Sramana Mitra: You said you have companies in India. Does that mean that you invest globally? What’s the geographical coverage? Sumant Mandal: We will never say that we won’t do something. But if you look at what we’ve done, 75% of our investments are in North America and about 25% is global. Out of that
Sramana Mitra: How long did you do the marketing services before you were able to switch full-time to the online retail car purchasing? Sean Dawes: About two years. We spent some time investigating markets because we weren’t sure if we were going to go in the automotive market. We were exploring a lot of different
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Sumant Mandal was recorded in March 2019. Sumant Mandal is Managing Director at March Capital Partners, a firm that invests largely in enterprise-facing businesses with deep technical differentiation. The conversation includes excellent
Entrepreneurs are invited to the 444th FREE online 1Mby1M mentoring roundtable on Thursday, May 16, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others
Sramana Mitra: I try to trace the journey chronologically. Tell me what you did after coming out? Sean Dawes: Towards my senior year, panic set in about what I was going to do. I realized that I was going to be making $12 an hour and have student loan debt. I ended up working in
For entrepreneurs interested to meet and chat with Sramana Mitra in person, please join us for our bi-monthly and informal group meetups. If you are living in the San Francisco Bay Area or are just in town for a visit, we hope you will add these meetups to your calendar and join us. Pre-registration is required,
Sramana Mitra: People are learning to market better. The packaging in India used to be really shabby. People understand that if you’re trying to position a sophisticated product, it needs to have sophisticated packaging. Frankly, India has such a great tradition of artisans and craftsmanship. There’s no reason why you can’t do phenomenally beautiful packaging
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. This conversation is a comprehensive discussion on how to bootstrap a niche e-commerce venture with a lean team and effective use of inventory financing. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in