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Jeffrey Epstein's infamous Palm Beach mansion—where many of his alleged crimes took place—was ultimately sold off and demolished after years of controversy and legal battles tied to his estate. After Epstein's death, real estate developer Todd Michael Glaser bought the property, razed the existing house, and put the empty waterfront lot back on the market. That parcel, with about 170 feet of Intracoastal Waterway frontage, was then purchased by venture capitalist David Skok, a partner at Matrix Partners, for nearly $26 million—significantly more than what the developer paid. Skok acquired the land after the original structure was removed, turning a place associated with trauma and public outrage into a blank slate.While specific public plans for the property under its new owner haven't been fully detailed, the change in ownership and demolition itself signal a deliberate shift in vision: to erase the physical remnants of a site tied to abuse and transform the parcel into something entirely new. Initially, Glaser had hoped to build a large modern estate, but architectural board pushback led him to sell the lot instead. With Skok now in control, the focus appears to be on redevelopment rather than preservation of the notorious structure, marking a controversial but clear departure from the mansion's dark past.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Jeffrey Epstein's infamous Palm Beach mansion—where many of his alleged crimes took place—was ultimately sold off and demolished after years of controversy and legal battles tied to his estate. After Epstein's death, real estate developer Todd Michael Glaser bought the property, razed the existing house, and put the empty waterfront lot back on the market. That parcel, with about 170 feet of Intracoastal Waterway frontage, was then purchased by venture capitalist David Skok, a partner at Matrix Partners, for nearly $26 million—significantly more than what the developer paid. Skok acquired the land after the original structure was removed, turning a place associated with trauma and public outrage into a blank slate.While specific public plans for the property under its new owner haven't been fully detailed, the change in ownership and demolition itself signal a deliberate shift in vision: to erase the physical remnants of a site tied to abuse and transform the parcel into something entirely new. Initially, Glaser had hoped to build a large modern estate, but architectural board pushback led him to sell the lot instead. With Skok now in control, the focus appears to be on redevelopment rather than preservation of the notorious structure, marking a controversial but clear departure from the mansion's dark past.to contact me:bobbycapucci@protonmail.com
Video Game profits collapse, PC sales boom & The Next Gen battle begins in Japan These stories and many more on this episode of the VGNRTM! This episode we will look back at the biggest stories in and around the video game industry in November 1994. As always, we'll mostly be using magazine cover dates, and those are of course always a bit behind the actual events. Alex Smith of They Create Worlds is our cohost. Check out his podcast here: https://www.theycreateworlds.com/ and order his book here: https://www.theycreateworlds.com/book Get us on your mobile device: Android: https://www.google.com/podcasts?feed=aHR0cHM6Ly92aWRlb2dhbWVuZXdzcm9vbXRpbWVtYWNoaW5lLmxpYnN5bi5jb20vcnNz iOS: https://podcasts.apple.com/de/podcast/video-game-newsroom-time-machine And if you like what we are doing here at the podcast, don't forget to like us on your podcasting app of choice, YouTube, and/or support us on patreon! https://www.patreon.com/VGNRTM Send comments on Mastodon @videogamenewsroomtimemachine@oldbytes.space Or twitter @videogamenewsr2 Or Instagram https://www.instagram.com/vgnrtm Or videogamenewsroomtimemachine@gmail.com Or Discord https://discord.gg/mYdkBJe8 Links: If you don't see all the links, find them here: https://www.patreon.com/VGNRTM/posts/november-1994-161464050 7 Minutes in Heaven: Jazz Jackrabbit Video Version: https://youtu.be/IIom2LSch6w https://www.mobygames.com/game/902/jazz-jackrabbit/ Corrections: Ethan's fine site The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ November 1984 Ep - https://www.patreon.com/VGNRTM/posts/november-1984-157521521 Great Exhibition Digital Recreation - https://www.youtube.com/watch?v=9wNEgZDetNk https://en.wikipedia.org/wiki/Nintendo_VS._System Moondust 7 Minutes - https://youtu.be/jT3QzYpUEck?si=MbYsjB7cDptFfIBY November 1994: Video Game Industry profits plummet Sega Reports 47 Percent Drop in Earnings in Fiscal First Half, Associated Press Worldstream, November 11, 1994; Friday 07:03 Eastern Time, Section: Financial pages SEGA PROFITS PLUNGE 43PC AS VIDEO GAME RIVALRY HOTS UP, The Guardian (London), November 12, 1994, Section: THE GUARDIAN HOME PAGE; Pg. 1, Byline: Nicholas Bannister In London And Kevin Rafferty In Tokyo EDITORS:Associated Press Worldstream, November 21, 1994; Monday 07:13 Eastern Time, Section: Financial pages KOEI LOWERS PROFIT ESTIMATES, Jiji Press Ticker Service, NOVEMBER 4, 1994, FRIDAY NAMCO SUFFERS LOWER PROFITS IN 1ST HALF, Jiji Press Ticker Service, NOVEMBER 4, 1994, FRIDAY KONAMI TO LOG 3.1-B.-YEN LOSS FOR FY '94, Jiji Press Ticker Service, NOVEMBER 9, 1994, WEDNESDAY KONAMI SLIPS INTO RED IN 1ST HALF, Jiji Press Ticker Service, NOVEMBER 25, 1994, FRIDAY CAPCOM SUFFERS SHARP DROPS IN PROFIT, SALES, Jiji Press Ticker Service, NOVEMBER 24, 1994, THURSDAY Play Meter November 1994, pg. 22 TAKARA RETURNS TO BLACK IN 1ST HALF, Jiji Press Ticker Service, NOVEMBER 18, 1994, FRIDAY T-HQ announces third-quarter results, s'ipment of the XBAND Video Game, Modem aNd new equity financing, Business Wire, November 14, 1994, Monday SOFTWARE ETC. STORES, INC. REPORTS THIRD QUARTER RESULTS, PR Newswire, November 10, 1994, Thursday - 13:59 Eastern time, Section: Financial News Software Etc. and Babbage's to merge SOFTWARE ETC. STORES, INC. REPORTS THIRD QUARTER RESULTS, PR Newswire, November 10, 1994, Thursday - 13:59 Eastern time, Section: Financial News Big money bets against Atari CBS rich with takeover rumors, USA TODAY, November 7, 1994, Monday, FINAL EDITION, Section: MONEY; Dan Dorfman; Pg. 4B, Byline: Dan Dorfman https://mdsass.com/our-team/ ATARI RESPONDS TO DAN DORFMAN ARTICLE IN USA TODAY, PR Newswire, November 8, 1994, Tuesday - 09:10 Eastern Time Atari stock plummets,The Financial Post (Toronto, Canada), November 8, 1994, Tuesday,DAILY EDITION, Section: SECTION 1, NEWS; Pg. 14; APPOINTMENT NOTICE, Byline: Bloomberg ATARI CORP. ANNOUNCES THIRD QUARTER AND NINE MONTHS 1994 RESULTS, PR Newswire, November 14, 1994, Monday - 05:59 Eastern Time, Section: Financial News COMPANY NEWS; ATARI STOCK RISES AS DEAL WITH SEGA IS COMPLETED, The New York Times, November 17, 1994, Thursday, Late Edition - Final, Distribution: Financial Desk , Section: Section D; ; Section D; Page 4; Column 1; Financial Desk ; Column 1; Siliwood deals abound! Activision, Henson in Multimedia Muppets Deal, Ad Day, November 7, 1994, Section: NEWS ROUNDUP; Pg. 12 Move over, nerds - Hollywood's here, The Age (Melbourne, Australia), November 15, 1994 Tuesday, Late Edition, Section: COMPUTERS; Frontier Media; Pg. 43 https://archive.org/details/electronic-games-1994-11z Baby Bells form Multimedia Colossus 3 BABY BELLS FORM MULTIMEDIA COLOSSUS 1994, Reuters News Service, St. Louis Post-Dispatch (Missouri), November 1, 1994, TUESDAY, FIVE STAR Edition, Section: BUSINESS; Pg. 6C TELEPHONE FIRMS AIM AT CABLE BELL ATLANTIC AND TWO OTHER, BABY BELLS PLAN A MULTIMEDIA VENTURE. , USERS COULD ORDER, VIDEOS.The Philadelphia Inquirer, November 1, 1994 Tuesday FINAL EDITION, Section: BUSINESS; Pg. C01 Info highway dream team / Ovitz wants Hollywood on high-tech map, USA TODAY, November 1, 1994, Tuesday, FINAL EDITION, Section: MONEY; Pg. 1B; Cover Stor William Morris goes Interactive William Morris Courts Agencies, ADWEEK, November 14, 1994, Western Edition, Byline: By Cathy Taylor Siemens gets into settop boxes 2 Companies Join Siemens In Video Plan, The New York Times, November 8, 1994, Tuesday, Late Edition - Final, Distribution: Financial Desk, Section: Section D; ; Section D; Page 5; Column 1; Financial Desk ; Column 1;Byline: By Bloomberg Business News Intel, Backed On ITV, Sails For CablePort, Electronic Buyers News, November 28, 1994, Business and Industry, Section: Pg. 3; ISSN: 0164-6362, Byline: Jonathan Cassell TCI buys into Acclaim TCI AND ACCLAIM FORM PARTNERSHIP FOR INTERACTIVE, ENTERTAINMENT SOFTWARE, M2 PRESSWIRE, November 4, 1994 TeleWest goes public Time is right to float, says TeleWest, The Herald (Glasgow), November 8, 1994, Section: Pg. 25, Byline: Nicola Reeves BCE Holdings to buy Rage and Software Creations NEW GAME PLAN AT £25M BCE, Daily Mail (London), November 2, 1994, Section: Pg. 65 BCE HOLDINGS TO BUY SOFTWARE CREATIONS (HOLDINGS): 2, Extel Examiner, November 1, 1994, Tuesday - 03:04 Eastern Time, Section: Company News; Takeovers and Acquisitions COMPUTER GAMES MERGER GOES TO EUROPEAN LEVEL, The Guardian (London), November 5, 1994, Section: THE GUARDIAN CITY PAGE; Pg. 38, Byline: Jim Levi Consoled by a £10m fortune, Mail on Sunday (London), November 6, 1994, Section: Pg. 5, Byline: Jason Nisse Computer games 'set for surge in sales', The Times, November 9, 1994, Wednesday, Section: Business, Byline: By Neil Bennett Warner buys Renegade Amiga Games, November 1994, pg. 34 https://en.wikipedia.org/wiki/Renegade_Software Mindscape to buy Atreid Concept L'editeur Mindscape