VC will fund SaaS Solutions in Cloud

As the global economy continues its roller coaster ride the VC has become selective in their funding.

The one category which the VC will fund are Saas Solutions in the Cloud.

What is the criteria to attract the VC's interest and get the funds you badly need to grow your business.

Photo Courtesy Ajay Gopal.

1. You need a running application which is a SaaS solution in the cloud.

2. You must have an monthly income on the use of your solution with a projected growth of 50% quarter to quarter.

3. The solution must be unique and if possible you must have a few patents or IPR on some processes. Thus creating a barrier for replication.

5. It could be in any industry vertical or any consumer/corporate segment.

If you meet the five criteria above the VC will be calling at your door with the cheque and for their share in growing your business.

You need a great SaaS solution idea which can be developed in the cloud and a credit card to buy cloud services and finally a small team to weave it all together on the cloud.

All the best to your dreams and ambitions and if the VC does not fund you give me a call and if I like the idea I will fund your company.

Footnote : Facebook is a SaaS solution in the cloud.

Comments

Top 10 Changes in the Workplace - Impact of COVID-19

A lot has been said about what’s happening with the impact of Covid, on the workplace. Many of these are hard to imagine and some will require serious consideration. Nevertheless, my 20 years plus background in IT, Operations and Consulting across BCP, Security, Projects and Leadership makes me believe the following are what we can be looking forward to (at varying levels) over the next couple of years. Please leave a comment and I would love to hear your thoughts and comments too! 1. Disinfection Chambers - You would have to walk into the office through disinfection chambers, entry into the chamber would be post facial and iris recognition for 2 factor biometric contactless authentication. You could then be tested for Covid by a nurse through the use of a rapid test kit (Emirates Airline has already deployed the same for airline passengers), there would be a ten minute wait time for the results before you are let into the office. Biomedical Security could be the

IBM's Think Forum 2018 @ Mumbai

It was a wonderful and fulfilling evening for the business and technology leaders of India at the IBM's Think forum 2018 on 13th February in Mumbai. CEO Speak - Ms. Ginni Rometty - Chairman, President and CEO of IBM's keynote set the tone for the energy packed evening, she stated that business can get smarter by the use of cognitive computing - Leveraging a data platform that learns ; Infusing that learning into systems and processes & Empowering their people to learn faster with AI and the need to usher new technologies with purpose and responsibility;society will judge the right ones which deliver value. She enunciated the three drivers for businesses to get smarter - leveraging a data platform that learns, infusing that learning into systems and procedures and empowering their people to learn fast with AI. She said AI should be called Augmented Intelligence. Ms. Ginni Rometty stated that we are at an inflection point for all businesses is use of data, leverage proc

SMAC and the Transformation of Customer Service & Dialogue

"SMAC" is the a acronym for Social, mobile, analytics & cloud the four pillars of the fifth wave of technology as defined by Cognizant Technology the Teaneck, New Jersey headquartered ITES company (NASDAQ Symbol : CTSH). SMAC will change the customer dialogue by leveraging on the collective strength of the Social Media Network, Mobile devices, Analytics driven by Big Data solutions and Cloud Computing as the underlying backbone of affordable and reliable engine for computation. Let us look at each of these components and their impact on our lives today: 1. Social Media - The Social Media has seen breakneck growth and significant valuation with the winners, we have the four undisputed leaders in this segment Facebook, Twitter, Pinterest & LinkedIn with competition from Yahoo, Google and Microsoft and another hundred more social media sites of different hues and aspirations. 2. Mobility - The way we handle and process information anytime anywhere is signi

CloudBus

Search This Blog