sramanamitra.comSramana Mitra | Sramana Mitra\'s Strategy Blog written from the cultural context of Silicon Valley a

nd Entrepreneurship. Self-Assessment Free Public Roundtables Premium Program Basic Program Investor Introductions Sramana Mitra’s Bio Blog Contact One Million by One Million Blog Free Bootstrapping Course 1Mby1M Udemy Courses categories Opinions Technology Stocks Corporate Innovation Women Leaders Seed Capital Entrepreneur Journeys Artificial Intelligence Big Data Cyber Security Cloud Computing Healthcare IT E-Commerce Mobile & Social Internet of Things Online Education FinTech Deal Radar Incubation Radar HOT TOPICS The Startup Velocity Question Platform as a Service Startup Ideas For The Post Covid World Women And Entrepreneurship The Million Dollar Club The Other 99% (Entrepreneurs) Probability of Raising Funding Series A Crunch Death by Overfunding Bootstrapping to Exit Corporate Innovation SaaS Companies: You Have An Unprecedented Opportunity Man and Superman Web 3.0 = (4C + P + VS) The Future: End of Capitalism Capitalism 2.0 NEWSLETTER If you are considering becoming a 1M/1M premium member and would like to join our mailing list to receive ongoing information, please sign up here. Subscribe to our Feed Podcasts Bootstrapping Course: Welcome Posted on Wednesday, Apr 29th 2020 1Mby1M Founder Sramana Mitra wants entrepreneurs to not waste their time and money. The waste stems from a widespread misunderstanding of how investors think. Over 99% of founders chase funding before they are fundable. Here, Sramana teaches how to build with customer money (otherwise known as revenue) until a startup reaches that fundable stage. Once fundable, a startup can go to investors like a king, not a beggar.Featured Videos Probability of Fund Raising How To Improve The Odds Of Getting Your Startup Funded Death by Overfunding How did Mark Zuckerberg preserve 26% equity in Facebook? How To Increase Your Odds Of Getting Into YCombinator The Startup Velocity Question: What Hinders Acceleration in VC Funded Companies? Posted on Monday, Apr 15th 2024 I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years. Startups that do not have what it takes to achieve velocity should not be venture funded. Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis.Colors: Blocks VII Posted on Sunday, May 12th 2024 I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blocks VII Blocks VII | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8 x 8, On Paper Featured Videos Probability of Fund Raising How To Improve The Odds Of Getting Your Startup Funded Death by Overfunding How did Mark Zuckerberg preserve 26% equity in Facebook? How To Increase Your Odds Of Getting Into YCombinator Colors: Blocks VI Posted on Saturday, May 11th 2024 I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Blocks VI Blocks VI | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8 x 8, On Paper May 16 – 640th 1Mby1M Mentoring Roundtable for Entrepreneurs Posted on Saturday, May 11th 2024 Entrepreneurs are invited to the 640th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 16, 2024, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. If you are a serious entrepreneur, register to pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to attend” to watch, learn, and interact through the online chat. You can learn more here and REGISTER TO PITCH OR ATTEND HERE . Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome! Video FAQs The Other 99% Can 1M/1M Help Me Raise Money? How Does 1M/1M Democratize Entrepreneurship Education? How Does 1M/1M Democratize Management Consulting? When Is The Right Time To Join 1M/1M? Can 1M/1M Help Me With Business Development? Can 1M/1M Help Me With Market Sizing? Can 1M/1M Help Me Validate My Product? Will I Have Private 1-on-1 Sessions In 1M/1M? How Does 1M/1M Help Entrepreneurs Connect With Silicon Valley? Mentoring or Consulting? Why Does 1M/1M Charge $1000 a Year? Why Does 1M/1M Partner With Local Organizations? Why Don\’t Mentoring Networks Work? Why Is It Important To Study With 1M/1M Now? Dan Stewart Story Vikrant Mathur Story 639th 1Mby1M Roundtable Recording Posted on Saturday, May 11th 2024 In case you missed it, you can listen to the recording of this roundtable here: Building a Generative AI Venture from Portugal: João Aroso, CEO of Leadzai (Part 3) Posted on Saturday, May 11th 2024 Sramana Mitra: So then how long did you do this business? And what kind of revenue levels or what kind of scale were you able to achieve? João Aroso: We did that business for two years and one of my co-founders from my first startup is still there today. I left, but the company is still very healthy.Roundtable Recap: May 9 – It’s OK to Discard Ideas Posted on Friday, May 10th 2024 During this week’s roundtable, we discussed validation requirements in early-stage startups. ONI Early Life Programming First up, we had Sunil Punjabi from Mumbai, India, pitch https://www.onicares.com/Home , a hospital EMR system focused on caring for pregnant women. We discussed what would be considered a validated business. Centaurnex Next, we had Samson Darlong from Riga, Latvia, pitch Centaurnex, an idea-stage venture that appears extremely capital-intensive. I advised him to discard this idea and go back to the drawing board. You can listen to the recording of this roundtable here:Cloud Stocks: Google Looking to Monetize GenAI Posted on Friday, May 10th 2024 Alphabet aka Google (Nasdaq: GOOG) recently reported a strong first quarter that beat analyst estimates driven by strong and profitable growth in Google Cloud.Building a Generative AI Venture from Portugal: João Aroso, CEO of Leadzai (Part 2) Posted on Friday, May 10th 2024 Sramana Mitra: What kind of deal was it? What were you charging? What were they charging you to let you sell on there through them? João Aroso: It was a revenue share model. We had a very light minimum commitment, around a $100K a year. Everything was revenue shared.1 2 3 4 5 » › Self-Assessment Free Public Roundtables Premium Program Basic Program Sramana Mitra’s Bio Free Bootstrapping Course 1Mby1M Udemy Courses Hot Topics Platform as a Service Startup Ideas For The Post Covid World The Million Dollar Club The Other 99% (Entrepreneurs) Probability of Raising Funding Series A Crunch Death by Overfunding Bootstrapping to Exit Women And Entrepreneurship Corporate Innovation SaaS Companies: You Have An Unprecedented Opportunity Man and Superman Web 3.0 = (4C + P + VS) The Future: End of Capitalism Capitalism 2.0 Blog Categories Opinions Technology Stocks Corporate Innovation Women Leaders Seed Capital...