Sramana Mitra: If I were to synthesize what I heard from you, your relationships are more of the corporates who are either co-investing with you or are becoming early customers of your portfolio companies, and not necessarily with the acquirers. The acquirers are coming as you go along and develop the businesses. Evangelos Simoudis: When
Sramana Mitra: How did the acquisition come about? I’ll give you a bit of context about where I’m going with this question. It sounds like you and your syndicate partners are open to relatively early acquisitions. You’re not trying to go for this unicorn kinds of companies. I happen to believe that that’s great because
Sramana Mitra: What kind of check sizes are we talking about? Evangelos Simoudis: Low hundreds to maybe half a million. Sramana Mitra: Let’s talk a little bit more about the portfolio companies. Let’s actually talk about the two that you talked about that have exited already. Give us a window into what kind of company
Sramana Mitra: What fund size are we talking? What size of checks are we talking? Evangelos Simoudis: The second part of the question is more important. We invest in every stage if they have a little bit of revenue. We like to see some proof of revenue, some proof that what the company is developing
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Evangelos Simoudis was recorded in November 2018. Evangelos Simoudis, Founder and Managing Director at Synapse Partners, takes us on a deep dive into AI investing. Sramana Mitra: Let’s get acquainted. Tell us
Evangelos Simoudis, Founder and Managing Director at Synapse Partners, takes us on a deep dive into AI investing.