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Finance Fridays

Feld Thoughts

They suggested we call this “Finance Fridays&# to bookend Fred’s MBA Monday’s – I checked with Fred to see if he was ok with this and his response was “Hell yes. His focus was to incubate an internal start-up which is built on state-of-the-art technology, novel business model and innovative products.

Finance 135
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

During today's roundtable, we had four Microsoft BizSpark Startup India Challenge grant finalists present. Freshdesk First, Girish Mathrubootham from Chennai, India, pitched Freshdesk , a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support.

India 123
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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

Brad has had some success in working with retailers as well, but I advised him to be careful about the cash flow management. I will work with him on his inventory financing strategy. Now, e-commerce has had extremely slow penetration in India, one of the key reasons being the lack of reliability of the delivery and logistics chain.

India 114
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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

Cloud-based legal records management, digitization, archival, retrieval. Sequoia has financed them. First up was Ambal Ramachandran with SurgeForth , a talent management SaaS company that we first saw last November. Rajeev wants to build a BPO firm in a place called Bolpur in West Bengal, India. Photo by thesaint.

Cloud 117
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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). In 1M/1M, our preferred financing strategy is customers. Because customer financing equals revenue, not equity.

Cloud 115
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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

The offering is a managed service, priced at $7,000-$10,000 for a one-time setup fee and a $2,500-$3,000 per month maintenance and services charge. Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing. Is it inventory risk that Statisco manages well?

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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119