It's a This Week in Venture Capital first, as Mark hears a company pitch from the co-founders of Smarketplaces, Sonia Sahney Nagar and Ryan Weber.
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00:17 INTRO: We decided to try something new for the first time ever, we have Ryan and Sonya of Smarketplaces who are going to be pitching me!
1:50 Have you raised money, or are you bootsrapping right now?
2:10 So we're going to go through the business in a moment, but let's give people the headlines. What does Smarketplaces do?
3:10 Some of the biggest trends on the internet: content mixed with commerce.
3:30 Intro to Ryan.
4:50 Ryan, what attracted you to consulting?
6:40 Sonya, what's your background?
7:30 When did you go to Harvard Business School? Is there an entrepreneurial background there?
8:47 How did you guys meet?
10:08 Let me throw out a concern I have about programs like Founderlabs and Startup Weekend. The problem I have is that you get thrown in with a bunch of people you don't know, it's actually the winners I worry about. My fear is for a weekend, everybody seems great and you're all excited to work together. But you take all the positive kudos, and you commit 5 to 8 years of your life to it, and maybe it's not as good as you thought?
13:28 You should assign your IP to the group that works together. Be selective about the people yo