Alright, let’s cut through the noise and get to the brutal truth of the startup accelerator world. Many entrepreneurs, starry-eyed and naive, leap headfirst into 3-month accelerator programs without truly understanding the long-term implications. It’s time for an incisive commentary, a necessary dissection.
>>>Raising money to build a startup is a huge challenge. To be able to raise any money at all, you must first understand how investors think. We have developed the following courses catering to entrepreneurs in different stages of their entrepreneurial journey.
>>>If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Ravi Mohan.
Ravi Mohan is Managing Director at Shasta Ventures, a firm that has invested in three SaaS Unicorns. Ravi discusses these investments: Apptio, Anaplan, and Zuora. You can listen to the podcast interview here and the entire roundtable program here:
John Frankel is Partner at ff Venture Capital. We had an extensive discussion about Covid’s impact on the startup ecosystem, the changes we notice, so forth.
Sramana Mitra: Let’s catch up. How has the pandemic year been? What are you doing these days?
>>>If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
Rajeev Madhavan is Founder and General Partner at Clear Ventures, a firm focused on seed-stage deep tech investing.
Sramana Mitra: We are going to start today’s session with a conversation with Rajeeev Madhavan, the founder and general partner of Clear Ventures. I have known him for a long time. He has been here before. You may have listened to his previous session. It has been a while and we want to catch up. Welcome back to the show!
>>>If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Warren Weiss.
Warren Weiss, General Partner at Foundation Capital, has a long track record in the Silicon Valley venture capital industry. When we spoke in 2015, he shared areas that he and Foundation are excited about as opportunities for building future Unicorns. You can listen to the podcast interview here and the entire roundtable program here:
Sumant Mandal, Co-founder and Managing Partner at March Capital, emphasizes the impact of Covid on virtual companies and remote teams and discusses his investment thesis.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Sumant Mandal, Co-founder and Managing Partner at March Capital. Sumant emphasized the impact of Covid on virtual companies and remote teams and discussed his investment thesis.
VXPass
As for our entrepreneur pitch, we had Zachary Weiner from Miami, Florida, pitch VXPass, a digital record service for Covid vaccination and testing.
Resource
Next, we had David Casey from Berkeley, California, pitch Resource, a cryptocurrency based barter marketplace.
Laurel Touby, Managing Director of Supernode Ventures, talks about pre-seed investing in Latin America.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
Eric Benhamou is Founder and General Partner at Benhamou Global Ventures.
Sramana Mitra: Let’s focus on where you are in terms of the fund. What fund are you on? What is the size of the fund? What is the fund strategy now?
>>>Cindy Padnos, Founder and Managing Director at Illuminate Ventures, discusses the impact of Covid on the fund’s portfolio, as well as trends she sees.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
Tim Guleri is Managing Director at Sierra Ventures. We have a terrific discussion on Business Model Innovation and Distribution Innovation that Tim believes trumps technology innovation. We go through some excellent examples. Do give this a listen!
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
Daniel Cohen, General partner at Viola Ventures, discusses AI, PaaS, and deep tech investments.
Sramana Mitra: We have known each other for ten years. We have observed the industry for a very long time. We often have guests with whom we’ve had long relationships.
>>>In case you missed it, you can listen to the recording here:
During this week’s roundtable, we had as our guest Cindy Padnos, Founder and Managing Director at Illuminate Ventures. Cindy discussed the impact of Covid on the fund’s portfolio, as well as trends she sees.
ArtandFound.co
As for our entrepreneur pitch, we had Aditya Mehta from Mumbia, India, pitch Art&Found, a digital art marketplace based on NFTs.
You can listen to the recording of this roundtable here:
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
Heidi Roizen, Partner at Threshold Ventures, discusses her important article, “How to Build a Unicorn From Scratch – and Walk Away with Nothing,” and imparts crucial lessons to entrepreneurs on how to look at terms in a venture financing situation.
Sramana Mitra: We have been living in world of unicorn mania. We have tried to put some perspective on this issue. There are good sides to the unicorn mania. There are bad sides to the unicorn mania. Let’s start with one particular piece that you wrote, which I thought was very well-analyzed. The piece was titled How to Build a Unicorn From Scratch – and Walk Away with Nothing.
Heidi Roizen: I’ve been doing this for a long time, and I’ve seen cycles come and go. There are two things every entrepreneur should be aware of that they really aren’t aware of. One is, not everything goes well all the time. If you’re an entrepreneur, you fully believe that everything is going to go great for you. The reality is, that is almost never the case. The second thing is, our economy moves in cycles. The macroeconomic conditions will affect your ability to raise money and prosper.