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
Sramana Mitra: What trends are you seeing in the entrepreneurs who are coming to you for funding? What kinds of entrepreneurs are coming? What resonates with you? Aniruddha Malpani: As I said, the social impact piece resonates with me because I actually think these companies will be far more profitable, partly because of the financial
Sramana Mitra: To net it out, you are agnostic to B2B or B2C. You are really interested in learning about something new. That’s your primary motivator. Aniruddha Malpani: I’ve been doing this for 30 years. I’m good at what I do. This is what I call the T-shaped model of living a life. I have
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Aniruddha Malpani of Malpani Ventures was recorded in September 2017. Aniruddha Malpani, Director and Founder of Malpani Ventures, is an active angel investor in the Indian circuit. He discusses what he looks for in
Entrepreneurs in the early stages of building startups need to be aware of the myriad stages of seed funding that have emerged. By the time you’ve gone through three to five rounds of seed funding, you have spent huge amounts of time and energy (and possibly, equity). To bring yourself up to speed on the
Sramana Mitra: Again, from a trend point of view, you’re sitting at an interesting vantage point. Where are the entrepreneurs? You gave me an idea about where the investors are. You said France is seeing a new angel investment surge, as are India and the U.S. Where are you seeing entrepreneurial activities? David Rose: Countries
Sramana Mitra: So, in general, the investors are paying; the entrepreneurs are getting it free. David Rose: Right now, such as it is, yes. Although the large returns will come in the future from premium services that will be added in. SM: You’re going to have premium services on both sides? Both the entrepreneurs and
Sramana Mitra: What is the business model of Gust? You said you just launched the business. What was the business model of the seven, eight years of market development that you did, and what is going to be now the business model of Gust? David Rose: The business model of AngelSoft was purely leading up to