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Strategy Roundtable For Entrepreneurs Dedicated To Steve Jobs, Reinforcing Mission To Restructure Capitalism

ReadWriteStart

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. This, of course, doesn't mean that we discourage entrepreneurs from seeking financing.

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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: Do Not Spray and Pray

ReadWriteStart

I will work with him on his inventory financing strategy. Then Dhana Cohen pitched TheNextBigZing.com where she has collected various merchants with video reviews of products. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series.

India 114
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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

Charge-back accounting solution for large enterprises deploying cloud technologies. Ric Telford, VP of cloud services, IBM pointed me to the rather significant move towards rolling out private clouds at large enterprises, a move that IBM is spearheading by providing full stacks of infrastructure technologies. Sequoia has financed them.

Cloud 117
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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I All three of today's roundtable companies will soon be featured on Incubation Radar.

Valuation 119
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Strategy Roundtable For Entrepreneurs: 75th Session Spotlights The Midwest

ReadWriteStart

The discussion today was around Social Media financing and go-to-market strategy. The missing piece is getting reviewed by campus blogs and newspapers, which I advised Chris to look into. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Discuss.

Illinois 114
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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

From what I have seen, this is one of the few companies that can cross the elusive billion dollar mark in due course. Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing. Zoho is already over $100 million in revenue and is seeing tremendous traction.