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Sramana Mitra
Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual incubator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology.

Entries by Sramana Mitra

10 Women Leaders Running Bootstrapped Companies

(0) Comments | Posted February 5, 2016 | 10:21 AM


As I was writing the previous post, 10 Women Leaders Of VC-Funded Companies, I noticed that six out of the 10 companies I included on the list followed a Bootstrap First, Raise Money Later strategy.

My point of view is that as long...

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10 Women Leaders of VC-Funded Companies

(0) Comments | Posted February 3, 2016 | 10:06 AM


As I wrote in my recent article, 10 Must Read Posts on Women and Entrepreneurship, I am concerned that the public discourse on feminism is veering in a victim-oriented direction, something I don't care for.

As a follow-up to that post, I would...

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Billion Dollar Unicorns: Reconsider Your Aspirations

(0) Comments | Posted February 1, 2016 | 11:09 AM


In November last year, I read a brilliant piece titled Reconsider by David Heinemeier Hansson, creator of Ruby on Rails, and a partner at Basecamp, a small 50-people collaboration software company. David starts the piece by saying:

It [Basecamp] didn't disrupt...
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10 Must Read Posts on Women and Entrepreneurship

(0) Comments | Posted January 28, 2016 | 12:00 AM


The issue of women and entrepreneurship has been top of mind of late. It is a topic that I have written a fair bit about, and want to share with you a shortlist of key posts:

  1. Talented Women:...

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Is It Normal to Start Your Own Business While Working Full-time?

(0) Comments | Posted December 28, 2015 | 12:17 AM


Yes. Good choice. Keep going.

Bootstrapping with a paycheck is a mode of entrepreneurship that has become a major trend. Entrepreneurs are starting companies in droves while still holding onto their full-time jobs.

Two interviewers, Amina Elahi from the Chicago Tribune and 

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How Did Mark Zuckerberg Retain 26% of Equity in Facebook After Raising So Much Money?

(0) Comments | Posted December 21, 2015 | 10:42 AM


In general, my observation is that entrepreneurs retain a much higher percentage of equity if they can bootstrap their way to showing real traction, and then keep delivering solid performance metrics.

Obviously, Facebook was in high gear when Peter Thiel invested the first...

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Dealing With the Anxiety, Fear and Frustration of Building a Startup

(0) Comments | Posted December 7, 2015 | 12:22 PM

Startups are extremely difficult, so if you venture into this world, please assume that these challenges will come, no matter what. You will feel anxious, there will be moments of fear, self-doubt, frustration.

I can share a few tools from my own experience both as an entrepreneur, as well as...

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Is Y Combinator Asking For Too Much Equity For 120k Worth Of Funding?

(0) Comments | Posted December 3, 2015 | 10:24 AM


I don't think it's a bad deal. $120k is decent seed funding, 7% is reasonable equity for that amount. Their previous deal, I thought, sucked (6-10% equity for $15k-20k). This one is reasonable.

Recently, Sam Altman released some statistics ... they've funded about...

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Incubators and Accelerators FAQs

(0) Comments | Posted November 30, 2015 | 10:23 AM


This post answers some commonly asked questions about incubators and accelerators. I have answered these questions on Quora as well.

Is an offer of 7.5% pref equity for $30k cash & 3 months acceleration a bad deal for a startup?

It's a pretty...

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Why Is Peter Thiel NOT a Fan of the Lean Startup Movement?

(0) Comments | Posted November 20, 2015 | 11:43 AM


This question was recently discussed on Quora. I wrote an answer there, which I have expanded on for this post.

Most likely because of its short-term oriented view.

The weakest point of the methodology, in my opinion, is the excessive emphasis on quick...

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How Hard Is Entrepreneurship Really?

(2) Comments | Posted November 11, 2015 | 11:30 AM


There's a really good story on Inc. on the dark realities of entrepreneurship. Not the rah rah, everything is so wonderful kind, but the brutal emotional truth: The Psychological Price of Entrepreneurship. Read it.

Successful entrepreneurs achieve hero...
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What Are the Most Common Ways Startups Destroy Themselves?

(0) Comments | Posted November 6, 2015 | 10:57 AM


Chasing investors instead of customers is the most common way startups destroy themselves. It is a perfectly avoidable path to destruction.

Over 600,000 companies go out of business every year in the US alone. Infant Entrepreneur Mortality is a massive problem. Here are...

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Who Makes More Money: A Bootstrapped Entrepreneur or One Who Raises a Lot of VC Money?

(0) Comments | Posted October 20, 2015 | 2:04 PM


The answer is, it depends.

There are some off the charts success stories like Facebook, Google, and some others where the entrepreneurs raised huge amounts of VC money and also ended up creating huge amounts of personal wealth.

In the cases where the...

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Why Do I Keep Hearing No From Investors?

(0) Comments | Posted October 13, 2015 | 1:03 PM

Photo credit: sboneham/

If you want funding, you need to start with a business that is fundable. Ask any serious advisor or investor and you will get an absolute truth: 99 percent of the ideas as they come are not...

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Focus on Sustainable Growth, NOT Growth at All Cost

(0) Comments | Posted October 5, 2015 | 10:38 AM


You may have read my recent piece, Billion Dollar Unicorns: Box Struggles in its Public Avatar, where I discussed how this darling of the VCs is finding the public market rather unfriendly:

Their stock is trading at $13.71 with a market capitalization...

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State of the Entrepreneurship Union: The Disease Has Become an Epidemic

(2) Comments | Posted September 9, 2015 | 11:01 AM


I have always been bullish about the spread of entrepreneurship as a global phenomenon. My organization has worked diligently towards propagating the lessons learned from successful entrepreneurs to those coming after, on a global scale. It has been thrilling to watch the world...

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Infidelity in the Digital Age

(0) Comments | Posted September 2, 2015 | 1:36 PM


Ashley Madison, the web site that uses the tagline "Life is short, Have an Affair" is in the news for a hacking incident whereby the names and email ids of its 32 million registered users have now been exposed to the public.


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Why I Cook, And Suggest You Do Too

(0) Comments | Posted August 26, 2015 | 11:39 AM


Recently, The Atlantic did an interesting story: Why Are Millennials So Obsessed With Food? It asks the question, why do people post so many food pictures on Facebook and Instagram, for instance.

"[Eve] Turow's theory is...

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Feminist Father vs. Chauvinist Father

(0) Comments | Posted August 17, 2015 | 12:38 PM

Screen Shot 2015-08-13 at 10.21.46 PM

We hear a lot of complaints about sexism and chauvinism in 21st-century Silicon Valley. I want to share some stories from India in the mid-20th century. It may sound prehistoric, but it wasn't that long...

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Future of Education: Three Conversations

(0) Comments | Posted August 7, 2015 | 12:57 PM


There is a lot going on in the educational technology market. In our effort to bring you continued insights in that market, we would like to bring to your attention three recent roundtable discussions:

Future of Higher Education with Prof. Anant Agarwal, CEO...

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