1Mby1M AI Investor Forum: Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures (Part 7)

Sramana Mitra: I’m sure you are seeing that category of entrepreneurs in the geographies that you’re catering to. That is a true statement. They’re benefiting from the fact that the ultralight startup trend is really taking off right now because of AI.

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Cloud Stocks: Palantir Delivers through Government Contracts

Yesterday Palantir (NYSE: PLTR) announced its first quarter earnings that outpaced market expectations. Driven by strong government contracts, the company raised its outlook for the year as well. 

1Mby1M AI Investor Forum: Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures (Part 6)

Sramana Mitra: The founders that are prized are founders who bring that kind of deep domain knowledge with which to build something differentiated.

Video FAQs

1Mby1M AI Investor Forum: Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures (Part 5)

Sramana Mitra: So, tell me a little bit about fund two. What are you expecting to see? I’m sure you have some sort of a pipeline and deal flow that’s already built up as you are starting to divest your second fund. What is happening in the geographies you are interested in? Tell us more about what’s happening in the tech enabled services work.

1Mby1M AI Investor Forum: Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures (Part 4)

Sramana Mitra: What size checks do you write?

Mark Phillips: Out of fund two, we’re writing a $1-$1.5 million check into  to portfolio companies over the course of the next two to three years.

1Mby1M AI Investor Forum: Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures (Part 3)

Sramana Mitra: Yes. Most VCs and certainly Andreessen Horowitz are operating with a unicorn chasing mindset. This particular fundraise by Andreesen Horowitz is absurd because to give returns to limited partners on a $20 billion fund makes no sense.

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May 8 – 684th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 684th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 8, 2025, 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 can register to Attend to watch, learn, and interact through the online chat.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be