Stefania Mallett, CEO at ezCater, who raised multiple seed rounds, and then, over a period of a decade, $70 million. Stefania describes her journey of building a 2-sided marketplace for catering services that will do a billion dollars in billing soon. Great story of a woman entrepreneur who focuses on data, metrics, and results, not bias!
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Swati Chaturvedi is Co-founder and CEO at Propel(x), an online platform where entrepreneurs are connected to angels. Swati and I discussed some of the key trends of the seed financing eco-system as viewed from Propel(x).
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In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Stefania Mallett, CEO at ezCater, who raised multiple seed rounds, and then, over a period of a decade, $70 million. Stefania described her journey of building a 2-sided marketplace for catering services that will do a billion dollars in billing soon. Great story of a woman entrepreneur who focuses on data, metrics, and results, not bias!
zVesta
Pitching, we had Rajan Danngn from Gurgaon, India, pitching zVesta, an online reviews and ratings portal for builders of real estate. The company has three paying customers and some revenue, which is awesome, as their business model and pricing model assumptions are starting to get validated. Next, we need to see a clear bottom-up TAM analysis.
According to Grant Thornton India, the Indian fashion retail industry has evolved rapidly over the past decade propelled by investments to the tune of $13 billion flowing into the sector. Of this, $10 billion were PE/VC investments. Indian fashion retail industry is worth about $70 billion and online fashion e-commerce, according to Google India, is expected to grow to $35 billion by 2020 or around 35% of e-commerce. LimeRoad is an Indian online fashion retailer with a unique social discovery platform that is trying to make it big. >>>
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Swati Chaturvedi, Co-founder and CEO at Propel(x), an online platform where entrepreneurs are connected to angels. Swati and I discussed some of the key trends of the seed financing eco-system as viewed from Propel(x).
One of my observations is that we’re in 2017. Lots of stuff has already been built. Nowadays, there aren’t so many wide, open opportunities out there. But there are many, many niche opportunities. Some of these businesses need to be built with very small amounts of capital – $1-2 Million, and sold for $10-15M. I asked Swati if there is appetite in the Propel(x) community for this type of investment? And what about a notch smaller? Invest $250k-$500k and sell for $5-$10M?
Entrepreneurs, especially woman entrepreneurs, looking for some inspirational and informative startup founders to share their unique perspectives and lessons learned, will find several success stories worth following in this selection of 30-minute podcasts.
Therese Tucker, Founder and CEO of BlackLine, is a very successful female entrepreneur who followed our core philosophy of bootstrap first, raise money later. When I first met her in 2009, her company was in the $10 million revenue range. Subsequently, it has continued to grow at 50% CAGR year over year, and Therese raised private equity funding in 2013 to take liquidity for herself and her team. The company has since gone public at a Unicorn valuation.
Stephanie Leffler, CEO of OneSpace, has done a prior successful, bootstrapped venture from St. Louis and exited it. This time round, she has bootstrapped to about $350k in revenue and then raised venture capital from Highland Capital and others. Stephanie is a damn compelling entrepreneur.
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Stephanie Leffler, CEO of OneSpace, has done a prior successful, bootstrapped venture from St. Louis and exited it. This time round, she has bootstrapped to about $350k in revenue and then raised venture capital from Highland Capital and others. Stephanie is a damn compelling entrepreneur.
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Jana Francis, Founder and President of Steals.com, has experienced significant challenges in building her bootstrapped company from Utah. She candidly discussed these challenges, and her experiences are eye-opening and inspiring.
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