rachete Atreid Concept, Echos, November 19, 1994 https://www.mobygames.com/company/661/kalisto-entertainment-sa/ Video game ratings system still a thorn in coinop's side Play Meter, November 1994, pg. 20 https://arcade.fandom.com/wiki/Parental_Advisory_System Sega goes big with VR-1 Japanese take virtual reality for a ride; Sega has combined fairground rides, with hi-tech wizardry, writes Arnold Redhead, The Independent (London), November 21, 1994, Monday, Section: NETWORK PAGE; Page 25, Byline: ARNOLD REDHEAD https://en.wikipedia.org/wiki/VR-1 https://www.youtube.com/watch?v=L_rf9FiwBUk Japanese Next Gen Holiday Lineup Set Video-game makers out to zap 32-bit rivals, Nikkei Weekly, November 7, 1994, Business and Industry, Section: Pg. 9; Vol. 32; Multimedia video game wars begin, The Daily Yomiuri, November 8, 1994, Tuesday, Byline: Terumitsu Otsu; Daily Yomiuri Staff Writer Nintendo's super 'game boy' from Dundee, The Scotsman, November 16, 1994, Wednesday, Section: Pg. 32 NINTENDO, U.S. FIRM TO DEVELOP 3-D SOFTWARE, Jiji Press Ticker Service, NOVEMBER 22, 1994, TUESDAY https://nintendo.fandom.com/wiki/Paradigm_Entertainment Saturn release date set INDUSTRY TREND: CONSUMER ELECTRONICS FIRMS JOIN VIDEO GAME, ORGY, Jiji Press Ticker Service, NOVEMBER 18, 1994, FRIDAY New Video Machines Battle For Supremacy, The Associated Press, November 30, 1994, Wednesday, AM cycle, Section: Business News, Byline: By BRAVEN SMILLIE, Matsushita announces next gen system for 1995 Matsushita likely to market 64-bit game machines in '95, Japan Economic Newswire, NOVEMBER 15, 1994, TUESDAY Matsushita and IBM team up Matsushita, IBM in multimedia project, United Press International, November 20, 1994, Sunday, BC cycle https://en.wikipedia.org/wiki/Panasonic_M2#Technical_specifications 3DO announces massive loss Video Game Maker 3DO Reports $ 12.8 Million Second-Quarter Loss, The Associated Press, November 4, 1994, Friday, BC cycle (THDO) 3DO announces second quarter financial results, Business Wire, November 4, 1994, Friday Goldstar launches 3DO in USA Goldstar Co, Wall Street Journal (3 Star, Eastern (Princeton, NJ) Edition), November 8, 1994, Business and Industry, Section: Pg. B4; Vol. 224; No. 91; ISSN: 0099-9660 Creative to launch 3DO Blaster Unveiling the latest in computer magic / Film and fun: Morphing and more, USA TODAY, November 17, 1994, Thursday, FINAL EDITION, Section: LIFE; Pg. 4D 3DO Blaster Video - Retro Collective - https://youtu.be/qaHAuGmN3Tk?si=OHf5v3Z9vfJ3RZfl Nintendo launches massive DKC blitz https://youtu.be/SbHL8-XkXMA?si=d3GNpw2n57mTQBuL https://youtu.be/OGqUF02zVt4?si=XFO_2LUnM157ayC5 Burnett Seeks to Make Donkey Kong King, AdWeek Midwest; AdWeek, November 21, 1994, Business and Industry, Section: Pg. 2; Vol. XXXV; No. 47; Yen and old product cause slide in Nintendo profits, The Financial Post (Toronto, Canada), November 22, 1994, Tuesday,, DAILY EDITION, Section: SECTION 1, NEWS; Pg. 15; APPOINTMENT NOTICE Video Games Showdown: Will Sega Zap Nintendo?, Christian Science Monitor 8Boston, MA), November 28, 1994, Monday, Section: ECONOMY; Pg. 4, Byline: Mark Trumbull, Staff writer of The Christian Science Monitor Nation Goes Ape For Donkey Kong Country; Runaway Sales for Hit Video, Game Exceed Box Office Gross for Current Number One Movie, Business Wire, November 30, 1994, Wednesda Atari to spend big in Europe Atari Tackles Games Giants In Pounds 5m Spend, Marketing, November 10, 1994 Jaguar launches in Japan Atari's Jaguar Enters Japanese Retail Markets 11/22/94, Newsbytes News Network, November 22, 1994 https://forums.atariage.com/topic/330871-the-japanese-atari-jaguar/ Sony announces Liverpool dev centre SONY CREATES 250 NEW JOBS FOR MERSEYSIDE, Press Association, November 7, 1994, Monday SONY ELECTRONIC INVESTMENT IN, The Guardian (London), November 8, 1994, Section: THE GUARDIAN CITY PAGE; Pg. 14, Byline: Martyn Halsall, Northern SONY TO SET UP U.K. GAME SOFTWARE CENTER, Jiji Press Ticker Service, NOVEMBER 8, 1994, TUESDAY JAPANESE GIANT TO MAKE GAMES AND 250 JOBS ON MERSEYSIDE, M2 PRESSWIRE, November 28, 1994 Nintendo signs Russian Distribution deal Russia: Nintendo has selected Steepler as an exclusive distributor of Nintendo video games., Kommersant, November 1, 1994 https://bootleggames.fandom.com/wiki/Steepler_Ltd.#1994:_Dendy:_The_New_Reality,_partnership_with_Nintendo https://en.wikipedia.org/wiki/Dendy Mortal Kombat 2 launch is massive Mortal moral: Gore sells, money yells, Computer Retail Week, November 14, 1994, Business and Industry, Section: Pg. 116; Vol. 4; Ad budget Rises Ad/Media Bulletin: Computer games ad push targets grown-ups, Marketing, November 17, 1994 Movie tie-ins getting tighter (SNAPSHOT), The Age (Melbourne, Australia), November 12, 1994 Saturday, Late Edition, Section: SATURDAY EXTRA; SNAPSHOT; Pg. 15 Another Big U.S. Deal Turns Sour for Japanese Firm, Associated Press Worldstream, November 18, 1994; Friday 06:09 Eastern Time, Section: International news, Byline: PETER LANDERS Hard lessons from Sony's software underbelly, The Independent (London), November 18, 1994, Friday, Section: BUSINESS & CITY PAGE; Page 34, Byline: HAMISH McRAE Leisure Concepts reports third quarter, nine-month results, Business Wire, November 14, 1994, Monday https://en.wikipedia.org/wiki/GoldenEye https://en.wikipedia.org/wiki/GoldenEye_007 Nintendo premiers VirtualBoy Nintendo Unveils Virtual Reality Game, The Associated Press , November 14, 1994, Monday, AM cycle, Section: Business News https://www.linkedin.com/in/kerry-ganofsky-15873/ Nintendo announces investment in Reflection Technology Inc.; home video game leader also acquires exclusive worldwide license for proprietary LED, display technology, Business Wire, November 14, 1994, Monday VIRTUALITY PLAYS DOWN IMPACT OF RIVAL NINTENDO PRODUCT, Extel Examiner,November 16, 1994, Wednesday - 07:16 Eastern Time, Section: Company News; Other https://en.wikipedia.org/wiki/Virtual_Boy PC sales boom Spurred by many factors, home PC sales are soaring, Star Tribune (Minneapolis, MN), November 10, 1994, Metro Edition, Section: Special; Pg. 2S, Byline: Steve Alexander; Staff Writer Bandai and Apple team up for children's PC BANDAI, APPLE TO JOINTLY DEVELOP PC FOR CHILDREN, Jiji Press Ticker Service, NOVEMBER 10, 1994, THURSDAY https://en.wikipedia.org/wiki/Apple_Pippin Apple sets sights on video games, The Financial Post (Toronto, Canada), November 11, 1994, Friday,, DAILY EDITION, Section: SECTION 1, NEWS; Pg. 5; COLUMN Apple to sell MacOS at retail MICROFILE, The Guardian (London), November 17, 1994, Section: THE GUARDIAN ONLINE PAGE; Pg. 7 https://www.youtube.com/watch?v=8v4BaWwoyA0 Commodore Sale delayed... AGAIN! DELAY IN THE SALE OF COMMODORE CREATES ANXIETY A LONG WAIT COULD KILL PROSPECTS FOR THE FIRM'S AMIGA COMPUTERS. AT LEAST, THAT'S WHAT ITS ADHERENTS SAY., The Philadelphia Inquirer, November 7, 1994 Monday FINAL EDITION, Section: PHILADELPHIA BUSINESS; Pg. G01, byline: Dan Stets, Amiga Games, November 1994, pg. 19 Australia funds multimedia development Multimedia funding is welcome news, The Age (Melbourne, Australia), November 1, 1994 Tuesday, Late Edition, Section: COMPUTERS; Frontier Media; Pg. 34 Korea invests in games Korea Makes Huge Game Industry Investment, Newsbytes, November 21, 1994, Monday Looking Glass goes VC LOOKINGGLASS RECEIVES $3.8 MILLION IN VENTURE CAPITAL FROM INSTITUTIONAL VENTURE PARTNERS, MATRIX PARTNERS, PR Newswire, November 21, 1994, Monday - 14:24 Eastern Time, Section: Entertainment, Television, and Culture PC Player November 1994, pg. 17 Humongous bets on hand drawn art "FREDDI FISH AND THE CASE OF THE MISSING KELP SEEDS(TM) SWIMS INTO STORES,PR Newswire, November 7, 1994, Monday - 12:52 Eastern Time" Staples stocks games Office Superstores Emphasize 'Play" with Software, Discount Store News, November 7, 1994, Business and Industry, Section: Pg. S4; Vol. 33; No. 21; ISSN: 0012-3587 Amstrad targets direct market Marketing Technique: Key movers - Publishers are still paying mega bucks for titles on mega bytes. So why does computer publishing continue to thrive, asks Michael Kavanagh, Marketing, November 24, 1994, Byline: By MICHAEL KAVANAGH IBM moves to online software distribution IBM to beam up satellite-based software delivery, Network World, November 7, 1994, Section: TOP NEWS; Pg. 10, Byline: Michael Cooney IBM introduces multilevel disc IBM's multilevel optical disk named "Best of What's New", Business Wire, November 9, 1994, Wednesday https://research.ibm.com/publications/multilevel-volumetric-optical-storage AT&T buys Imagination network AT&T buys interactive computer games unit, Financial Times (London,England), November 16, 1994, Wednesday, Section: International Company News; Pg. 34, Byline: By LOUISE KEHOE and REUTER Xband launches PERSONAL TECHNOLOGY New video game service for kids ready to come on line Thursday, The Atlanta Journal and Constitution, November 13, 1994, Sunday, Section: BUSINESS; Section R; Page 3, Byline: By Kris Jensen STAFF WRITER Sega Channel to get nationwide rollout Sega Channel test a success -- service prepares for national rollout in December; Final test results far exceed expectations, Business Wire, November 30, 1994, Wednesday Jaguar to go online CUC BUYS ITS WAY INTO INTERNET TRANSACTIONS; IMAGINE AT&T OWNING THE COMPANY; NOT MOSAIC, NETSCAPE; COMMERCE THROUGH COMPUSERVE; OTHER NEWS: Advertising Age, November 21, 1994, Section: Pg. 15 Sega goes online Sega goes on-line with CompuServe & World Wide Web; real-time conferences, video clips, contests, chat rooms all part of new interactive, services for Sega fans, Business Wire, November 