
Hamiz Awan, Founder and Partner at Plutus21 Capital, discusses Blockchain infrastructure and platforms.
Sramana Mitra: Let’s introduce you to our audience. Tell us a bit about our background as well as about Plutus21 Capital.
>>>Dr. Aniruddha Malpani, Founder of Malpani Ventures, is an active angel investor in Indian startups for the past decade. Wonderful conversation.
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During this week’s roundtable, we had as our guest Dr. Aniruddha Malpani, Founder of Malpani Ventures, an active angel investor in Indian startups for the past decade. Wonderful conversation.
You can listen to the recording of this roundtable here:
Sramana Mitra: What worked?
Mike Rosenbaum: It’s hard to say when we started getting product-market fit. Over time, we just got better and better at targeting the right customers whether that was through Google or Facebook or offline channels. Eventually, it was word of mouth. Now, most of our new supply is people telling other people about the positive experience that they’ve had.
>>>This feature form Bloomberg analyzed the brewing rivalry between Apple and FB around wearables, AR/VR headsets and home devices. For this week’s posts, click on the paragraph links.
>>>Sramana Mitra: Did you launch with your own money?
Mike Rosenbaum: We made a lot of mistakes as well. We did okay. I put in some of my money. I had a new co-founder, Roland. He came from private equity background and had a very complementary skillset. He was more of a finance and strategy guy. We had met over the previous 12 months or so. We kept in touch. We put in some money. We raised some money from our network.
Sramana Mitra: Give me more specifics. What did you raise money with? Did you do an MVP?
>>>Sramana Mitra: What happened in 2020 when the pandemic hit?
Shaunak Amin: At that time, we had two hubs. We had plans to open up five more. Then in March, nobody was in office. That business went to zero overnight. It was unfortunate. I remember it was the second week of March. We said we are going to take a pause. We all went home. We were thinking we’ll come back in a few weeks. By the second week, we realized that this is going to be longer.
>>>