Sramana Mitra: In our work, we place a lot of emphasis on TAM and on really trying to get to precise bottom-up TAM analysis. In doing so, one thing that I see constantly is ignoring the segmentation aspect. You can say that this applies to everybody, but that’s not true. Often, solutions are perfect for
Sramana Mitra: How do you process the current investment climate where capital is moving further and further upstream? How does a seed investor mitigate the Series A gap? Clint Chao: It’s a great question. It’s clear that your traditional Series A investors have raised the hurdle, if you will, on what qualifies as a viable
Sramana Mitra: How big is the fund? Clint Chao: Our first fund is a small fund. It’s a $10 million fund. We launched that officially in 2015. We did a first close on our second fund late last year. That’s a $50 million fund. Our initial investment in fund one averaged around $250,000. We reserve
Sramana Mitra: We see a ton of companies outside of the Bay Area given what we do and our global nature. The other day, there was a security company from Capetown, South Africa pitching at the roundtable. It’s very encouraging and heartwarming to see how much of the knowledge of what we used to do
Sramana Mitra: Double-click down for us into the B2B investments that you make. What sectors of B2B are particularly interesting? Where do you have expertise? Clint Chao: When we say B2B, we’re essentially looking for companies that sell their product or service to other businesses. We’ve created our own investment thesis that we call Reimagine
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Clint Chao of Moment Ventures was recorded in March 2018. Clint Chao, Co-Founder and General Partner at Moment Ventures, discusses the vertical niche opportunities in the tech industry. Sramana Mitra: Tell us