2, 1994, Wednesday "CHRYSLER CD-ROMS GROOVE TO GENERATION X; TREKKING TO THE INTERNET; ONLINE VIDEOGAME NETWORK BOWS; AOL BOOSTS INTERNET STRATEGY; OTHER NEWS: Advertising Age, November 14, 1994, Section: Pg. 22" Mosaic Communications changes name to Netscape CUC BUYS ITS WAY INTO INTERNET TRANSACTIONS; IMAGINE AT&T OWNING THE COMPANY; NOT MOSAIC, NETSCAPE; COMMERCE THROUGH COMPUSERVE; OTHER NEWS: Advertising Age, November 21, 1994, Section: Pg. 15 AOL goes shopping "CHRYSLER CD-ROMS GROOVE TO GENERATION X; TREKKING TO THE INTERNET; ONLINE VIDEOGAME NETWORK BOWS; AOL BOOSTS INTERNET STRATEGY; OTHER NEWS: Advertising Age, November 14, 1994, Section: Pg. 22" CUC buys netMarket CUC BUYS ITS WAY INTO INTERNET TRANSACTIONS; IMAGINE AT&T OWNING THE COMPANY; NOT MOSAIC, NETSCAPE; COMMERCE THROUGH COMPUSERVE; OTHER NEWS: Advertising Age, November 21, 1994, Section: Pg. 15 Paul Allen invests in Cnet Vulcan gets C/NET, The Financial Post (Toronto, Canada), November 4, 1994, Friday,, DAILY EDITION, Section: SECTION 1, NEWS; Pg. 47, Business Briefs; CORRECTION Bill Gates touts information future at Comdex https://youtu.be/7fJWMsgxzvA?si=VzEkgqkFwbDHUzRz Microsoft chief sees new era in computing, St. Petersburg Times (Florida), November 21, 1994, Monday, City Edition, Times Publishing Company, Section: BUSINESS; TECHNOLOGY; TECH TALK; Pg. 8; DIGEST, Byline: DAVE GUSSOW Publishing Pearson Buys Future PEARSON ACQUIRES FUTURE PUBLISHING, M2 PRESSWIRE, November 28, 1994 Street Fighter the RPG Play Meter November 1994, pg. 170 Fighter History suit settled Computer game makers settle copyright dispute, Japan Economic Newswire, NOVEMBER 1, 1994, TUESDAY https://en.wikipedia.org/wiki/Data_East_USA,_Inc._v._Epyx,_Inc. https://en.wikipedia.org/wiki/Capcom_U.S.A._Inc._v._Data_East_Corp. Nintendo wins again NINTENDO WINS THIRD SUMMARY JUDGMENT THIS YEAR IN PATENT INFRINGEMENT CASE, PR Newswire, November 30, 1994, Wednesday - 14:45 Eastern Time, Section: Financial News GATT changes coming BAN ON CD, GAMES HIRE, The Sydney Morning Herald, November 20, 1994 Sunday, Late Edition, Section: BUSINESS; Pg. 58, Byline: BRUCE JONES VOTES IN FAVOR OF GATT, Congressional Press Releases, November 29, 1994, Tuesday, Section: PRESS RELEASE, Byline: STEPHEN HORN https://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Trade US Government to fund Software Protection Efforts in China Business Report ON TECHNOLOGY China shines as new market, The Atlanta Journal and Constitution, November 2, 1994, Wednesday, Section: BUSINESS; Section G; Page 2, Byline: By Bill Husted Cyber crime booming Crimes of the 'Net', Newsweek, November 14, 1994 , UNITED STATES EDITION, Section: BUSINESS; Software; Pg. 46 Internet Cafe profiled Are You Ready For The Future?, The Sunday Times (London), November 20, 1994, Sunday, Section: Features, Byline: Christopher Lloyd Hate moves online Report Assesses Extremist Groups in Europe, Associated Press Worldstream, November 15, 1994; Tuesday 10:34 Eastern Time, Section: International news, Byline: MARILYN AUGUST Cybermania 94 awards Interactivities, Playback, November 07, 1994, Section: Pg.9, Byline: Pamela David Lego awards video game resistance Lego awards annual prize for services to children, Agence France Presse -- English, November 15, 1994 11:14 Eastern Time, Section: International news CNN visits Brittannia Manor Haunted House Owner Goes All Out to Create Hell at Home, CNN NEWS 3:14 am ET, November 1, 1994 VR goes Dental "https://vrarwiki.com/wiki/Virtual_i-O_i-glasses! Dentist's drill or a 3D thrill The Age (Melbourne, Australia), November 8, 1994 Tuesday, Late Edition, Section: COMPUTERS; Pg. 50, Byline: Alan Sayre" Casio debuts digital camera New still camera puts your memories on silicon chips, The Vancouver Sun (British Columbia), November 17, 1994, Thursday, FINAL EDITION, Section: BUSINESS; Pg. D4 Interview with game translator PC Joker, pg. 61 William A. Higinbotham has passed William A. Higinbotham, 84; Helped Build First Atomic Bomb, The New York Times, November 15, 1994, Tuesday, Late Edition - Final, Distribution: National Desk , Section: Section D; ; Section D; Page 29; Column 5; National Desk ; Column 5; ; Obituary (Obit); Biography, Byline: William A. Higinbotham https://en.wikipedia.org/wiki/William_Higinbotham https://archive.org/details/sim_creative-computing_1982-10_8_10/page/190/mode/1up Recommended Links: The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ Gaming Alexandria: https://www.gamingalexandria.com/wp/ They Create Worlds: https://tcwpodcast.podbean.com/ Digital Antiquarian: https://www.filfre.net/ The Arcade Blogger: https://arcadeblogger.com/ Retro Asylum: http://retroasylum.com/category/all-posts/ Retro Game Squad: http://retrogamesquad.libsyn.com/ Playthrough Podcast: https://playthroughpod.com/ Retromags.com: https://www.retromags.com/ Games That Weren't - https://www.gamesthatwerent.com/ Sound Effects by Ethan Johnson of History of How We Play. Copyright Karl Kuras
Jeffrey Epstein's infamous Palm Beach mansion—where many of his alleged crimes took place—was ultimately sold off and demolished after years of controversy and legal battles tied to his estate. After Epstein's death, real estate developer Todd Michael Glaser bought the property, razed the existing house, and put the empty waterfront lot back on the market. That parcel, with about 170 feet of Intracoastal Waterway frontage, was then purchased by venture capitalist David Skok, a partner at Matrix Partners, for nearly $26 million—significantly more than what the developer paid. Skok acquired the land after the original structure was removed, turning a place associated with trauma and public outrage into a blank slate.While specific public plans for the property under its new owner haven't been fully detailed, the change in ownership and demolition itself signal a deliberate shift in vision: to erase the physical remnants of a site tied to abuse and transform the parcel into something entirely new. Initially, Glaser had hoped to build a large modern estate, but architectural board pushback led him to sell the lot instead. With Skok now in control, the focus appears to be on redevelopment rather than preservation of the notorious structure, marking a controversial but clear departure from the mansion's dark past.to contact me:bobbycapucci@protonmail.com
Jeffrey Epstein's infamous Palm Beach mansion—where many of his alleged crimes took place—was ultimately sold off and demolished after years of controversy and legal battles tied to his estate. After Epstein's death, real estate developer Todd Michael Glaser bought the property, razed the existing house, and put the empty waterfront lot back on the market. That parcel, with about 170 feet of Intracoastal Waterway frontage, was then purchased by venture capitalist David Skok, a partner at Matrix Partners, for nearly $26 million—significantly more than what the developer paid. Skok acquired the land after the original structure was removed, turning a place associated with trauma and public outrage into a blank slate.While specific public plans for the property under its new owner haven't been fully detailed, the change in ownership and demolition itself signal a deliberate shift in vision: to erase the physical remnants of a site tied to abuse and transform the parcel into something entirely new. Initially, Glaser had hoped to build a large modern estate, but architectural board pushback led him to sell the lot instead. With Skok now in control, the focus appears to be on redevelopment rather than preservation of the notorious structure, marking a controversial but clear departure from the mansion's dark past.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
In this episode of Fintech Layer Cake, host Reggie Young speaks with Matt Brown, early-stage investor at Matrix Partners and former product leader at Afterpay.Matt dives into the evolving landscape of vertical SaaS, why embedded fintech still has massive untapped potential, and how PE and VC are converging to create new opportunities. He also shares lessons from founding Bonsai, including counterintuitive insights about customer feedback and learning rate. They cover founder-investor dynamics, the future of BNPL, and Matt's writing process behind his popular “X topic in 1,000 words” series.If you're building in fintech, SaaS, or just want to understand the deeper trends shaping both, this is a must-listen.
How do you disrupt an entire industry and transform customer experience? Together with his team, TJ Parker, Co-Founder and former CEO of PillPack, did just that.During our conversation, TJ shares the journey of building PillPack, from their early vision and startup team, to navigating through extremely tense dynamics with very large incumbents, to ultimately selling PillPack to Amazon, and continuing to build for a much bigger market. He reflects on the biggest lessons learned, and also the most critical decisions that shaped the company's success.It was a treat to have TJ's big brother, Dan Parker, in the audience. When it came time for QA, Dan helpfully asked what percentage of college classes TJ actually attended.We also dive into the power of community, the importance of work ethic, and what's next for TJ in his new(er) role as an investor at Matrix Partners.Please like, rate, subscribe, or review our show if you've liked what you've heard! We'd love to hear your thoughts. If you're interested in joining our community, please visit www.breakline.org. If you're interested in exploring partnerships with BreakLine, please visit https://breakline.org/partners/partner-signup/.
