The day started with the WhatsApp acquisition by Facebook hanging over entrepreneurs. Everyone is a bit stunned at the price, so it certainly was a topic of discussion at the roundtable.
During this week’s roundtable, we saw some really nice businesses, at least a couple of them seem perfectly viable to me.
First up, Nancy Coughlin comes to us from Startup Weekend Jacksonville in Florida, pitching Fish Harmony, a mobile app for fish lovers who need to manage fish tanks, assuring that only compatible fishes are put together. There’s a variety of context-specific, personalized functions that make this a wonderful web 3.0 opportunity.
Next, Madhur Khandelwal from India pitched Scandid, a mobile shopping app for the Indian market that focuses on searching for products, comparing prices online and offline, searching for coupons, etc.
Again, a perfectly viable, revenue-generating product that already has angel financing, and is trying to decide on the right strategy for building the business to its full potential. The discussion was extremely interesting, and hopefully, the audience learned a fair bit from it.
Then, Edward Varghese from New Delhi, India, pitched iGlobify, a product targeting online travel portals that cater to specific, packaged travel like medical tourism, adventure travel, etc. This one is earlier stage and lacks validation yet.
Last up, Jim McMichael from Thousand Oaks, California, pitched Atrivu, an Artificial Intelligence engine that he wants to sell to a broad set of B-to-B customers. The product needs positioning and a go-to-market strategy to make it in the market.
You can listen to the recording of this roundtable here.
Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, a virtual incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of theEntrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes.
As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.