Entrepreneurs are invited to the 448th FREE online 1Mby1M mentoring roundtable on Thursday, June 27, 2019, 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.
Sramana Mitra: What is the current fund size? $50 million is a small fund size to do $5 million to $10 million checks.
Michael Smerklo: We ended up being way oversubscribed for fund one. We ended up being just under $90 million for fund one. It was twice larger than we expected.
Sramana Mitra: To write those checks, what are you looking for? If you are doing a B2B SaaS deal, what kind of MRR or ARR metric are you looking for?>>>
It has been under a year since the cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) went public. The stock has almost tripled since it listed. It recently announced its first quarter results, and the stock climbed 20% post the announcement.>>>
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Michael Smerklo was recorded in April 2019.
Michael Smerklo, Co-Founder and Managing Director at Next Coast Ventures, talks about some of the ventures his firm has invested in and the philosophy in general.
Sramana Mitra: Let’s start by getting to know you and introducing you to our audience. Tell us a bit about yourself as well as about Next Coast.>>>
ForeScout (NASDAQ: FSCT), a cyber security company specializing in visibility for endpoint security, went public in October 2017. It recently reported a strong quarter and announced the release of a new platform focusing on operational technology (OT) security.>>>
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sarbvir Singh was recorded in April 2019.
Sarbvir Singh, Managing Partner at WaterBridge Ventures, talks about the firm’s India-focused investment thesis.
Sramana Mitra: Tell us about WaterBridge Ventures. What are your activities? Where are you positioning this fund? How big is this fund?>>>
This feature from The Banking & Finance Post covers the growth of the FinTech industry and the disruption due to AI. For this week’s posts, click on the paragraph links.>>>
Sramana Mitra: The next question I have for you is a slightly broader question. Are you looking for unicorns?
Taylor Greene: I think the short answer is yes. I’m always looking for unicorns. Historically, when you look at the math of venture capital, you need a unicorn in a fund in order to be a top-performing fund. The good news is we put about 35 companies into a fund.>>>