Sean (Xiang) Ren, CEO and Co-Founder of Sahara AISean is the CEO and Co-Founder of Sahara AI, a decentralized AI blockchain platform for a collaborative economy. Backed by top investors in AI and Crypto, including Binance Labs, Pantera Capital, Polychain Capital, Sequoia Capital, Samsung Next, Matrix Partners, and many more, Sahara AI has raised over $40 million to advance decentralized AI. Today, Sahara AI is trusted by 35+ leading tech innovators and research institutions, such as Microsoft, Amazon, MIT, Character AI, and Snapchat. Additionally, Sean is an Associate Professor in Computer Science and the Andrew and Erna Viterbi Early Career Chair at the University of Southern California, where he is the Principal Investigator (PI) of the Intelligence and Knowledge Discovery (INK) Research Lab. At Allen Institute for AI, Sean contributes to machine common sense research. Prior, Sean was a Data Science Advisor at Snapchat. He completed his PhD in computer science from the University of Illinois Urbana-Champaign and was a postdoctoral researcher at Stanford University. Sean has received many awards recognizing his research and innovation in the AI space including the WSDM Test of Time Paper Award, Samsung AI Researcher of 2023, MIT TR Innovators Under 35, Forbes 30 Under 30, and more. Personal Site: https://www.seanre.com/ Twitter: @xiangrenNLP LinkedIn: https://www.linkedin.com/in/xren7
Sean (Xiang) Ren, CEO and Co-Founder of Sahara AISean is the CEO and Co-Founder of Sahara AI, a decentralized AI blockchain platform for a collaborative economy. Backed by top investors in AI and Crypto, including Binance Labs, Pantera Capital, Polychain Capital, Sequoia Capital, Samsung Next, Matrix Partners, and many more, Sahara AI has raised over $40 million to advance decentralized AI. Today, Sahara AI is trusted by 35+ leading tech innovators and research institutions, such as Microsoft, Amazon, MIT, Character AI, and Snapchat. Additionally, Sean is an Associate Professor in Computer Science and the Andrew and Erna Viterbi Early Career Chair at the University of Southern California, where he is the Principal Investigator (PI) of the Intelligence and Knowledge Discovery (INK) Research Lab. At Allen Institute for AI, Sean contributes to machine common sense research. Prior, Sean was a Data Science Advisor at Snapchat. He completed his PhD in computer science from the University of Illinois Urbana-Champaign and was a postdoctoral researcher at Stanford University. Sean has received many awards recognizing his research and innovation in the AI space including the WSDM Test of Time Paper Award, Samsung AI Researcher of 2023, MIT TR Innovators Under 35, Forbes 30 Under 30, and more. Personal Site: https://www.seanre.com/ Twitter: @xiangrenNLP LinkedIn: https://www.linkedin.com/in/xren7
Sean Ren is the CEO and Co-Founder of Sahara AI, a decentralized blockchain platform built for AI. Backed by top investors in AI and Crypto, including Pantera Capital, Polychain Capital, Sequoia Capital, Samsung, Matrix Partners, and many more, Sahara AI has raised over $40 million to advance decentralized AI. Today, Sahara AI is trusted by 35+ leading tech innovators and research institutions, such as Microsoft, Amazon, MIT, Character AI, and Snapchat.In this conversation, we discuss:- The Future of AI and Crypto- Knowledge Agents (KAs)- Complexities of Data Collection- Operational Hurdles- Ethical Considerations- AI Across Leading Institutions- Generative AI- Autonomous Systems- DeepSeek Open Source AI- The Issue of Copyright in AI- AI-based Revenue Streams and MarketplacesSahara AIWebsite: saharalabs.aiX: @SaharaLabsAILinkedIn: Sahara AISean RenX: @xiangrenNLPLinkedIn: Sean (Xiang) Ren --------------------------------------------------------------------------------- This episode is brought to you by PrimeXBT. PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers. PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50
Aakash Kumar is a Managing Director at Z47 & DeVC. Aakash likes to partner with founders in that early stage to enable them to generate maximum momentum. In the past, as an active angel investor, he has enabled 100+ founders to start and build compelling businesses. In this episode, we talk about - - Aakash's operator experience at companies like Housing(dot)com & Hotstar - The investment thesis at Z47 - Why did they rebrand from Matrix Partners to Z47? - The thinking behind investing in companies like Ola Electric, Razorpay, OfBusiness in the early stages? - The massive India opportunity - Common mistakes founders make in the early stages of the business & lots more Links: ⭐Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com Z47 - https://www.z47.com/ DeVC - https://www.devc.com/ Follow Aakash on LinkedIn - https://www.linkedin.com/in/kumaraakash Follow Aakash on X - https://x.com/RTinkslinger
Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, September 16, 2024. My name is Nelson John. Let's get started.India's antitrust watchdog, the Competition Commission of India, just made it easier for companies to get their hands on up to 25% of another company's shares without asking for permission first. This tweak in the merger and acquisition rules is a big deal, especially for those looking at hostile takeovers. Before, you'd have to pause and get a nod from the CCI before buying shares off the market, which wasn't exactly speedy. Now, as long as you're not trying to take control right away, you can go ahead without waiting on that green light. This change means businesses can move faster during the initial buying phases without getting tangled up in red tape, Gireesh Chandra Prasad reports. It's all part of a bigger push to cut down on the hassle and make doing business a bit smoother in India.In India, where tradition meets tech, there's a rising star sector: faith-tech. It's catching the eye of big-time investors like PeakXV Partners, Blume Ventures, and Matrix Partners. Just recently, AppsForBharat bagged $18 million in a round led by Fundamentum, highlighting the surge in interest. This year alone, the faith-tech sector saw its funding leap to more than $50 million from just $4.3 million last year. This booming sector offers everything from virtual pilgrimages to digital pooja bookings and astrological services, targeting both young Indians and the global diaspora craving a slice of home. However, the sector is not without its challenges. The seasonal nature of religious activities and the necessity to establish trusted partnerships with religious institutions are hurdles these companies continue to navigate. Samiksha Goel takes a deep dive into a sector which is possibly unique to India and has carved a niche for itself.Family businesses are usually well-oiled machines, as there is a clear hierarchy and established workflows. But when it comes to succession, things get murky. That's exactly what happened with Bharat Forge and its promoter family. A dispute between the managing director Baba Kalyani and his sister Sugandha Hiremath ended up in court after the brother refused to transfer shares to another pharma company. Now, a new court affidavit has come to light that might rule the verdict in favour of Sugandha. Priyanka Gawande and Anirudh Laskar report that this affidavit goes against the claims made by Baba Kalyani, who has allegedly diverted significant assets away from his father. The Reserve Bank of India has been cautioning the Indian banking industry about the ever-growing amount of loans being disbursed. Finally, the banks are listening: the gap between the credit and deposits is finally narrowing, reports Shayan Ghosh. RBI now wants banks to get innovative in its ways to hold more deposits. It has also come down hard on unsecured loans, fearing a fracture in India's vast financial systems. Crude oil prices have been crashing, and currently cost around 70 to 75 US dollars. Naturally, expectations of a cut in the price of petrol and diesel have risen. These rates were last revised prior to the general election. Sumant Banerji explains why crude prices have fallen, the various factors involved in making such a decision, and how likely a price cut is. That's all for today. Thank you for listening. We're eagerly looking forward to our next Top of the Morning episode, which will be packed with fresh business news. Until then, have a great day!CCI greenlights secondary share purchases, opens the door for hostile takeoversBigger than food delivery? Investors rush to bless faith-tech startupsKalyani family feud could take a fresh turn as a crucial will surfacesCredit, deposit rates converging on the back of RBI cautionGlobal crude prices at 3-year low. Will petrol prices see a cut?
Great news - Season 6 Episode 146 Pulse of AI Podcast is live! Luma AI's founding team member Sam Sinha joins podcast host Jason Stoughton to talk about Luma AI's growth from a team of 5 to the juggernaut behind the Dream Machine video creativity tool, the essence and future of creativity in an AI powered and co-piloted world, the types of people they are looking to hire and so much more! To be notified about future conversations with the leaders of the AI revolution sign up for our newsletter at www.thepulseofai.com
Chris Feng is a co-founder and COO of Chainbase, the world's largest omnichain data network designed to integrate all blockchain data into a unified ecosystem. Chainbase is building a decentralized data economy with advanced AI capabilities where anyone can participate, contribute, and be incentivized. Why you should listen Chris Feng, co-founder and COO of Chainbase, discusses the importance of data in the blockchain era and the role of Chainbase as a data protocol. He explains that Chainbase aims to create a new data stack for the next generation of blockchain, where all data is interconnected and accessible. The Chainbase mission is to become developers' interface for interacting with on-chain data, offering reliability, accuracy, and openness. Currently, Chainbase attracts over 15,000 developers and 8,000 project partners, managing over 500 billion data calls within the network. Now growing beyond Series A funding, they are backed by prominent funds including Tencent Investment Group, Matrix Partners, Hash Global, Folius Ventures, JSquare, DFG, Mask Network, Bonfire Union Ventures, and BODL Ventures. Chris highlights the key use cases of Chainbase, including providing real-time on-chain data, offering a comprehensive structure for developers, and enabling easier interaction with on-chain data for end users. Supporting links Stabull Finance Chainbase Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Chief Operating Officer of Matrix Partners Kristy Boulos answers the question, "What is the importance of conducting market research throughout the branding process?"
Matrix Partners renames Chinese unit to stress its independence, Russia detour hinders revival of European carriers' China flights. Subscribe to a bundle deal now to unlock all coverage by Caixin Global and The Wall Street Journal for only $200 a year. That's a 66% discount. Group access and applicable discounts are available. Contact us for a customized plan.
In this Episode, I speak with the Co-Founder of Dezerv (AUM of INR 5000 CR) - Sandeep Jethwani. Dezerv is a technology-enabled wealth management Fintech Startup, which has been backed by prolific institutional funds such as Matrix Partners, Elevation, Accel in India and others. We uncover a bunch of interesting aspects about the wealth management business and how Dezerv is being built. Tune in for a fascinating conversation. 00:00 - Recap 00:35 - Introduction 01:52 - Should Founders start for Money? 04:05 - How Dezerv manages wealth? 07:59 - Traditional vs New-Age Wealth Management 09:55 - Scale to 5000 Cr 13:30 - CACs & Margins in this Wealth Management 16:50 - Switching Cost for Clients 19:10 - Business Model for Dezerv 22:17 - Trust 25:55 - Tactical Learnings for Trust 28:09 - Founder Led Content 33:20 - Regulations & Market Cycles in Fintech 37:25 - How does India invest its Wealth? 41:40 - The Operations behind the Scenes at Dezerv 44:25 - Talent at Dezerv 46:45 - Leadership Talent 48:10 - Culture at Dezerv 52:18 - Storytelling 53:25 - Prioritisation for Sandeep and How it has evolved 57:50 - Founder Market Fit 1:01:50 - Mistakes 1:04:30 - Thoughts Before Starting Dezerv 1:09:51 - How should Operators think about building a company? 1:12:05 - How would friends define Sandeep? 1:12:40 - Core Insight 1:14:30 - What does Wealth mean for Sandeep? 1:16:12 - What matters to Sandeep and Why? 1:17:22 - Core Learnings in Wealth Management Cheers!
Razorpay, a leading fintech name in India, providing a payments platform and banking-as-a-service software to some 10 million businesses, in the country, yesterday elevated Rahul Kothari to the position of chief operating officer for India and Malaysia. Kothari was previously chief business officer at the company. He will report to founder and CEO Harshil Mathur, the Bengaluru company said in a press release yesterday. This appointment sharpens Razorpay's focus on the Southeast Asia region, where it's looking to expand. The company also aims to implement a deeper integrated strategy to step up growth by improving customer experience across its different lines of business and products. In January, I wrote that Razorpay was at an inflexion point. About a month before that Shashank Kumar, the other founder, and Murali Brahmadesam had spoken about sustaining the culture of engineering at the company as it became bigger. Brahmadesam came in from AWS, earlier last year, and he'd taken on the CTO's role from Kumar, who was looking to free himself up from day-to-day engineering to focus on products strategy. The company has about 1,000 engineers among its 3,500 staff, or “Razors” as they're called internally, including several senior engineering leaders. Kumar had talked about how over the next five years, Razorpay would seek “tremendous scale.” And imports such as Brahmadesam will be playing a critical role on the engineering front. Razorpay is stepping up its expansion into a broader financial services platform, from its flagship payments business—it accounts for most of its revenues and is making money on a standalone basis—to facilitating loans, and banking software. The company is expected to go deeper into the emerging hot area of ‘banking as a service,' which accounting giant Deloitte defines as provisioning of banking products and services through third-party distributors. This opens up the possibility that a large number of new niche finance startups can partner large, established banks and financial services companies, and help each other tap a significantly larger market than they could individually. Razorpay could emerge as a facilitator of this growth, and benefit from it. To throw the story forward, while Razorpay has made a name for itself in India, “We want to see how we can create a global engineering brand while we are working out of Bengaluru and India,” Kumar had told me a year ago. Organizational changes such Kothari's appointment are important incremental steps in that direction on the business front. Kothari has a degree in chemical engineering from IIT Kanpur, and an MBA from Indian School of Business. Over the last 20 years or so, he's worked in the US, Europe and Australia. Currently based in Pune, he's into his fifth year with Razorpay. Previously, Kothari played a critical role in making the payments business profitable at PayU, according to Razorpay's press release. He's also worked at security software company Symantec, BPO company WNS, and Boston Consulting Group. Next year, Razorpay will be 10 years old. Technically, it was started in 2013 in Jaipur, but Mathur and Kumar, alumni of IIT Roorkee, moved base to Bengaluru quickly, and the company is widely considered to be founded in 2014. They were one of the first Indian startup founders to be part Y Combinator. Investors including Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Peak XV Partners (formerly Sequoia Capital India), Ribbit Capital, Matrix Partners, and Salesforce Ventures have invested a total of $741.5 million in the company in six rounds of funding. In December 2021, the company was privately valued at $7.5 billion, making it one of India's most valued startups. The company reported close to Rs. 1,500 crore in FY22 revenues, a 75 percent growth over the previous fiscal, and it was profitable on a standalone basis, for the flagship payments business.
