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Welcome to Members of ADDA’s Apartment Communities

Dear Friends,

Humanity has been living through a momentous period over the last 18 months. We’ve all had the time to stop and reflect on life, purpose, fulfillment, meaning.

For many, the desire to strike out into an entrepreneurial future has emerged as an important priority.

In this month of freedom, it is with great pleasure that I want to welcome members of ADDA’s apartment communities into the One Million by One Million (1Mby1M) Global Virtual Accelerator

1Mby1M is the first and only global virtual accelerator in the world with the mission of helping a million entrepreneurs reach a million dollars and beyond in annual revenue. We run it out of Silicon Valley, but with a global footprint.

In the weeks and months to come, we will bring you opportunities to learn, connect, share, and grow.

In the years to come, many successful startups will look back on this moment of liberation as their genesis. 

For starters, we will bring you the 1Mby1M startup fundamentals courses on Udemy at deep discounts. We request that you set aside 3-4 hours a week to study one of the courses and build up your methodology knowledge.

Today, we bring you, first and foremost, Bootstrap First, Raise Money Later with Sramana Mitra, the building block of the 1Mby1M mantra: Do NOT go to VCs as Beggars, Go as Kings.

As Covid is conquered with vaccination, in the months to come, we will work with you to create meetups around the 1Mby1M Free Mentoring roundtables.

Let us join hands and turn each apartment community into a startup accelerator.

I close with one of my favorite poems, Invictus, by William Ernest Henley:

Out of the night that covers me,

      Black as the pit from pole to pole,

I thank whatever gods may be

      For my unconquerable soul.

In the fell clutch of circumstance

      I have not winced nor cried aloud.

Under the bludgeonings of chance

      My head is bloody, but unbowed.

Beyond this place of wrath and tears

      Looms but the Horror of the shade,

And yet the menace of the years

      Finds and shall find me unafraid.

It matters not how strait the gate,

      How charged with punishments the scroll,

I am the master of my fate,

      I am the captain of my soul.

I look forward to getting to know you as we build this movement together.

Sramana Mitra

Founder, 1Mby1M

Testimonials

“1Mby1M is a very helpful program, and Sramana is very well connected in the industry. When we were looking to talk to investors, Sramana introduced us to multiple investors, and also acted as an advisor helping us navigate complex term sheet clauses like tranche financing and liquidation preferences. 1Mby1M also helped us win the $40,000 Microsoft BizSpark Startup Challenge Grant by helping us refine our pitch, market sizing analysis, and other details. I would enthusiastically recommend the 1Mby1M program for first time entrepreneurs and technical founders who need help with understanding other aspects of running a business.”

Girish Mathrubootham,  Founder & CEO at Freshworks – Raised $484 Million in Funding and went Public on Nasdaq with a $10B+ Valuation

“Working with the 1Mby1M team is perhaps one of the best decisions I’ve made on the spur of the moment. I was tracking 1Mby1M for a while and used to get their e-newsletter. I was always cynical about the pay to play model in the Bay Area. I tested the model quite late in our evolution on a whim and was surprised by everything. It was the best $1000 spent. I would strongly urge founders who are at the ideation stage to sign up – you will save yourself a lot of time, trouble and resources. Through 1Mby1M, I was introduced to Warren Weiss, a renowned former sales executive who worked with Steve Jobs at NeXT, and is now a successful VC in Silicon Valley.”

Dharmesh Singh,  Co-founder and CEO, Fullcast - Raised $4 Million in Series A Funding

“I joined the 1Mby1M Premium program in 2020 and had a very good experience interacting with Sramana. Her inputs during the private roundtable sessions added a lot of value; she addressed the exact objectives I had. She also made a number of valuable introductions. Overall, the program had a very positive influence on our journey.”

Abinash Saikia,  Co-founder of EnCloudEn, Acquired by Quantum Corporation in 2021

“The 1Mby1M program has been a phenomenal help to us. Within days of joining, Sramana introduced us to some key folks in the industry and helped open new doors for us. Her advice is real, focused, and actionable. I would highly encourage entrepreneurs, especially first-time entrepreneurs, to leverage the program. Many thanks for all the help, support and mentorship through the years.”

Vikrant Mathur,  Co-Founder at Future Today

“Working with Sramana Mitra and the 1Mby1M Premium program has been invaluable for Adya as a bootstrapped company to better understand how to best position the product and the company while working within constraints. Sramana has a very fresh perspective that promotes bootstrapped startups making slow, steady progress while rejecting the need for institutional investments. This also makes companies better targets for acquisitions. Thanks to her introductions, we were able to pitch Adya to the right companies at the senior executive levels. This led to, I am happy to say, an acquisition of Adya by Qualys! Without Sramana, this happy outcome would likely not have happened.”

Deepak Balakrishna,  Co-Founder and CEO, Adya (Acquired by Qualys)