Sramana Mitra: What else is interesting in your structure that is worth discussing that I have not discussed with you yet? Utsav Somani: I think you’ve pretty much covered everything. There are some really good companies coming out of India. Sramana Mitra: Can you talk about them? Utsav Somani: It’s too early to be disclosing
Sramana Mitra: What direction does the deal flow? Is it the VC’s who are coming to AngelList, or AngelList is chasing these deals? Utsav Somani: We are the largest tech-enabled cloud platform in the world. We are more of a product company than a service company. Our product are the syndicate products. You go do
Sramana Mitra: I’m going to double-click down on a bunch of points you made. You said the angel networks like Mumbai Angels work like glorified VC funds versus AngelList. Elaborate and contrast the fee structures. Utsav Somani: Everyone is structured in a different way. They help different people. The offline angel networks are places where
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Utsav Somani was recorded in May 2018. Utsav Somani, Angel Investor at AngelList India, talks about the newly launched AngelList India. Sramana Mitra: Tell us about the investing focus of AngelList in
Sramana Mitra: Interesting. Hats off to you that you were able to pull together this amount of angel capital because that’s a tough thing to do. Lori Steele Contorer: It was a tough thing to do and as I said, I’m not sure it was the right thing to do. Now, we’re in a very
Sramana Mitra: You’re not going to become a billion-dollar revenue company in two years. Lori Steele Contorer: No, the next presidential cycle is beyond 2016. The next one will be the 2020 election. Sramana Mitra: You said you originally raised some angel money and then acquired the Australian company for stock. Given that you had
Startups are a Social Good by Brian S. Cohen [This is the third in a four-part series of excerpts from Brian S. Cohen and John Kador’s book, What Every Angel Investor Wants You to Know, which is available on Amazon and at independent bookstores.] I approach angel investing with a basic premise: startups are good
What I’m Looking for in an Entrepreneur By guest author Brian S. Cohen [This is the second in a four-part series of excerpts from Brian S. Cohen and John Kador’s forthcoming book, What Every Angel Investor Wants You to Know, which is available on Amazon and at independent bookstores.] What am I looking for in