Maex Ament is a founder and partner of Crane Earth. In conversation with Matthew Monahan. Watch this episode on video: https://youtu.be/lzZOz9tGIy4 Crane Earth: https://craneearth.vc/ Maex's website: https://maex.us/ THE REGENERATION WILL BE FUNDED Ma Earth Website: https://maearth.com YouTube: https://www.youtube.com/@maearthmedia Community Discord: https://maearth.com/community Podcast Feed: https://feed.podbean.com/theregeneration/feed.xml EPISODE RESOURCES Centrifuge: https://centrifuge.io/ Toucan Protocol: https://toucan.earth/ Flow Carbon: https://www.flowcarbon.com/ Open Forest Protocol: https://www.openforestprotocol.org/ FENCE: https://fence.finance/ Matrix Partners: https://matrix.vc/ RELATED INTERVIEWS Philip Stehlik (Crane Earth): https://youtu.be/dUXerT7xiNo This interview took place during ReFi Summit 2023: https://refisummit.org SOCIAL Farcaster: https://warpcast.com/maearth X / Twitter: https://twitter.com/maearthmedia Lenstube: https://lenstube.xyz/channel/maearth.lens Instagram: https://www.instagram.com/maearthmedia/ Mirror: https://mirror.xyz/maearth.eth LinkedIn: https://www.linkedin.com/company/maearth/ Lenster: https://lenster.xyz/u/maearth Facebook: https://www.facebook.com/maearthcommunity TikTok: https://www.tiktok.com/@maearthmedia
In today's episode we take a quick look at Zoho's latest milestone, with the Indian SaaS leader crossing 100 million users, but first a few headlines. Headlines HeromotoCorp will invest up to Rs. 550 crore in a rights issue of Ather Energy Private Limited, the Indian two-wheeler giant told stock exchanges on Sep. 4 in a statement. Atomicwork, a cloud software provider of productivity software, has raised $11 million in seed funding led by Blume Ventures and Matrix Partners, TechCrunch reports. Richard Lobo, an executive vice president and former head of human resources at Infosys, has resigned, marking the latest in a series of top-level exits at the company, Moneycontrol reports. One thing today Zoho, India's biggest cloud software company, has surpassed 100 million, the Chennai-to-California company said in a press release. Zoho says it is the first bootstrapped SaaS company to reach this milestone. Last year the company hit $1 billion in revenues, and Zoho is one of a handful of SaaS companies in India that are profitable. Started more than 25 years ago, the company's growth over the last 15 years, with the rise of the cloud computing model, has taken it from 1 million users in 2008 to 100 million today. The latest 50 million users were added within the past five years. And the company sells more than 55 products to over 700,000 businesses in some 150 countries, according to its press release. “We are not done yet,” co-founder and CEO Sridhar Vembu said in the release. The company has an innovation pipeline covering the next 10 years and it is investing in deep technologies to serve billions of users around the world, he said. Zoho defines midmarket customers as companies with 250 employees each and those with a thousand or more workers as classic enterprise, or the upmarket segment. India shows a significant presence of enterprise customers adopting Zoho, CMO Praval Singh had said in an interview with Forbes India in June this year. In the SaaS business, larger customers mean more users and increased complexity, resulting in higher revenue per customer. The upmarket segment contributes over half of Zoho's business in India, and a third of its entire business. As its products matured, larger businesses adopted its solutions. This led Zoho to establish dedicated teams with expertise in serving large companies. “We also developed an interoperable ecosystem, enabling easy integration with third-party applications through APIs, connectors, and partnerships,” Praval said in that interview. To cater to larger enterprises, the company launched the Zoho Marketplace, which has more than 1,800 extensions and garners 30,000 monthly installations. In 2018, Zoho introduced an enterprise business solutions team as trusted partners, offering assistance in digital transformation projects, from consulting to implementation and training. Zoho has focused on helping large enterprises streamline and optimise their technology stacks, addressing challenges such as integration, data silos, scalability, and flexibility. By helping customers overcome these obstacles, Zoho has played a meaningful role in supporting their growth and progress over the years, Praval says. India is one of the fastest-growing markets for Zoho, where the company has witnessed three year compounded annual growth of 65 percent in its upmarket segment. Customers in India include IIFL, Bigbasket and Tata Play Fiber. Zoho's upmarket growth in India is led by sectors such as banking, financial services and insurance (BFSI), manufacturing, retail, fast-moving consumer goods (FMCG), pharmaceuticals, and IT. The company has collaborated with government departments and public sector units (PSUs) to support their digitalisation efforts and contribute to the modernisation of the public sector.
In the latest episode of Matrix Moments, Sudipto Sannigrahi, and Anurag Srivastava, delve deeper into the existing B2B landscape and cover why Matrix Partners continues to be bullish on the segment and the fundamentals that make a good B2B business This episode covers: 1. Is B2B still an attractive segment to build in 2. Fundamentals of a good B2B business 3. Sustainable, defensible moats in a good B2B business 4. Pitfalls for B2B founders to be aware of in their 10 – infinity journey 5. Importance of good corporate governance Traditionally centered on distribution, B2B investments are now shifting toward core IP-led manufacturing. We consider ourselves fortunate to witness the inner workings of a diverse range of B2B businesses, spanning from well-established companies like OfBusiness, FarMart, Captain Fresh, and VEGROW to upcoming innovative product companies like ZippMat, XIMKART, and bijnis among others.
Welcome to #112th episode of The Startup Operator Roundup. The Roundup is our weekly views on the news from the Indian Startup Ecosystem. Connect with Us: Linkedin: https://www.linkedin.com/company/startup-operatorTwitter: https://twitter.com/OperatorStartup In this episode Roshan and Gunjan discuss:00:00 Introduction02:32 Digital India Act - AI Regulation06:30 Ola Electric IPO09:47 Mining startup summit 12:50 Matrix Partners' 4th fund16:30 Other FRAs17:00 Talk of the Town 17:53 Closing comments If you liked this episode, let us know by hitting the like button and share with your friends and family. Please also remember to subscribe to our channel and switch on the notifications to never miss an episode!
This Week Meet Shivam Ginglani, Founder of Woodsmen Whisky. A whisky brand looking to disrupt the legacy players in spirits. Will he impress the equity seekers Shantanu Deshpande (CEO & Founder, Bombay Shaving Company) and Rahul Chaudhary (Founder, Treebo Hotels and Venture Partner at Matrix Partners)? _____________________________________________________ 00:00:00 - 00:01:15 Coming UP 00:01:15 - 00:03:17 Introduction to the Equity Seekers 00:03:17 - 00:06:46 How Shivam's Naivety Got Him Into The Spirits Industry 00:06:46 - 00:13:09 Understanding India's Alcohol Market & Consumption 00:13:09 - 00:15:18 Woodsmen has set out to do something different 00:15:18 - 00:20:09 Breaking down the Whiskey Market 00:20:09 - 00:22:42 Can one parent company sell products across price points? 00:22:42 - 00:26:28 Value Proposition for an Aspirational Brand 00:26:28 - 00:30:00 A typical whiskey journey for a consumer 00:30:00 - 00:33:20 Aspirational V/s Utility: What does whiskey invoke? 00:33:20 - 00:35:35 The psychology of drinking alone and signalling? 00:35:35 - 00:37:11 Why should good design & quality cost more? 00:37:11 - 00:45:00 Taste Testing Woodsmen 00:45:00 - 00:48:00 The Wine Experience v/s Whiskey's easy consumption 00:48:00 - 00:49:09 Reason Behind Choosing a simple value proposition 00:49:09 - 00:51:00 Packaging and its psychology 00:51:00 - 00:59:35 Tenets of Woodsmen's Branding & India's Missing Whiskey Identity 00:59:35 - 01:03:28 Understanding The Revenue and Margins 01:03:28 - 01:06:50 The challenges of alcohol distribution 01:06:50 - 01:08:27 Shivam's personal Superpower 01:08:27 - 01: 13:24 Projections, Gross Margins and Investment Ask 01:13:24 - 01:20:49 Strategic Timeout 01:20:49 - 01:23:53 What The Equity Seekers Love About The Business 01:23:53 - 01:25:32 The Concerns About The Business 01:25:32 - 01:27:00 Rahul's Take on Woodsmen and The need For A Wider Unique Proposition 01:27:00 - 01:28:00 The Barbershop Offer 01:28:00 - 01:31:44 Shivam's Appreciation of TBWS, His Response and final thoughts _____________________________________________________ ABOUT OUR CHANNEL My name is Shantanu and I am the founder of Bombay Shaving Company and Bombae. I LOVE entrepreneurship. Personally, I would rate myself as an average (at best) entrepreneur, but I love great ones. The BarberShop with Shantanu S2: Raiser's Edge goes beyond our conversations from S1 on our podcast to tangible help. With the help of our sponsors at BSC and Bombae we have put together a season which brings together a corpus of 50+ equity seekers looking to support 20+ start-ups in their growth and success. We will be releasing an episode every Friday at 9 pm. Tune in and hope you enjoy. :) _____________________________________________________
The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC
Nitin Jain is a well-known name in the Indian startup ecosystem as the co-founder and Chief Business Officer of OfBusiness, a tech-enabled platform that provides raw material procurement and credit solutions to small and medium enterprises (SMEs) in India. With a strong background in structured solutions trading, Nitin has played a key role in OfBusiness' success, helping the company raise over $875M from top investors like Tiger Global, SoftBank Vision Fund, and Matrix Partners, among others. Today, OfBusiness is valued at around $5B and has become a leading player in the Indian SME ecosystem. Nitin Jain is an alumnus of the prestigious Indian Institute of Technology, Delhi, and has had a successful career prior to his entrepreneurial journey. Episode Notes: Nitin Jain discusses his journey into entrepreneurship (2:10) Discovering Co-Founders and Creating the OfBusiness Idea (3:55) Nitin Jain shares his perspective on what's more critical: the team or the idea (6:30) The Early Days of OfBusiness: A Look Back at the "Aha Moment" (9:15) Coping with the Struggles and Insecurities of Being a Founder (12:30) Understanding the Composition of Winning Founding Teams (16:30) Nitin Jain's Unique Leadership Style and Approach (23:10) Fostering a People-First Culture at OfBusiness (27:10) Developing a Strong Company Culture as Companies Grow (29:18) How to Maximize the Benefits of Your Investors (32:22) Overcoming the Toughest Days as a Founder (39:20) Nitin Jain's Biggest Lesson as an Entrepreneur (41:57) Advice to His Younger Self: What Nitin Jain Would Have Done Differently (46:03) . . . Social Links: OfBusiness on Twitter: https://twitter.com/ofbusiness_com Abhishek Goyal on Twitter: https://twitter.com/njain351 Podcast on Twitter: https://twitter.com/thedesi_vc Akash Bhat on Twitter: https://twitter.com/bhatvakash Podcast on Instagram: https://instagram.com/thedesivc Akash Bhat on Instagram: https://instagram.com/bhatvakash
Matt Brown is a venture capitalist and Partner at Matrix Partners. Matt is a founder and operator turned investor, having started two software companies, both backed by Matrix, and then led product for AfterPay in the US in the lead-up to its acquisition by Square, now Block. Matt's second company, Bonsai, is a vertical SaaS company for micro businesses which evolved from a pure software company into a fintech through the incorporation of financial products, before embedded finance was a household term. Matt is strategic and thoughtful, writing regularly on fintech market dynamics, with a specific focus on payments, credit and vertical SaaS. In this conversation, we discuss Matt's approach to seed and A-stage investing, BNPL and the implications for digital commerce more broadly, Matt's analysis of payments market dynamics, opportunities for early-stage fintechs in an increasingly saturated market and more. Thank you very much for joining us today. Please welcome, Matt Brown.
