CREATED the smartphone market.

VCs bet on such bets.

The Startup Velocity Question: Is it the Product?

Product and Technology are not the same. 

While technology failures are difficult to recover from, product issues can be addressed.

Often, once a startup starts to engage with the market, it develops a more sophisticated understanding of the market’s needs. Features, functions, integrations, APIs – a lot of input comes into the company through customer immersion.

The Startup Velocity Question: Is it Technology?

At the heart of most tech companies is, of course, technology. Today, the market is particularly frothy around Artificial Intelligence. AI is a technology that is notorious for not working as envisioned.

Spring 2019 Oracle – 1Mby1M Intrapreneurship Challenge Launches

The Spring 2019 Oracle – 1Mby1M Intrapreneurship Challenge has launched. Open to Oracle employees only who are interested to learn what it takes to be an entrepreneur. Become an Oracle Intrapreneur to take control of your future and accelerate your career. Submit your application found here by April 16, 2019. For a preview of the One Million by One Million program, please register to attend a FREE mentoring roundtable session here. If you are getting excited about applying, please have a look at Sramana’s interview with Paolo Juvara of Oracle Application Labs. Good luck!

Photo credit: Joey Rozier/Flickr.com.

Arka Venture Labs Partners with 1Mby1M to Accelerate Indian B-to-B Cloud Startups

Arka Venture Labs and the One Million by One Million (1Mby1M) global virtual accelerator announce a partnership to benefit Indian B-to-B cloud startups by together offering access to deeper connections into Silicon Valley and comprehensive startup mentoring.

Arka Venture Labs brings together three venture firms who provide the initial capital and open their networks to the benefit of their portfolio companies: Blume Ventures, BGV (Benhamou Global Ventures), and Emergent Ventures.

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NetApp Excellerator Startups Awarded Scholarships to the 1Mby1M Virtual Accelerator

The One Million by One Million (1Mby1M) global virtual accelerator is yet another benefit granted to NetApp startups through a partnership between the two companies. For the second time this year, NetApp has awarded six startups one-year scholarships to the 1Mby1M Premium program, offering them the advantages of access to the 1Mby1M online curriculum, weekly online mentoring sessions and an international network of investors, potential customers, channel partners, and more.

The participating startups include:

CloudOptimo – Co-founded by Vaibhav Kamble and Tushar Chakote, CloudOptimo’s platform helps to reduce Total Cost of Ownership (TCO) of a cloud infrastructure up to 80% using Cloud Provider’s excess capacity.

FirstHive – Founded by CEO Aditya Bhamidipaty, FirstHive is a Customer Data Platform that builds Unique Customer Identities by aggregating data from across all sources of customer interactions and customer transactions.

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EIT Health Partners with 1Mby1M Virtual Accelerator to Train More Than 100 European Entrepreneurs

Digital Health Semifinalists of the European Health Catapult have been awarded one-year scholarships to the One Million by One Million (1Mby1M) global virtual accelerator thanks to a new partnership with EIT Health. In addition to the 15 scholarships to the 1Mby1M Premium program, EIT Health will also fund scholarships to 1Mby1M Basic for an additional 100 promising digital start-ups.

Sramana Mitra, Founder of 1Mby1M, announced the winners during the Semifinals, held on October 10 in Erlangen, Germany. You can listen to her keynote address, AI Powered Digital Health IS The Next Big Thing, here:

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