Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Mackey Craven of OpenView Venture Partners was recorded in January 2018.
Mackey Craven, Partner at OpenView Venture Partners, discusses what Series A VCs are looking for in the realm of software investments. We talk at length about the Series A gap from the perspective of a fund that focuses on Series A and beyond.
Sramana Mitra: Tell us about your investing focus. Let’s get to know OpenView. How big is the fund? What sized investments do you like to make? >>>
After a hiatus last year, several Billion Dollar Unicorn players finally appear to be listing on the public markets. Recently, enterprise collaboration software player Smartsheet (Nasdaq: SMAR) went public. The company appears to be growing at a steady clip, but profits remain distant.
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Laurel Touby of Supernode Ventures was recorded in January 2018.
Laurel Touby, Managing Partner at Supernode Ventures, and a former entrepreneur and avid angel investor, has now launched her new institutional pre-seed fund.
Sramana Mitra: I’m surprised our paths haven’t crossed until now. >>>
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with John Frankel of ff Venture Capital was recorded in December 2017.
John Frankel, Partner at ff Venture Capital, discusses the firm’s investment thesis as well as key trends in the industry.
Sramana Mitra: Tell us about your investing focus. How big is the fund? What sized investments do you make?
John Frankel: We’re a New York-based seed stage fund. We look to invest in companies when they’re just getting going. We >>>
Sramana Mitra: Let’s flip to the consumer side where the mobile penetration has been tremendous. Everybody believes that India is going the the next big e-commerce market. Even Amazon believes that. It has been a slower adoption.
There is friction around buying online. People do cash on delivery. They don’t like to pay by credit card online which has caused the market to evolve much more slowly. It’s a low trust society. What is your forecast about when it is likely to flip? >>>
Entrepreneurs are invited to the 402nd FREE online 1Mby1M mentoring roundtable on Thursday, June 14, 2018, at 8 a.m. PDT/11 a.m. EDT/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.
Sramana Mitra: How do you parse the unicorn mania that’s going on in the industry now? If you do get a hot company that goes through multiple rounds of financing, you could get buried under later-stage liquidation preferences. How do you protect yourself and how do you think about this scenario?
Aniruddha Malpani: We’ve not reached that stage yet. It’s still early days for us. I think the reality is that most of these companies are never going to become unicorns. That’s a good problem to have. Our focus is making sure that we have pro-rata rights. Initially, we will continue growing with these companies as they continue to grow.
Our hope is that as we engage with entrepreneurs, they will not ditch us when they start talking to the bigger boys. Again, I have