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Strategy Roundtable For Entrepreneurs: Are You Fundable?

Strategy Roundtable For Entrepreneurs: Are You Fundable?

Today’s roundtable had a couple of interesting businesses, but before I get to them, I want to underscore that entrepreneurs MUST gauge fundability before assuming that they can build their businesses by raising money.

TravelTriangle.com

First, Sanchit Gurg from Noida, India, pitched TravelTriangle.com, a marketplace for travel agencies offering…

Strategy Roundtable For Entrepreneurs: YCombinator vs. 1M/1M

Strategy Roundtable For Entrepreneurs: YCombinator vs. 1M/1M

Today’s roundtable, as usual, was an international affair, with entrepreneurs presenting from different parts of the US, India, Israel, and many other geographies. Before I share what we heard from them today, I want to highlight an important aspect of 1M/1M that is repeatedly underscored in these roundtables: the international, inclusive…

The Other 99% of Entrepreneurs

The Other 99% of Entrepreneurs

In my recent piece Reengineering Capitalism I highlighted a phenomenon that the global entrepreneurship ecosystem is paying very little attention to: Over 99% of entrepreneurs who seek funding get rejected. Yet, the entire world is focused on the 1% that is “fundable.”

The media, when pitched a startup story, is interested in who funded the…

Strategy Roundtable: Spotlight On Jacksonville, Florida

Strategy Roundtable: Spotlight On Jacksonville, Florida

Today’s roundtable was co-hosted with the Jacksonville Startup Weekend. For the uninitiated, Startup Weekends are 54-hour events where entrepreneurs come together to pitch ideas, form teams, and learn best practices.

This past weekend, the Jacksonville entrepreneurship community hosted their own version of this exciting program. 150 people came…

Strategy Roundtable For Entrepreneurs: Are Media Sites Fundable?

Strategy Roundtable For Entrepreneurs: Are Media Sites Fundable?

Today’s roundtable brought some core issues up for debate regarding media startups that are focusing largely on Content and Community features and expecting to get funded. So, I would like to take some time to offer a broad overview on the topic and some pointers to entrepreneurs who are making the assumption that you can […]

Strategy Roundtable For Entrepreneurs: Spotlight On IIT Kharagpur, India

Strategy Roundtable For Entrepreneurs: Spotlight On IIT Kharagpur, India

Today’s roundtable was jointly organized by the Indian Institute of Technology, Kharagpur (IIT KGP) and the 1M/1M program as part of the former’s Global Entrepreneurship Summit organized by the student-run e-cell. For the uninitiated, IIT KGP is considered one of the top technology schools in India, and it is located in the Eastern part of the…

Strategy Roundtable For Entrepreneurs: ERP Galore

Strategy Roundtable For Entrepreneurs: ERP Galore

At today’s roundtable, we had an unusual amount of discussion on ERP startups. Given that ERP is such a mature market, the fact that all this startup activity is going on in ERP is a bit puzzling to me.

Rural ERP

Surjith Singh from Chennai, India, pitched Rural ERP, a business that intends to focus on supplying rural Indian small and micro…

Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

I know that many, many entrepreneurs are feeling dejected because of investor rejections.

Today, I want to share with you a story of an amazing entrepreneurial team led by Alex Bouzari, CEO of Data Direct. In How To Defend Your Dream Against All Odds, Alex and I explore the company’s journey to $200 Million in revenue, while their VCs wrote them…

Roundtable For Entrepreneurs: Check Out Stanzr

Roundtable For Entrepreneurs: Check Out Stanzr

During today’s roundtable, we had some excellent discussions of product marketing for a couple of different concepts.

The 1M/1M Channel on Stanzr

The first of these discussions was about a new social media marketing platform called Stanzr, from San Francisco-based Voluble, that we are using at 1M/1M. Taariq Lewis, the founder of Voluble, is a…

Strategy Roundtable For Entrepreneurs: Nonprofits And For-profits

Strategy Roundtable For Entrepreneurs: Nonprofits And For-profits

During today’s roundtable, we had a lot of discussion around nonprofits and for-profits.

Foundups: Michael Trout, from Fukui, Japan, pitched Foundups, which he claims will be a platform for open corporations. He talked about everything from raising funding for pre-seed entrepreneurs to get them to the seed stage, crowd funding, social media…

Strategy Roundtable For Entrepreneurs: Free is Not a Business Model

Strategy Roundtable For Entrepreneurs: Free is Not a Business Model

At today’s roundtable, we had a chance to discuss a topic that continues to bother me endlessly – the Internet’s obsession with FREE.
MyStream
Richard Zelson, from New York, New York, discussed MyStream, a music streaming app that allows multiple people to listen to the playlist of one individual, serving, roughly speaking, the function of a…

Strategy Roundtable For Entrepreneurs: Dedicated To Steve Jobs

Strategy Roundtable For Entrepreneurs: Dedicated To Steve Jobs

“Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes … the ones who see things differently. They’re not fond of rules, and they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them, but the only thing you can’t do is ignore them because they…

Strategy Roundtable For Entrepreneurs: From Poland to Argentina

Strategy Roundtable For Entrepreneurs: From Poland to Argentina

During this week’s roundtable, once again, we had an international group of entrepreneurs presenting from Buenos Aires, Argentina; Warsaw, Poland; Geneva, Switzerland; Sherbrooke, Canada; Oakland, California; and Austin, Texas. In addition, we had attendees from many other parts of the world. Let’s dive in and see what they each are working…

Strategy Roundtable For Entrepreneurs: Do Your Homework First

Strategy Roundtable For Entrepreneurs: Do Your Homework First

At today’s roundtable, we had entrepreneurs presenting from Brazil, Israel and India. In fact, I was pleased to even see an entrepreneur from Kolkata, India, the city in which I was born and raised.

Estate Lister

First up, Siddhesh Joglekar from Mumbai, India, pitched Estate Lister, a real estate portal along the lines of Zillow, targeted to…