420th 1Mby1M Entrepreneurship Podcast With Susan Stone of Sierra Wasatch Capital

Susan Stone, Founder and Managing Partner at Sierra Wasatch Capital, discusses their investment thesis around Media Technology.

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1Mby1M Virtual Accelerator Investor Forum: With George Spencer of Seyen Capital (Part 2)

Sramana Mitra: Within B2B SaaS, do you have a preference between selling to enterprises versus selling to small businesses?

George Spencer: I’ve invested in the past in both and made money on both. My diligence is understanding how you’re going to be able to build a distribution channel based on the price points that you’re able to sell your software for. I’ve worked with SPS Commerce that was selling outbound telemarketing salesforce. I can work with both small businesses that make $100 a month per customer all the way to companies taking in $5 million a year from some customers.

Sramana Mitra: Across the companies that you have invested in both from this fund as well as your general experience, can you share a few examples and give us a flavor of when you went into the deal, what did you see? What is it that made you decide to invest in this particular set of companies? Give us some case studies so we understand how you think about investments. >>>

416th 1Mby1M Entrepreneurship Podcast With Jason Cahill, McCune Capital

Jason Cahill is Managing Partner at McCune Capital, a NY-based firm. He talks about the pros and cons of chasing Unicorns, as well as his firm’s investment philosophy.

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1Mby1M Virtual Accelerator Investor Forum: With George Spencer of Seyen Capital (Part 1)

Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with George Spencer was recorded in January 2019.

George invests in SaaS companies mostly in the Midwest from a small fund out of Chicago. The interview contains an excellent discussion on ideal levels of capitalization for good exit prices. >>>

428th Roundtable Recording on January 16, 2019: With Ondrej Bartos, Credo Ventures

In case you missed it, you can listen to the recording here:

Roundtable Recap: January 16 – Spotlight on Entrepreneurship in Central Europe

During this week’s roundtable, we had as our guest Ondrej Bartos, General Partner at Credo Ventures based in Prague, focused on investing in Central European startups. Their major success story is UiPath in robotics process automation that has raised $265 million at a $3 billion valuation. UiPath has over 2,100 customers and claims to have annual revenues of $150 million. We discuss the Romanian company in some detail.

WellWrap
As for the pitches, first up, we had Abi Kariguiddaiah, a 1Mby1M Premium member from Danville, California, pitch WellWrap.

SharesInside
Next, we had Dave Hannam from Zurich, Switzerland, pitch SharesInside, a company that is currently at a $1M ARR level.

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427th Roundtable Recording on January 10, 2019: With Daniel Keiper-Knorr, SpeedInvest

In case you missed it, you can listen to the recording here:

1Mby1M Virtual Accelerator Investor Forum: With Spencer Crawley of Firstminute Capital (Part 5)

Sramana Mitra: In a nutshell, you are still looking at unicorn exits as the preferred investment thesis.

Spencer Crawley: Correct.

Sramana Mitra: It is the conventional wisdom of venture capital.

Spencer Crawley: We debated it at length. It’s not something that we took as gospel from day one. It’s a more organic process of building a business and scaling. In a way, it’s a very VC question in terms of when you’re meeting a seed-stage company to have a meaningful internal debate if this is a billion dollar exit or not. It’s a little bit academic. The amount of unknowns are so significant. >>>