DrinksWithAVC swings into the new year spotlighting Anoushka Vaswani of Lightspeed Venture Partners, the 'OG of PLG'. With accolades spanning from her lauded academic journey at Columbia and Harvard to shaping strategies at McKinsey and Matrix Partners, Anoushka brings a wealth of experience to the table. Settle in with your preferred vintage as she dissects her favorite SaaS metrics, discusses the impact of her global upbringing on investment perspectives, and debates the growth vs. profit paradigm for SaaS startups in economic downturns. A toast to insights and intellect in this much-anticipated return episode.Links:www.lsvp.comwww.twitter.com/anoushkavaswani
Sheila Lirio Marcelo sold her previous tech business for a cool $500 million in 2020, and has now embarked on a Web3 adventure as cofounder and CEO of learn and earn Web3 platform Proof of Learn. Sheila has had an incredible career so far, founding Care.com in 2006, starting as an online marketplace for childcare before offering senior care, pet care, housekeeping and more. Before starting Care.com she was VP of Product Management and Marketing at Upromise, a service that helped families save for college, and she was Entrepreneur in Residence at Matrix Partners. We talk about her mission to unlock accessible, high quality blockchain education, as well as women's perceived role as ‘Chief Household Officer' and how we can welcome more diversity in the Web3 space. LINKS: Sheila Lirio Marcelo on Twitter: https://twitter.com/smarcelo Proof of Learn on Twitter: https://twitter.com/proofoflearn Metacrafters on Twitter: https://twitter.com/metacraftersio Follow Women of Web3 for the latest job posts, learning resources and events: https://twitter.com/womenofweb3co Women of Web3 website: www.womenofweb3.co JOBS IN WEB3: Get a role in web3 on the Women of Web3 jobs board, or apply to be in our Talent Collective: www.womenofweb3.co/jobs CREDITS: Host: Lauren Ingram Producer: Alex Lane
Microsoft is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, the AI app that has gone ultra-viral, Semafor reported yesterday, citing people familiar with the matter. OneWeb yesterday confirmed the successful deployment of 40 satellites launched by SpaceX, taking it to a total of 542 low-earth-orbit satellites and a step closer to offering “global” connectivity. Also in this briefing, Infosys Foundation is seeking submissions for its Aarohan Social Innovation Awards 2023. Notes: Microsoft is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, the AI app that has gone ultra-viral, Semafor reported yesterday, citing people familiar with the matter. The funding, which would also include other venture firms, would value OpenAI at $29 billion, including the new investment, according to Semafor. OneWeb yesterday confirmed the successful deployment of 40 satellites launched by SpaceX from Cape Canaveral Space Force Station. This launch is OneWeb's 16th to date, with only two more launches remaining to complete its first-generation constellation for global connectivity in 2023, the company said in a press release. With 542 satellites now in orbit, OneWeb, backed by investors including India's Bharti Enterprises, has more than 80 percent of its first-generation constellation launched. ReNew Power, yesterday announced the installations of India's first-ever 3x platform Wind Turbine Generators in Gadag, Karnataka. The WTGs have what is called a “nameplate capacity” of 3.3-3.465 MW and are 128-140m in height. They offer significantly improved capacity over models installed in India to date, which typically have a nameplate capacity of 2-3 MW, the Nasdaq-listed company said in a press release. The new wind turbine generators will be a part of the country's first ‘Round The Clock' renewable energy project, combining wind, solar and a Battery Energy Storage System (BESS). This project will produce enough energy to power more than 1 million households in India annually, according to the release. Toddle, a teaching and learning platform provider for schools worldwide, has raised $17 million in Series A led by Sequoia Capital India. The round also saw participation from Tenacity Ventures and Trifecta Capital along with existing investors Matrix Partners, Beenext, and Better Capital, according to a press release. Infosys Foundation, the philanthropic and CSR arm of Infosys, yesterday announced the launch of the third edition of its Aarohan Social Innovation Awards. The Foundation is inviting innovators and social entrepreneurs from across the country to participate in the awards. The awards are open to individuals, teams and NGOs developing unique technology-based solutions that have the potential to bring about a significant difference to the underprivileged across India, at scale. The Infosys Foundation will commit up to Rs. 50 lakh per winner, with a total award purse of Rs. 2 crore. The Aarohan Social Innovation Awards 2023 will accept submissions in the categories of education, healthcare and women empowerment. The awards opened for submission yesterday, and the last date for submissions is March 12, 2023.
Connie & Alex talk tech news, and then Connie chats with Antonio Rodriguez of Matrix Partners about the firm's focus on software infrastructure and why it pays to bet early.
Notifications North Star, sponsored by Courier!Guest: Patrick Malatack is a partner at Matrix Partners, early stage investment firm. Prior to that, he spent 7 years at Twilio, leading product and launching messaging. He also spent 4 years at Microsoft, managing the MS Project program.Questions:What things did you build, or attempt to build, at Twilio around the messaging problem?Why does notifications as infrastructure make sense?Tell about your perspective on Notifications being a layer of user experience.What did you see in Troy based on your experiences, to indicate he gets it?How strongly do you advise your portfolio companies to use a solution like Courier?Linkshttps://matrixpartners.com/https://www.courier.com/Support this podcast at — https://redcircle.com/code-story/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
On this episode of the Traction podcast, host Lloyed Lobo of Boast.AI welcomes Patrick Malatack, Partner at Matrix Partners and Kyle Poyar, Partner at OpenView. Is the end of subscription pricing near? Research from OpenView states that companies with usage-based pricing grow 38% faster... Of the IPOs over the last three years, seven out of nine that had the best net dollar retention all have a usage-based model. Welcome to a new era of software buying, where customers pay for the value they receive from the products. Leveraging a successful career as VP of Product with the disruptive tech giant Twilio, Patrick shares inside knowledge for how startups can create long-term customer loyalty and profitability with usage-based pricing models. Specifically, Patrick and Kyle will dive into: 3:02 - The most attractive thing about usage based pricing 11:30 - Which businesses aren't right for usage based pricing 15:49 - How to advise companies on picking the right metric for usage based pricing 21:26 - Handling strategic operational and financial challenge 33:53 - Accommodating customer spending patterns 38:16 - How Patrick evaluates usage based companies as an investor 41:13 - When to flip the switch from usage based to subscription based 46:48 - Usage based metering and investments 50:37 - Managing conversations with investors who only care about MRR 57:15 - How to measure KPIs specifically for a usage based model Learn more at https://tractionconf.io Connect with Patrick Malatack: https://www.linkedin.com/in/patrickmalatack/ Learn more about Matrix Partners at https://matrixpartners.com/ Connect with Kyle Poyar: https://www.linkedin.com/in/kyle-poyar/ Kyle Poyar's (new) Substack, where he'll go deeper on topics like SaaS pricing - https://kylepoyar.substack.com Learn more about OpenView at https://openviewpartners.com/ This episode is brought to you by: Each year the U.S. and Canadian governments provide more than $20 billion in R&D tax credits and innovation incentives to fund businesses. But the application process is cumbersome, prone to costly audits, and receiving the money can take as long as 16 months. Boast automates this process, enabling companies to get more money faster without the paperwork and audit risk. We don't get paid until you do! Find out if you qualify today at https://Boast.AI. Launch Academy is one of the top global tech hubs for international entrepreneurs and a designated organization for Canada's Startup Visa. Since 2012, Launch has worked with more than 6,000 entrepreneurs from over 100 countries, of which 300 have grown their startups to seed and Series A stage and raised over $2 billion in funding. To learn more about Launch's programs or the Canadian Startup Visa, visit https://LaunchAcademy.ca Content Allies helps B2B companies build revenue-generating podcasts. We recommend them to any B2B company that is looking to launch or streamline its podcast production. Learn more at https://contentallies.com
Dray Alliance is a venture-backed startup that is focused on building a container trucking platform to deliver shipping containers from ports to warehouses. Its technology connects container shippers with a network of vetted truck drivers through a mobile app. By leveraging API integrations with the ports and data from the mobile app, Dray Alliance's platform allows container shippers to manage and track all container deliveries in a single web portal and make truckers more efficient. The company has raised a total of $55M in venture capital (Matrix Partners, Craft Ventures) and working capital financing, and is already working with over one hundred enterprise customers, delivering thousands of containers a month. Give it a listen and let us know what you think? Podcast Guest Steve Wen Co-founder and CEO Dray Alliance drayalliance.com Podcast Hosts Jeff Roster Twitter https://twitter.com/JeffPR LinkedIn https://www.linkedin.com/in/jeff-roster-bb51b8/ Website https://thisweekininnovation.com Brian Sathianathan Twitter https://twitter.com/BrianVision Website https://www.iterate.ai Podcast Website https://www.podbean.com/pu/pbblog-f8asf-af2782 https://thisweekininnovation.com Apple https://podcasts.apple.com/us/podcast/this-week-in-innovation/id1562068014 Spotify https://open.spotify.com/show/2QDqTUnt6jebdRHbRzSTJN LaunchPadOne https://www.launchpaddm.com/pd/This-Week-in-Innovation?showAllEpisodes=true Listen Notes https://lnns.co/2QPSfnizE5K #innovation, #innovation, #Startup, #Startups,#Retailers, #retail, #thisweekininnovation, #DigitalTransformation, #retailtechnology, #retailtech, #futureofretail , #retailtrends, #emergingtechnologies, #podcast, #retailpodcast, #VentureCapital, #VC, #Founders, #Entrepreneurs, #Gartner,#5ForcesOfInnovation, #ArtificialIntelligence , #AI, #cloud, #InternetOfThings, #IoT, #Blockchain, #computervision, #Robots, #dronedelivery, #lastmiledelivery, #lastmilelogistics, #lastmile,
In today's Episode of Figuring Out with Raj Shamani, we have Ayush Jaiswal. He is currently building Pesto.tech.Pesto is on a mission to turn global software engineering wages into a meritocracy, regardless of where someone is born. Today they are focusing on upskilling India's 5 million software engineers and pairing them with the world's top tech companies.They are backed by Matrix Partners, Ryan Hoover, Sahil Lavignia, Hiten Shah, Ankur Nagpal, and some others.Developers outside India can easily get a job with a salary of about $1000k, but this isn't the situation in India. Ayush explains why India is still lagging behind and what we can do to overcome this.He talks about top must-read books for entrepreneurs like Venture deals, Make Your Bed, etc.Bitcoin was developed to decentralize the power and provide an alternative payment system that would operate free of central control. Ayush shares his insights on this.To learn more about building a business, industries, and skills to focus on the future, watch the video till the end!Follow me and my content on other social media handles:Instagram: https://www.instagram.com/rajshamani/LinkedIn: https://www.linkedin.com/in/rajshamani/Twitter: https://twitter.com/rajshamaniFacebook: https://www.facebook.com/shamaniraj
Kojo Osei is a partner at Matrix Partners. A Little More On Kojo (from the Matrix website)I grew up in Accra, Ghana's commercial capital known for its bustling street markets. My mother was an entrepreneur who ran a small retail business. She was the first entrepreneur I worked with. From her, I learned that doing what you love leads to persistence and ultimately, success.In college, I fell in love with math and computer science. I was drawn to programming as a way to turn imagination into reality. I bought in fully to the promise of technology as a tool to solve hard problems. Espresso-fueled late-night coding sessions were common. That and squash round robins were the twin pillars of my college years.After college, I turned down a corporate job to join a startup called Sirona as the first employee and founding engineer. After building our initial product and early engineering team I took on the challenge of building out a product organization as Head of Product. At Sirona, we built managed cloud infrastructure and machine learning workflows for radiology clinics. Building critical infrastructure and innovating with our users every day was a highlight of my career.My startup experience at Sirona gave me a deep appreciation for the founder journey and influenced how I approach investing. I look for founders who radically challenge the status quo and have the self-awareness to chart a practical path to their vision.★ Support this podcast ★
On this founder journey, we speak to Rohit MA, co-founder and CEO of Cloudnine Hospitals. It is a chain of maternity hospitals that's spread across 9 cities and has 20+ hospitals. We speak to Rohit about his journey, how he raised capital for the business, how he scaled and the focus on customer experience. Join our No-Spam WhatsApp GroupHere's an episode outline: (03:39) - The Thesis behind starting a Speciality Maternity Hospital(10:05) - The Pros & Cons of having experience in the industry you start your business. (14:29) - The Business & Economics of running a hospital(22:24) - The Genesis of the idea of building a chain(30:24) - The Investment required to setup hospitals and how Cloudnine raised capital for it(43:21) - The Journey of Scaling Up & Building Processes (01:07:09) - Rohit's relationship with Money and how that's evolved Hello and Happy New Year! Hope 2022 is 100x better than 2021 for each one of us! At The Indian Dream, we're excited to bring you business content that's worth your time. And we're kicking off 2022 with an amazing founder! We have Rohit on the show today, the Co-Founder of Cloud Nine Hospitals. For those of you who don't know, Cloud Nine is a chain of Maternity hospitals. In fact, they were the pioneers of dedicated pregnancy hospital when they first launched in 2007. Since then, they've expanded to 9 cities and built more than 20 hospitals. Along the way, they've raised close to 500 Crores from investors like Matrix Partners, Sequoia, and True North!We speak to Rohit about how they came up with the idea to build a speciality hospital when Multi-speciality hospitals were the norm, the economics of a hospital, their customer focus and the innovations that have come out of that. Here's an example of one such innovation: If you've been a parent, you would know that back in the day, the cost of delivering a child through natural birth process vs a C-section were different with the latter being more expensive. This resulted in mis-aligned incentives where hospitals often pushed for C-Section, if when not needed, because they made more revenue. Cloudnine was the first hospital to standardize rates and improve the experience for the to-be parents. Just like this, they've done a bunch of innovations across the process of pregnancy as well as scaling operations. We talk to Rohit about his entire journey, inflection points and the learnings from building a large business in the healthcare industry!
On today's episode, Dana Stalder shares lessons on company building from his time as an early executive at Netscape, Ebay & Paypal. Dana is also a General Partner at Matrix Partners and shares the fintech investment themes he is most excited about.
Join us in The BreakLine Arena for an insightful conversation with Guy Guy, tech entrepreneur, innovator, and angel investor.Guy is the CEO and Co-Founder of Side, the only real estate brokerage that exclusively partners with top producing agents to create, grow, and power their businesses. Prior to Side, he founded 3 successful companies, including Kingmaker, Biz, and Kognitive. Guy is an advisor to companies like Vidyard, a YCombinator top 100 company. He also served as an Entrepreneur-in-Residence at Matrix Partners, one of the best venture capital tech funds in the world. Today, Guy is dedicated to transforming the best real estate agents into market-leading businesses. He believes that the future of real estate is local, boutique, specialized, and agent-owned.If you like what you've heard please like, subscribe, or rate The BreakLine Arena on your preferred streaming platform! We would also love to hear your thoughts, feedback, or recommendations on the content we are creating. Feel free to reach out to us at questions@break-line.com.To learn more about BreakLine Education visit us at breakline.org.
In today's episode we talk to Patrick Malatack, former VP of Product at Twilio and General Partner at Matrix Partners. Patrick started his career at Microsoft. He then joined Twilio as the second product hire and rose through the ranks to VP of Product. We discuss lessons from big tech that apply to startups and those that don't. We also talk about the importance of customer segmentation in the early days, why you sometimes have to say no to customers and why usage is more important than revenue for early-stage startups. Patrick shares lessons from his time at Twilio on product-led growth and some surprising tactics for creating a culture of customer obsession. You can find Patrick on Twitter @patrickmalatack.
In this Episode, I (@Jivraj Singh Sachar) speak with Shashank Kumar, Co-Founder of Razorpay. Razorpay is one of India's most successful FinTech Startups, providing a full-stack solution to businesses to accept, process and disburse payments. Founded in 2014 by Shashank Kumar & Harshil Mathur, Razorpay has come a long way in leading the financial services market in India and is backed by some of the most marquee investors across the globe including Y-Combinator, Matrix Partners, Sequoia Capita, Ribbit Capital, and Tiger Global Management. Through the Episode we discuss the following: 1. (1:57) : What does "Utilising your complete potential" mean? 2. (6:18) : What is the Importance of Market & How to deliberately go after Large Markets? 3. (12:43) : Early Days of building Conviction with Razorpay! 4. (16:45) : Shaping the Culture of Razorpay & building a long term Org 5. (19:45) : How do you find the right team members early on? 6. (22:51) : Maintaining the Principle of Staying Focused & Saying No! 7. (27:35) : "I do not trust an Entrepreneur who cannot tell a good story" ~ Why is storytelling important for Founders? 8. (32:58) : "What you do not know, you learn" ~ How can Founders leverage the skill of Learnability? 9. (37:14) : Building Networks ~ Creating Serendipity! 10. (41:19) : How has Shashank evolved from Leaving Microsoft, Starting Razorpay and building a 3Bn+ Org, which is only just getting started!? 11. (45:05) : Diving deeper into Shashank's love for Building! 12. (48:26) : Conclusion Here is the 64th Episode of the Indian Silicon Valley Podcast - Make Something People Want! That was it from this Episode, thanks again for tuning in! :) We're available on Instagram & Twitter. Feel free to drop in your feedback! Do not forget to Subscribe to our WhatsApp Newsletter. Do share the Episode with your friends if you liked the content :) I, Jivraj, am reachable on LinkedIn & Twitter! "If you never try, you never know" Stay Tuned, Keep Building.
About Tarun Davda:My next guest on The One Percent Project is Tarun Davda. He is the Managing Director of Matrix, India. Prior to joining Matrix, Tarun was the Co-founder, India CEO and Board Member at StepOut.com, a venture-backed startup. StepOut became India's #1 online dating site with over 5 Million users. Before that, Tarun established BigRock.com (incubated by the Directi group) - India's #1 provider of domain name registration and other web services. Tarun started his career at Infosys as an IT consultant. He has an MBA from the Indian School of Business (ISB), Hyderabad and an Engineer from VJTI, Bombay.Join our No-Spam WhatsApp groupIn this conversation he talks about:His journey building Matrix India, or rather, reviving and strengthening a brand that was established when venture capital was still in its infancy in the nation. He discusses the opportunities and problems that he confronted while also delivering relatable anecdotes making the conversation all the more captivating.His perspective on how to define disruptive ideas/pitches & highlights how the way venture capitalists think and analyse has changed over time. With a deeper understanding of the matter, he now believes that the most disruptive ideas are the ones that are easiest to dismiss, and that it is only right to hold onto them.How the Indian Founder has evolved over the last decade, and how the crowd has changed radically. Says it's one of the best things that's happened in the last decade; people are more prepared and aware, and Tarun thinks it's just going uphill from here.His thoughts on improvisation and innovation. He believes it is subjective to each individual's interpretation of the terms, but in his opinion, no two marketplaces are the same because innovation is always breaking grounds.What VCs look for in a pitch/ deck: Product, Team, and Market. He believes in a country like India, where everything appears to be a vast market on the surface; coursing through it just serves to highlight how narrow the market is in fact.He discusses the influence of Chinese investments on the progression of entrepreneurship in India. He stresses on how the Chinese have been able to open our minds to accommodate the nuances in the market place. This is because they are benefitted from hindsight and a better outlook on what has worked for the companies in their nations.Key Take-AwayEvery investment is a learning opportunity.The most disruptive ideas are the ones that are the easiest to dismiss.An entrepreneur that can change your predisposed view in one, single meeting is the one you need to back.Rapid Fire:The hardest thing about your job? the toughest one is to be proven wrong.One book or a blog that has influenced you personally and professionally?Super Forecasting and 5 AM ClubYour most favourite superhero?Spider-Man.Three ways to support the podcast:#1 Share the episode with family and friends on social media with #OnePercentProj using the share button on the site.#2 Take a few seconds to give us a rating on Apple Podcasts. This helps new folks find us organically. Rate#3 Leave a review if you feel inclined. We read every single message and love feedback. Review
Episode #46 of SlatorPod sees Florian and Esther welcome a very special guest and true linguist, 2M CEO Tea Dietterich joins the pod from Sunshine Coast in Australia.aStay tuned for our discussion with Tea on the language market in Australia: from the country's biggest translation clients in the private sector, and Cultural and Linguistic Diversity (CALD) communities to the emergence of remote interpreting, and everything in between.First off, Florian discusses Smartcat's Series B funding: the US-based language technology provider raised USD 14.6m earlier in the summer, led by Matrix Partners, continuing the run of investment in the core language technology space...Intento, Memsource, the list goes on; and there's now even a company advertising for investment.Esther talks about the promising earnings updates from language service providers Straker Translations in New Zealand, and Honyaku Center in Japan, and from LanguageLine's parent company, which said the interpreting unit was maintaining strong growth from June. She also shares the latest figures from the language industry job index, which climbed for a fourth consecutive month in November.
Fivetran, a startup that helps companies move data from disparate repositories to data warehouses, announced $44 million Series B financing today, less than a year after collecting a $15 million Series A round. Andreessen Horowitz (A16Z) led the round with participation from existing investors Matrix Partners and CEAS Investments. As part of the deal, Martin Casado from A16Z will join the Fivetran board.
Gene Berdichevsky is the CEO of Sila Nanotechnologies Inc. which is a chemicals and materials company making next-generation Li-ion battery materials. The company has raised $295 million from investors such as Bessemer Venture Partners, Matrix Partners, Sutter Hill Ventures, Next47, and 8VC. Prior to Sila, Gene was also employee number 7 at Tesla. In this episode you will learn: The essential ingredients for raising money Gene's top piece of advice for his younger self and new founders How to grow as a leader when your team is growing at 92% in two years His approach to solving strategic problems SUBSCRIBE ON: iTunesGoogle PlayStitcherTuneInRSSSoundCloudSpotify For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. .alg-cta-consulting { grid-template-columns: minmax(-webkit-min-content,-webkit-max-content) 1fr; grid-template-columns: minmax(min-content,max-content) 1fr;; } .post-719 .wp-block.alg-cta-consulting.book .title { font-size: 40px !important; margin-bottom: 30px; } .post-719 .wp-block.alg-cta-consulting.book .red { font-size: 24px; color: #ff5e00; font-weight: 600; } .post-719 .wp-block.alg-cta-consulting.book p.btn-w { margin: 20px 0; } .sumo-wrapper .sumo-form .btn.btn-wrr { background-color: rgb(0, 0, 0); font-family: "Montserrat", sans-serif; font-weight: 700; font-style: normal; font-size: 28px; line-height: 1.5; text-shadow: rgba(0, 0, 0, 0) 0px 0px 0px; padding: 15px 0px; margin: 25px 0 0; display: block; width: 100%; height: 100%; box-shadow: rgba(0, 0, 0, 0) 0px 0px 0px inset; cursor: pointer; color: #fff; letter-spacing: 0; border-radius: 0; } .sumo-form .wpcf7-form-control-wrap.email input { color: rgb(0, 0, 0); background-color: rgb(255, 255, 255); font-family: "Open Sans", sans-serif; font-weight: 400; font-style: normal; font-size: 25px; text-align: left; border-width: 1px; border-color: rgb(218, 218, 218); border-style: solid; border-radius: 4px; box-shadow: rgba(0, 0, 0, 0) 0px 0px 0px, rgba(0, 0, 0, 0) 0px 0px 0px inset; text-shadow: rgba(0, 0, 0, 0) 0px 0px 0px; padding: 0px 7px; margin: 0px; display: block; width: 100%; max-height: none; height: 64px; transition: none 0s ease 0s; } .sumo-form .wpcf7-form.init .wpcf7-form-control.wpcf7-submit { color: rgb(255, 255, 255); background-color: rgb(0, 0, 0); font-family: "Montserrat", sans-serif; font-weight: 700; font-style: normal; font-size: 25px; line-height: 1.5; text-shadow: rgba(0, 0, 0, 0) 0px 0px 0px; padding: 10px 0px; margin: 0px; display: block; width: 100%; height: 100%; box-shadow: rgba(0, 0, 0, 0) 0px 0px 0px inset; cursor: pointer; border: 1px solid rgb(0, 0, 0); text-transform: uppercase; } #left-area .entry-content .sumo-form p { padding-bottom: 10px; } .sumo-wrapper .content-block .sumo-form { padding: 0px 5px; } .sumo-wrapper .sumo-form-wrapper.listbuilder-popup-embedded { position: relative; margin: 20px 0; } @media screen and (min-width: 992px) and (max-width: 1199px){ .sumo-wrapper .content-block h3 { font-size: 38px; } .sumo-wrapper .content-block h4 { font-size: 35px; } } @media screen and (min-width:768px) and (max-width:991px){ .sumo-wrapper .content-block { width: 55%; } .sumo-wrapper .content-block h3 { font-size: 38px } .sumo-wrapper .content-block h4 { font-size: 36px; } } @media screen and (max-width: 767px){ .sumo-wrapper .content-block {
In this episode of AroundStartups interviews we bring to you Gourav Bhattacharya [Twitter, LinkedIn], VP, Matrix Partners India. Gourav is a graduate from IIT Mumbai & holds MBA degree from IIM Ahmedabad with distinction. He has worked with UBS & McKinsey prior to joining Matrix. Gourav wholeheartedly accepted our interview request and shared his perspective on a range of topics about India's startup ecosystem including: Day to day life of an Indian VC. Challenges of starting a SaaS based startup in India Tips to budding entrepreneurs Work/Life balance Happiness Credits: Background Music LA Montage by Rockit Maxx Audio Editing, Mixing & mastering at Mediaforart studios, Gurgaon Graphics by Jugal Mody Your suggestions and feedback are most welcome to make this project the best of its kind. You can write to me at atul@aroundstartups.com or connect via Twitter or Facebook. --- Send in a voice message: https://anchor.fm/aroundstartups/message
Donde Search has just closed a $6 million Series A investment led by Matrix Partners, with participation from previous investors such as senior leaders from AliExpress, Google and Waze. Donde first launched in 2014 as a consumer-facing app that helped users search and discover apparel items based on visual characteristics rather than text-based searches. In early 2018, the company pivoted to the enterprise space, helping retailers power suggestions and related items on their websites.
The robots are here and one company, Starship Technologies, has raised $25 million to bring even more to the mainstream. This latest round of funding includes a follow-on investment from Matrix Partners and Morpheus Ventures. New investors include Airbnb co-founder Nathan Blecharczyk, Skype founding engineer Jaan Tallinn and others. These autonomous robots can carry items, like groceries or packages, within a two-mile radius.
Zack Urlocker helped grow a number of software companies to billion dollar exits - including Active Software, MySQL, Zendesk and most recently Duo Security. And he's been an advisor and board member for many other successful venture-backed software companies including HubSpot and SugarCRM. He's also written a rock opera! Zack's worked with many Tier 1 VCs including Benchmark Capital, CRV, Index Ventures and Matrix Partners and he now lectures at the University of Michigan on Entrepreneurial Leadership. Zack discusses: Why product management is a great career path for any budding enterprise sofrtware entrepeneur The importance of focusing on great customer service when you expand internationally How and why you should avoiding micro-managing local decisions from an overseas HQ The importance of transferring your culture and cloning your successful DNA as you expand internationally The mis-step Duo Security took in failing to hire sufficient local domain expertise when they initially expanded into Europe His focus on developing entrepreneurs in the Mid-West: a US region historically starved of entrepreneurial development & learning opportunities Head over to www.alpinasearch.com for more advice on globally scaling your enterprise software venture
Wolfgang Allisat is the Chief Commercial Officer at Unbabel - "The World's Translation Layer". Unbabel - funded by the Notion Capital, Google Ventures, Faber Ventures, Matrix Partners, Schilling Capital and Caixa Capital - utilizes artificial intelligence to enable translations between companies and their customers. Wolf has previously held international sales leadership positions at a number of successful software scaleups including Omniture where he was the first international employee and grew the European business to more than 1,100 customers and 200 employees. Wolf discusses how enterprise software ventures can successfully expand their sales and marketing teams internationally including: The research and planning required to support successful overseas expansion How to recruit your initial sales hires with the characteristics to evangelise your offering and drive customer successes in new markets How to adapt your business culture to succeed in each local market Wolf also discusses the way Unbabel have created a unique culture to resonate with the millennials they typically hire - including weekly company-wide surfing sessions! For more information on Unbabel's AI-powered translation solutions head over to https://unbabel.com and check out http://alpinasearch.com/clients/ for advice on recruiting A-players to globally scale your software/SaaS venture
GUEST Avnish Bajaj is the co-founder and Managing Director at Matrix Partners – a Venture Investing firm, a firm that he set up around 11 years back. He did this at the back of a successful exit from Baazee.com when he sold it to eBay for USD 55 Million. In his own words, he has been a serial brand collector before he took the plunge and started eBay. He is an alumnus of IIT Kanpur, Harvard Business School, Apple Computers, McKinsey & Co. and Goldman Sachs. In our conversation, we spoke about the various transition points in his journey till date and discuss how he thought about some of those forks in the road. He talks about what his views on what it takes to succeed as a Venture Investor. We also talk about his views on entrepreneurship given his experiences as an investor and an entrepreneur in his previous innings. HOST HOST Deepak is a Leadership Advisor and an Executive Coach. He works with leaders to improve their effectiveness and in helping them make better decisions specifically around organisational and career transitions. He currently runs Transition Insight (www.transitioninsight.com) and works with leaders to handle phases of transition thoughtfully. He has worked as an Operations Consultant with KPMG in UK, Strategy Consultant with McKinsey in the US and as a Leadership Consultant with EgonZehnder (a Swiss Leadership Advisory firm) where he helped companies recruit CEOs, CXOs and Board Members and worked on Leadership Development. Deepak is a certified CEO Coach and is an alumnus of IIT Madras, IIM Ahmedabad and London Business School. His detailed profile can be found at https://in.linkedin.com/in/djayaraman OTHER GUESTS 1.Vijay Amritraj 2.Amish Tripathi 3.Raghu Raman 4.Papa CJ 5.Kartik Hosanagar 6.Ravi Venkatesan 7.Abhijit Bhaduri 8.Viren Rasquinha 9.Prakash Iyer 10.Avnish Bajaj 11.Nandan Nilekani 12.Atul Kasbekar 13.Karthik Reddy 14.Pramath Sinha 15.Vedika Bhandarkar 16.Vinita Bali 17.Zia Mody 18.Rama Bijapurkar 19.Dheeraj Pandey 20.Anu Madgavkar 21.Vishy Anand 22. Meher Pudumjee 23.KV Shridhar (Pops) 24.Suresh Naraynan 25.Devdutt Pattanaik 26.Jay Panda 27.Amit Chandra 28.Chandramouli Venkatesan 29.Roopa Kudva 30.Vinay Sitapati 31.Neera Nundy. DISCLAIMER All content and opinions expressed in the podcast are that of the guests and are not necessarily the opinions of Deepak Jayaraman and Transition Insight Private Limited. Views expressed in comments to blog are the personal opinions of the author of the comment. They do not necessarily reflect the views of The Company or the author of the blog. Participants are responsible for the content of their comments and all comments that are posted are in the public domain. The Company reserves the right to monitor, edit, and/or publish any submitted comments. Not all comments may be published. Any third party comments published are third party information and The Company takes no responsibility and disclaims all liability. The Company reserves the right, but is not obligated to monitor and delete any comments or postings at any time without notice.